R-14Driver
TB Legend
- Credits
- 0
Beleaguered trucking firm YRC Worldwide (YRCW) this afternoon said its chief executive, William Zollars, will retire “upon the successful completion of YRC Worldwide’s comprehensive recovery plan,” with no date specified.
“The time would be right for me to hand over the reins to new leadership,” said Zollars in a press release.
He continued:
I am particularly proud of all we, as an organization, have accomplished over the past two years. We have faced unprecedented challenges and had to deal with the most difficult economic environment our industry has ever experienced. I am especially grateful to my team and the many stakeholders who partnered with us to put the company on an operationally and financially stable path to recovery. By informing the board now of my decision, we will have sufficient time to identify my successor and ensure a seamless transition to new leadership.
YRC director John A. Lamar remarked:
We are grateful to Bill for his exemplary leadership, first directing the company’s business expansion over more than a decade, and most recently switching gears to help navigate the organization through its most challenging period. We are pleased that he will remain at the helm through this process as we work together to identify his successor..................
YRC’s Zollars to Retire on Completion of Recovery Plan - Stocks To Watch Today - Barrons.com
“The time would be right for me to hand over the reins to new leadership,” said Zollars in a press release.
He continued:
I am particularly proud of all we, as an organization, have accomplished over the past two years. We have faced unprecedented challenges and had to deal with the most difficult economic environment our industry has ever experienced. I am especially grateful to my team and the many stakeholders who partnered with us to put the company on an operationally and financially stable path to recovery. By informing the board now of my decision, we will have sufficient time to identify my successor and ensure a seamless transition to new leadership.
YRC director John A. Lamar remarked:
We are grateful to Bill for his exemplary leadership, first directing the company’s business expansion over more than a decade, and most recently switching gears to help navigate the organization through its most challenging period. We are pleased that he will remain at the helm through this process as we work together to identify his successor..................
YRC’s Zollars to Retire on Completion of Recovery Plan - Stocks To Watch Today - Barrons.com