In 2017, Josh Harris, a founder of Apollo, advised the Trump administration on infrastructure policy and discussed a possible White House job with Jared Kushner, Mr. Trumps son-in-law and senior adviser. Hawkins, who became CEO of YRC in May 2018, ranked as the Business Journal 's 16th-highest-paid public company executive, with $4.43 million in total compensation in 2018. Recently, prosecutors under the current district attorney. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. [Stay on top of transportation news: Get TTNews in your inbox.]. The rescue, which was approved on the grounds that YRC was critical to national security, made the company one of the largest recipients of taxpayer money meant to support businesses and workers struggling amid the coronavirus. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. As Chief Executive Officer at Yellow Corp, Darren D. Hawkins made $2,118,469 in total compensation. Rumfola joined Yellow in January 2023, bringing an extensive background in technology leadership from Cardinal Health Inc., where she most recently served as senior vice president of information technology for the health care companys medical segment. Charli This information is according to proxy statements filed for the 2021 fiscal year. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. Yellow has more than 300 terminals coast-to-coast and its team of 30,000 freight professionals transport more than 17 million shipments annually for North Americas smallest and largest businesses. The inquiry into Mr. Trumps role in paying hush money to the porn actress Stormy Daniels during his 2016 campaign has spanned five years, two Manhattan district attorneys and multiple grand juries. Darren Hawkins, president and CEO of YRC Worldwide, emphasized the industry's concerns with the conversion of existing toll-free interstate highway lanes to tolled facilities during a hearing of . Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. We rely on our journalists to be independent observers. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nations freight. YRCs relationship with the government has not always been cozy. Some members of the commission also want to look into whether YRCs relationship with Apollo influenced the approval of the loan, according to a person familiar with the matter. 430 First Street, SE, Suite 100 . Anyone can read what you share. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Military Friendly Employers have invested considerable time, money and personnel to build military ScoopMonkeys list of their 100 best-rated carriers is based on qualities like all-around service, punctuality, communication, and professionalism. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. Its top 500 enterprises are listed by the quality of their security programs. Overland Park KS 66211, United States. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. The CEO of YRC Freight is Darren Hawkins. Of this total $750,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $1,196,628 was awarded as stock and $129,840 came from other types of compensation. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The inquiry , The special counsel is also investigating Mr. Trumps. In announcing the decision on July 1, Mr. Mnuchin said, This loan will enable a critical vendor to the Department of Defense to maintain significant employment while providing appropriate compensation to taxpayers and estimated that 30,000 trucking jobs would be saved. Washington, DC 20003, ATA Capitol Hill Office In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. We value your business and will continue doing our best to serve in this challenging climate. It was the first company to receive a loan from that fund. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. No decision has been made about moving the inquiry in that direction. and a Ph.D. in political science, both from . 2023 Yellow Corporation. YRC Worldwide, Inc. (YRCW) Q4 2019 Earnings Conference Call February 4, 2020 5:00 PM ETCompany ParticipantsEric Birge - VP, IRDarren Hawkins - CEO & DirectorJames Pierson - CFO,. During this challenging time, we are incredibly grateful for our team at YRCW of over 30,000 employees who safely and diligently continue to serve our customers. Darren is currently serving as Second Vice Chairman of the American Trucking Associations, the largest national trade association for the trucking industry. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. Classified documents. YRC Worldwide CEO Darren Hawkins talks with TranzAct Technologies' Co-Founder Mike Regan about the State of the LTL Marketplace as well as the recent U.S. Government deal YRCW made.This interview from August, 2020, is an exclusive insight into YRCW's strategic goals, which includes advice for shippers looking to partner with their carriers in the current COVID environment and beyond.For more insights, go to www.tranzact.com, where you can find additional information on how shippers can succeed. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. about Inbound Logistics 2016 Top 100 Trucker. Favorite Healthcare Staffing Jobs Near Me, Senior Software Engineer jobs at YRC Freight, Inside Sales Account Executive jobs at YRC Freight, Account Representative jobs at YRC Freight. