Yellow | Stephanie D. Fisher Named YRC Worldwide Chief Financial Officer

Freightmaster1

TB Legend
Credits
605
https://seekingalpha.com/pr/16836072-stephanie-d-fisher-named-yrc-worldwide-chief-financial-officer

m0cxKYq.jpg

Yeah! And I can cook those books even better than Jamie ever did!

iTrEBO9.jpg

:bananapartyhat:
 
Last edited:
Now to see how many Free Stock Shares she gets & how big her bonus & salary will be ?
http://files.shareholder.com/downloads/YRCW/4501403306x0xS1193125-17-176719/716006/filing.pdf
Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
Chief Financial Officer

Effective May 16, 2017, Stephanie D. Fisher, age 40, was appointed Chief Financial Officer of YRC Worldwide Inc. (the “Company”). Ms. Fisher served as Acting Chief Financial Officer and Vice President and Controller since January 2017 and as Vice President and Controller since May 2012. Prior to that, Ms. Fisher served in various positions in the Company’s Corporate Accounting department since 2004, including Director, Financial Reporting.

Ms. Fisher received a salary increase to $400,000 per year in connection with her promotion. Ms. Fisher will continue to participate in the 2017 executive compensation program as disclosed in the proxy statement for the Company’s 2017 annual stockholder meeting (the “2017 Executive Compensation Program”). Compensation components will include (i) base salary, (ii) annual short-term incentive compensation, with target payout at 150% of base salary, based on 2017 Company revenue and Adjusted EBITDA performance (each performance goal as established by the Compensation Committee of the Board of Directors), and (iii) equity-based compensation as long-term incentive compensation at 50% of base salary.

In addition, Ms. Fisher received a one-time payment of $43,205 as additional compensation for her service as Acting Chief Financial Officer which amount reflects the differential between her base salary during her service in that role and her new base salary.

Vice President and Controller

Effective May 16, 2017, Brianne L. Simoneau, age 38, was appointed Vice President and Controller of the Company. Ms. Simoneau served as Director, Financial Reporting for the Company since April 2015. Prior to commencing employment with the Company, Ms. Simoneau was Controller at Freightquote.com, Inc., which is not an affiliate of the Company, from March 2009 to April 2015, where she was responsible for the general accounting functions.

Ms. Simoneau received a 34% salary increase and a grant of 10,000 shares of the Company’s restricted common stock in connection with her promotion, which shares will vest on February 14, 2020. Ms. Simoneau will participate in the 2017 Executive Compensation Program with the short-term and long-term incentive components each at the same target percentages of base salary as set forth above for Ms. Fisher. The Company and Ms. Simoneau will enter into the Company’s standard form of indemnification agreement for directors and officers, a copy of which was previously filed as Exhibit 10.5 to the Company’s Current Report on Form 8-K filed on March 15, 2007 and is incorporated herein by reference.
:bouncy::hissyfit::ranting2:
 
http://files.shareholder.com/downloads/YRCW/4501403306x0xS1193125-17-176719/716006/filing.pdf
Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
Chief Financial Officer

Effective May 16, 2017, Stephanie D. Fisher, age 40, was appointed Chief Financial Officer of YRC Worldwide Inc. (the “Company”). Ms. Fisher served as Acting Chief Financial Officer and Vice President and Controller since January 2017 and as Vice President and Controller since May 2012. Prior to that, Ms. Fisher served in various positions in the Company’s Corporate Accounting department since 2004, including Director, Financial Reporting.

Ms. Fisher received a salary increase to $400,000 per year in connection with her promotion. Ms. Fisher will continue to participate in the 2017 executive compensation program as disclosed in the proxy statement for the Company’s 2017 annual stockholder meeting (the “2017 Executive Compensation Program”). Compensation components will include (i) base salary, (ii) annual short-term incentive compensation, with target payout at 150% of base salary, based on 2017 Company revenue and Adjusted EBITDA performance (each performance goal as established by the Compensation Committee of the Board of Directors), and (iii) equity-based compensation as long-term incentive compensation at 50% of base salary.

In addition, Ms. Fisher received a one-time payment of $43,205 as additional compensation for her service as Acting Chief Financial Officer which amount reflects the differential between her base salary during her service in that role and her new base salary.

