TForce | Negotiations Update May 26th

[ltl 07]

Meanwhile with the increase in the value of the stock Bedard is now currently worth about $700 million.

It’s funny, when you take a look at the revenue printed at the bottom of the travel copies you can clearly see we are making money hand over fist. To say that TForce can’t afford to give a substantial raise and keep the pension is bs!

Bedard doesn't own TFI it is owned by stock holders. He is just an employee of TFI and he has a contract with them the same as everyone else. His contact is just better.

 

[FreightDriver]

Bedard doesn't own TFI it is owned by stock holders. He is just an employee of TFI and he has a contract with them the same as everyone else. His contact is just better.

No one ever said Bedard owned TFI outright. Yes, he is employed as the CEO. He also owns stock valued at roughly $700 million at current prices.

 

[Triplex]

Bedard doesn't own TFI it is owned by stock holders. He is just an employee of TFI and he has a contract with them the same as everyone else. His contact is just better.

According to recent SEC filings Bedard owns between 5 and 6% of TFI.

 

[No port]

According to recent SEC filings Bedard owns between 5 and 6% of TFI.

As a minority stakeholder in the company anything he did would have to be approved by the board.

 

[Triplex]

As a minority stakeholder in the company anything he did would have to be approved by the board.

The board has oversight over the CEO regardless of his share ownership.