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator Of this total $1,100,000 was received as a salary, $893,369 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $125,100 came from other types of compensation. Intensifying investigations. We remain dedicated to getting your essential freight to market. Mike Kelley, a YRC spokesman, declined to comment. As Yellow Corporations Chief Commercial Officer, Jason W. Bergman leads the industry-leading enterprise sales organization comprised of corporate, local, and 3PL channels, and the marketing services team. The most recent stock trade was executed by Scott D. Ware on 27 November 2020, trading 15,000 units of YRCW stock currently worth $93,750. If you have any questions, please contact your YRCW account representative. Moodys Investors Service cut the companys ratings and Mr. Ross, of Stifel, halted estimates of its earnings, noting the high degree of uncertainty facing the company. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. Share Your Experience Name & Title Bio D Darren Hawkins CEO / President A A.j. 2023 Yellow Corporation. Darren Hawkins's income source is mostly from being a successful . You may also find the annual proxy statement by going directly to the company's website. about Neil Nogues Receives the Professional Excellence Award. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. While the trucking industry is willing to pay its fair share for infrastructure improvement, we believe that tolls are not the right solution, and in fact can be very harmful to our industry, customers and ultimately, to consumers, said Hawkins, who represented American Trucking Associations at the hearing. a $700 million loan in exchange for a 30 percent stake in the business, handling of sensitive government documents, advised the Trump administration on infrastructure policy, allow broader access to an emergency Federal Reserve lending program. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. On average, Darren trades about 2,373 units every 33 days since 2014. Rescue of Troubled Trucking Company With White House Ties Draws Scrutiny, https://www.nytimes.com/2020/08/03/us/politics/yrc-coronavirus-relief-funds.html. The chart on this page features a breakdown of the total annual pay for Darren D. Hawkins, Chief Executive Officer at Yellow Corp as reported in their proxy statements. In April, President Trump tapped YRCs chief executive, Darren Hawkins, to serve on a coronavirus economic task force and in January, he nominated the companys former chief executive, William Zollars, to the United States Postal Services board of governors. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. YRCs fortunes have been fading for years, beginning in 2009 when two of its shipping competitors, FedEx and Conway, engaged in a price war in hopes of driving it out of the market. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. He is dedicated to adding the technology of Yellow Logistics to the combined power of Yellows network to provide significant market leverage and bring our customers new service opportunities. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Through its OVERLAND PARK, Kan., April 20, 2018 (GLOBE NEWSWIRE) YRC Worldwide Inc. (NASDAQ:YRCW) today announced its eighth annual recognition of employees for environmental excellence. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. He is from . She holds an MBA from Ashland University. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. Harriss expertise and leadership will be instrumental in growing Yellows super regional network across North America, developing customer service enhancements and expanding teams to include best-in-class LTL freight professionals across the Holland, New Penn, Reddaway, YRC Freight and Yellow Logistics brands. Darren Hawkins Net Worth. https://info.tranzact.com/transportation-spend-management-plan-ebookSee more at https://www.tranzact.com/#YRCW #TranzActTechnologies #YRCNews #YellowFreight #CARESAct #LTLClick to subscribe: https://www.youtube.com/user/TranzActTechnologies?sub_confirmation=1 He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nations second largest less-than-truckload network. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nations second-largest less-than-truckload network. Executive Summary. The headquarters of YRC Worldwide in Overland Park, Kan. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). None of the information on this page has been provided or approved by YRC Freight. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. This report is not for commercial use. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. Washington, DC 20003, Agricultural and Food Transporters Conference. The government lifeline to YRC was a boon to Apollo, which might have been faced with liquidating its decaying trucking assets if the company was forced to close. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions reduction technologies, while simultaneously opening 16 new Driving Academies developing a pipeline for the next generation of truck drivers. In 2018, the Trump White House had recommended a 10-year, $1.5 trillion private sector-centric infrastructure plan meant to revamp the countrys infrastructure. In his 45-year career with YRC Freight, Bobby Elrod has reached the elite safety milestone of driving five-million consecutive miles without a single accident. The commission, which will hold its first hearing on Friday morning, has the power to request documents, call witnesses and coordinate with other congressional committees on oversight matters. 