YRCW Execs Get Big Pay Hike

Austin Alonzo
Kansas City Business Journal
January 05, 2015

YRC Worldwide Inc. has terminated its employment agreements with CEO James Welch and CFO Jamie Pierson. However, the Overland Park-based company's top executives aren't going anywhere.

According to a Securities and Exchange Commission filing late Friday, the less-than-truckload carrier (Nasdaq: YRCW) announced that the company's board approved termination of Welch and Pierson's current employment agreements to grant them a new, more competitive package in 2015.

Click here to read more at the Kansas City Business Journal.

Sign up for email updates at www.tdu.org and like us on facebook.

Get Advice Join TDU Donate

Recent News

Sign the Petition: Extend COVID Paid Leave at UPS

Growing numbers of UPS Teamsters are having to quarantine without pay, because they have reached the 10-day cap on COVID pay. Sign the petition to tell UPS not to cap COVID paid leave when we need it most. 

 

9.5 Lists Will Automatically Renew on January 16

Because of the COVID pandemic and social distancing requirements, UPS and the International Union have agreed to renew the 9.5 list that was in effect until November 15 when 9.5 rules go back into effect on January 16.

View More News Posts