YRC stacks its board with turnaround experts

May 3, 2010: YRC Worldwide Inc. outlined an overhaul of its board of directors on Friday. The move is part of a deal the trucking carrier struck to entice bondholders to swap debt for equity.

Seven members of the YRC board will resign effective May 11, according to filings with the Securities and Exchange Commission. Five new members — most with experience in turning around companies — will join the board while four current directors will remain.

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

Get Advice Join TDU Donate

Recent News

The 2026 Teamster Election

The two-year process for electing Teamster International Union officers is underway. Here is what you need to know about the process and how to participate.

Watch Webinar: Enforcing Heat Safety Rights at UPS

UPS Teamsters won new contract language protecting our right to work safely when temperatures rise. Watch the webinar to learn about heat safety rights under Article 18 of the contract and how to enforce them. Then scroll for resources, including heat safety wallet cards, printable fact sheets, and a parking lot meeting guide.

View More News Posts