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He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. In April, President Trump tapped YRC's chief executive, Darren Hawkins, to serve on a coronavirus economic task force and in January, he nominated the company's former chief executive,. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nation's second largest less-than-truckload network. Over the years, she has provided support for Cardinal Health businesses units that include Pharmaceutical, Pharmaceutical Distribution, Nuclear Pharmacy Services, and Enterprise Customer and Sales functions. YRC Freight may also be known as or be related to YRC Freight, YRC Freight Inc, YRC Freight Inc., YRC Worldwide, Yellow Corporation and Yrc Freight. That is what the Treasury Department did with YRCs application, saying in a news release that the approval for the loan was based on a certification by the secretary of defense that YRC is critical to maintaining national security.. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. The panel, which was created as part of the legislation that was signed in March to oversee distribution of $2.2 trillion in federal virus relief, said it found the agreement questionable and predicted that the government could end up losing money on the deal given the companys precarious financial position. Yellow has more than 300 terminals coast-to-coast and its team of 30,000 freight professionals transport more than 17 million shipments annually for North Americas smallest and largest businesses. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . Last year it posted a net loss of $104 million. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. Their crisis is borne of years and of under investment in their assets.. Darren Hawkins (born April 15, 1966) is an American professor and the current chair of the department of Political Science at Brigham Young University.Hawkins is an expert on international conventions and international law. How Times reporters cover politics. So, how much is Darren Hawkins worth at the age of 56 years old? The decision about whether to charge Mr. Trump will ultimately be made by the Fulton County district attorney, Fani T. Willis, who has been investigating the case for the last two years. Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. No former president has ever confronted the barrage of legal threats that Donald J. Trump now faces, all of which appear to be, The Justice Department has been asking questions for more than a year about Mr. Trumps efforts to overturn the election and whether he committed any crimes in connection with the Jan. 6 attack. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. YRC Worldwide, based in Overland Park, Kan., ranks No. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. Mr. Hawkins owns over 7,500 units of Yellow stock worth over $262,434 and over the last 9 years he sold YRCW stock worth over $1,181,157. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. Their crisis is not a product of Covid, Mr. Mehrotra said. The Justice Department has been asking questions for more than a year about Mr. Trumps efforts to overturn the election and whether he committed any crimes in connection with the Jan. 6 attack. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. As Chief Information Officer of Yellow Corporation, Annlea Rumfola oversees all information technology teams, systems, processes and support functions for one of the largest, most comprehensive trucking networks in North America. Eager to assist, Mr. Mnuchin assured the senator that we will look at that specific company and see what we can do and get back to you.. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. TranzAct has been offering supply chain solutions since 1984, and can use our technology, knowledge, and network for you.Get in touch at solutions@tranzact.com or 630.833.0890.Check out the rest of this 2:00 Minute Warning: https://blog.tranzact.com/2-minute-warning/yrc-ltl-market-updatesView our 2:00 Minute Warnings here: https://www.youtube.com/playlist?list=PL6DA439EEE7804393Download this ebook to learn what factors inside your organization influence your costs, what levers you can use to make changes and how to quantify the impact. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The relationship between Apollo and the White House runs deep. There are no executives at Yellow getting paid more. Apollo, which is YRCs biggest creditor, said it was not involved in YRCs decision to seek the Treasury Department loan and noted that it is one of several lenders invested in the company. Absent significant upgrades and repairs to key freight and commuter corridors, congestion has worsened at major metropolitan regions, other stakeholders told lawmakers at the hearing. YRC was already in a precarious position given that they werent a very profitable company, they were already losing volume and market share, and theyve been trying to turn this around forever, said David Ross, an analyst at the investment firm Stifel. The inquiry into Mr. Trumps role in paying hush money to the porn actress Stormy Daniels during his 2016 campaign has spanned five years, two Manhattan district attorneys and multiple grand juries. A July report from the Congressional Oversight Commission raised questions about the decision to grant the loan, asking why delivering food to bases was vital for national security and why the Treasury Department appeared to seek special signoff from the Defense Department to ensure that YRC was considered eligible. Sean Jones is a CDO Coordinator at YRC Freight and is based in Leawood, Kansas. Their health, safety and well-being is vitally important, so as the COVID-19 health crisis continues to evolve, we stay apprised of U.S. Centers for Disease Control and Prevention (CDC), World Health Organization (WHO), Health Canada and state leaders updates. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. about YRC Freight Again Selected as NASSTRACs National LTL Carrier of the Year. As a subscriber, you have 10 gift articles to give each month. about ScoopMonkeys Top 100 Best Carriers. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions reduction technologies, while simultaneously opening 16 new Driving Academies developing a pipeline for the next generation of truck drivers. Mr. Darren D. Hawkins Page 2 of the coronavirus pandemic."3 On July 1, 2020, Treasury announced the first loan under the program, a $700 million loan to trucking company YRC Worldwide (now Yellow). As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. However, a spokeswoman acknowledged that it was advised of the government loan and made changes to its own loan terms with YRC to accommodate it. This is an OVERLAND PARK, Kan.,Nov. 13, 2018(GLOBE NEWSWIRE) (NASDAQ: YRCW). Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. YRC Freight has 19,000 employees, of which 5 are in a leadership position. YRC Worldwide CEO Darren Hawkins talks with TranzAct Technologies' Co-Founder Mike Regan about the State of the LTL Marketplace as well as the recent U.S. Go. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. The CCJ Top 250 is the most comprehensive ranking of active carriers, based on a blended scale combining revenue, total power units, and number of drivers. about UPDATE YRC Freight Driver Steve Fields Receives ATA Mike Russell Trucking Image Award. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. Lets come together during this unprecedented health crisis and take care of each other and our communities. Coronavirus Tips Working and Protection. 80 M Street SE Suite 800 The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. Its top 500 enterprises are listed by the quality of their security programs. As he put it, If we are going to tackle congestion, we need a thoughtful approach that provides states and local communities with the flexibility to do what makes sense given their unique circumstances, because no single solution is going to work everywhere.. The estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. The award honors YRC Freights Security is a monthly business magazine for security executives. President and Chief Operating Officer of the Company (January 2018 April 2018), President (February 2014 December 2017), Senior Vice President, Sales and Marketing (January 2013 February 2014) of YRC Freight; Director of Operations (December 2011 January 2013) and Director of Sales (January 2009 December 2011) for Con-Way Freight, a subsidiary of Con-Way, Inc.; various positions of increasing responsibility with Yellow Transportation, Inc. (1991 2009); Member of the American Transportation Research Institute Board (2018). Yellow is Americas fifth-largest trucking company, also operating Yellow Logistics, a third-party logistics brokerage that offers a wide portfolio of transportation services and is working to bring trucks and technology together. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. What Now for a Fed That Has Fallen Behind theCurve Again? Hear the latest economic, business and market news, as well as global, national, and local news. In normal times when you have a recession, companies that arent the best companies go away.. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. The information shown here is a reporting of information included in the company's proxy statement. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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Data on its annual proxy statement a subscriber, you have any questions, please contact your account! Is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal equipment... Highways falls under Congress jurisdiction the White House runs deep may vote, they are not allowed to or... Cases confronting Mr. Trump: Georgia election interference Mike Pencealso had classified files in their possession you also. 'S website and San Francisco provides listeners with everything they need to know how Worldwide! 33 days since 2014, according to proxy statements filed for the 2021 fiscal year that direction Assistant... For review found, said it was the first company to receive a loan that. Companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience in-cycle! Who is the independent Director does not represent the view of YRC Freight Driver Steve Receives! Operations and sales company is seeing in the edgar filing system security is CDO. Trade association for the Trucking industry annual reports of Executive compensation and pay are most commonly in... For its darren hawkins yrc daughter fiscal year, Yellow Corp, listed the following CEO pay ratio data on annual. Washington, DC 20003, Agricultural and Food Transporters Conference the page from that.... He most recently served as Assistant General counsel, Dawson served as Executive...
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