Vice President and Controller

Effective May 16, 2017, Brianne L. Simoneau, age 38, was appointed Vice President and Controller of the Company. Ms. Simoneau served as Director, Financial Reporting for the Company since April 2015. Prior to commencing employment with the Company, Ms. Simoneau was Controller at Freightquote.com, Inc., which is not an affiliate of the Company, from March 2009 to April 2015, where she was responsible for the general accounting functions.

Ms. Simoneau received a 34% salary increase and a grant of 10,000 shares of the Company’s restricted common stock in connection with her promotion, which shares will vest on February 14, 2020. Ms. Simoneau will participate in the 2017 Executive Compensation Program with the short-term and long-term incentive components each at the same target percentages of base salary as set forth above for Ms. Fisher. The Company and Ms. Simoneau will enter into the Company’s standard form of indemnification agreement for directors and officers, a copy of which was previously filed as Exhibit 10.5 to the Company’s Current Report on Form 8-K filed on March 15, 2007 and is incorporated herein by reference.
:bouncy::hissyfit::ranting2:
Ok partner... My turn to drive. Go ahead. Let em have it!!!
 
OMG . REALLY a $400-K year RAISE :ranting2: and we get chump change -15% :ranting2: and plus she gets $43-K more :ranting2:This is total B.S. for a company that keeps saying they are so BROKE :fingure: Where the hell is our union and WHEN is the LAST they ordered a Audit of the books ?? So this goes to show the greedy little yellow pig has money :greedy dollars:, so in 2019 wake up sheep and fight back and vote NO !!:6788:
 
They should change the name of this company from YRC freight to BOHICA freight its pronounced ( bo he ca)

Bend over here it comes again.
 
We only work there to keep our own heads above water and to make these people really comfortable for a few years.
It's ridiculous.
CRST is looking pretty good now.
(only if I had a cdl) I'd be gone. There is no benefit to stay any longer.
Pfft. To keep insurance? That's all. Once that's gone it's like any other place except you have to pay the cable bill. (union dues)
 
Let me understand the pay package just granted to this new CFO, Ms. Fisher, from the YRCW Directors.
1) She gets an immediate raise to $400,000 annual "base" pay
2) She gets an additional annual "target" bonus of 150% of her $400,000 base salary ( $400,000 x 150% = $1,000,000) (short term annual incentive)
3) She gets a additional "equity based" long term incentive payment of 50% of base salary ($200,000)
4) She also gets a one time payment of $43,205 as "back pay" while she was in her previous post.

Rest assured there are also numerous hidden percs that go with the job.
Also no mention of the exit bonus (aka "golden parachute") she will get when that revolving door turns once again. The YRCW Executive Million Dollar Club just keeps on getting more members.

Those "REVOLVING DOORS" just keep on turning. This just another slap in the face of YRCW employees.
Where are Hoffa's comments on this? Just silence.
 
Let me understand the pay package just granted to this new CFO, Ms. Fisher, from the YRCW Directors.
1) She gets an immediate raise to $400,000 annual "base" pay
2) She gets an additional annual "target" bonus of 150% of her $400,000 base salary ( $400,000 x 150% = $1,000,000) (short term annual incentive)
3) She gets a additional "equity based" long term incentive payment of 50% of base salary ($200,000)
4) She also gets a one time payment of $43,205 as "back pay" while she was in her previous post.

Rest assured there are also numerous hidden percs that go with the job.
Also no mention of the exit bonus (aka "golden parachute") she will get when that revolving door turns once again. The YRCW Executive Million Dollar Club just keeps on getting more members.

Those "REVOLVING DOORS" just keep on turning. This just another slap in the face of YRCW employees.
Where are Hoffa's comments on this? Just silence.
Additional note.....#2) above may be an annual salary of $600,000 total (150% of her base salary) OR it may be an additional 150% of her base salary on top of her base salary of $400,000 .....$600,000 + $400,000 = $1,000,000. Either way, it's a LOT of money.
I don't understand that if your base salary is already $400,000, why are additional incentives necessary to get that person to do a good job?
Isn't $400 K a year (plus percs) enough incentive for an 8 to 5 job sitting in a luxury office?
 
Top