Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. Prosecutors said YRC inflated the weights of thousands of shipments, billing the government based on those false numbers in what was described as an affront to American taxpayers.. Overland Park, Kansas Search Background Check Edit Listing YRC WorldWide Inc. Business Data 10990 Roe Ave, Overland Park, KS 66211 (913) 696-6100 jessica.dingeman@yrcfreight.com www.yrcw.com AllBiz Business Profile Search Professional Contact Details 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. 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.. Last year it posted a net loss of $104 million. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. 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. We have estimated Darren Hawkins's net worth , money, salary, income, and assets. In normal times when you have a recession, companies that arent the best companies go away.. 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). Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. 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. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. It has also raised questions about whether YRC benefited from a web of connections between the company and the White House that allowed it to bypass the Trump administrations own rules for which companies should be eligible for federal help. 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. 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. Classified documents. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. Coronavirus Tips Working and Protection. (transportation.house.gov). 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. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . He has worked as Front Desk Agent at Holiday Inn Express & Suites, Central Dispatch Operator Trainee at YRC Freight, and Order Fulfillment at Challenger Teamwear. 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. As of the end of March it had $880 million in outstanding debt. 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. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. Charli For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. As a subscriber, you have 10 gift articles to give each month. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. But six weeks after the hearing, YRC received a bailout from the Treasury Department a $700 million loan in exchange for a 30 percent stake in the business. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. In a lengthy critique of tolls, Hawkins highlighted the cost often associated with collection, the potential for traffic diversion, and instances of unfair subsidization. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. He has worked the past 22 years at Yellow Corporation, which has the largest, most comprehensive network in North America with local, regional, national and international capabilities and across its successful brands: Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. None of the information on this page has been provided or approved by YRC Freight. YRC's market cap is. Darren D. Hawkins Age : 53 Public asset : 1,415,359 USD Linked companies : Yellow Corporation Summary Currently, Darren D. Hawkins holds the position of Chief Executive Officer & Director at Yellow Corp. Mr. Hawkins is also on the board of American Trucking Associations, Inc. Witnessestestifying before the House Subcommittee on Highways and Transit during the Sept. 11 hearing on "Pricing and Technology Strategies to Address Congestion on and Financing of Americas Roads." The company began shedding workers, delayed payments to health funds for its union workers and, in late April, applied to the federal government for financial assistance. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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. The 32-year-old took on the role of the former car salesman in 2004. In this interview, Darren Hawkins discusses questions such as: According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. Darren D Hawkins is Chief Executive Officer at YRC Worldwide Inc. See Darren D Hawkins's compensation, career history, education, & memberships. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. Work At YRC Freight? No former president has ever confronted the barrage of legal threats that Donald J. Trump now faces, all of which appear to be heading toward key decision pointsby the authorities in coming months. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Darren D. Hawkins. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. 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. about YRC Freight Honored as Walmarts National LTL Carrier of the Year. about ScoopMonkeys Top 100 Best Carriers. This helps ensure vital equipment is available for open business locations and prevents incurring additional expense if your delivery cant be made to a closed location. 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,. 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.. 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. YRC Freight has 19,000 employees, of which 5 are in a leadership position. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. about Neil Nogues Receives the Professional Excellence Award. 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. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. Intensifying investigations. "We look forward to having Darren serve on the ATRI Board," said McReynolds. 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. Zippia gives an in-depth look into the details of YRC Freight, including salaries, political affiliations, employee data, and more, in order to inform job seekers about YRC Freight. North to south and east to west, if youre shipping freight in North America, youre on our route. 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. The companys stock price soared 74 percent, though it has come down since. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. (transportation.house.gov), Transport Topics Top 100 list of the largest for-hire carriers in North America, Federal Grant to Make Golden Gate Bridge Safer From Earthquakes, Senate Transportation Leaders Applaud Water Bills Passage, Democrats, Republicans Tout Infrastructure Ahead of Midterm Elections, CVSA International Roadcheck Event Set for May 16-18 | Transport Topics, ATAs Bob Costello Presents Mixed Picture on Economy | Transport Topics, Big G Express Acquires RTR Transportation | Transport Topics, Transportation Experts Divided on FMCSAs Rejection of IRT | Transport Topics, ATAs Chris Spear Proposes Excise Tax Repeal | Transport Topics, 2023 Transport Topics | All Rights Reserved. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. 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. Leah K. Dawson serves as Executive Vice President and General Counsel of Yellow Corporation, a $4.9 billion transportation company and its portfolio of industry-leading less-than-truckload (LTL) companies including Holland, New Penn, Reddaway, YRC Freight and Yellow Logistics. 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. Amit Mehrotra, a Deutsche Bank analyst, said that YRCs fleet was twice as old as the industry average and that many of its competitors had been thriving despite the economic upheaval, suggesting that the pandemic merely accelerated the companys demise. Darren Hawkins's income source is mostly from being a successful . Their crisis is borne of years and of under investment in their assets.. 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,. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. Harris has more than 25 years of extensive LTL industry experience. The company has said the loan will be used to pay pension and health care costs and to invest in trailers and trucks. Chief Executive Officer 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. YRC Freight has 19,000 employees, of which 5 are in a leadership position. YRC Worldwide, based in Overland Park, Kan., ranks No. and a Ph.D. in political science, both from . about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. Over the past two decades, Olivier has advanced through various accounting and finance roles at Yellow Corporation, most recently having served as Vice President of Financial Planning & Analysis for Yellow Corporation, and prior to that, Vice President, Finance for Holland. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. 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. This information is according to proxy statements filed for the 2021 fiscal year. The CEO of YRC Freight is Darren Hawkins. He is from . Recently, prosecutors under the current district attorney. He has written many articles in this field. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. We value your business and will continue doing our best to serve in this challenging climate. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. about YRC Worldwide Recognizes Environmental Excellence. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause. 2023 Yellow Corporation. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. We will continue to monitor the COVID-19 situation closely and adjust accordingly. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. 430 First Street, SE, Suite 100 This is an OVERLAND PARK, Kan.,Nov. 13, 2018(GLOBE NEWSWIRE) (NASDAQ: YRCW). 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. Darren Hawkins, CEO Share Posted: March 27, 2020 Category: YRC News Security 500 - 1st in Logistics Industry Security is a monthly business magazine for security executives. 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. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. Darren Hawkins Net Worth. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. Lets come together during this unprecedented health crisis and take care of each other and our communities. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. When you drove to work today you drove by the gas station it probably went up a nickel or down a nickel on the digital sign. about YRC Freight Professional City Driver Russell James Named to Americas Road Team. 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. Share Your Experience Name & Title Bio D Darren Hawkins CEO / President A A.j. about Security 500 1st in Logistics Industry. She holds an MBA from Ashland University. Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. ATA Headquarters Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. 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. Darren D. Hawkins Chief Executive Officer. 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. 80 M Street SE Suite 800 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. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. It sends a chilling message to the American people that the Trump administration has no problem throwing nearly a billion dollars to wealthy, well-connected companies like YRC, while they refuse to provide adequate assistance for the unemployed or protect workers as the pandemic worsens, said Kyle Herrig, the president of Accountable.US. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. The estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. YRC Worldwide & LTL Market Updates As a vital part of the LTL industry, YRC was recently sustained by a major U.S. government loan package. Darren D Hawkins CEO at Yellow Corporation Nashville, Tennessee, United States 3K followers 500+ connections Join to view profile Yellow The University of Memphis About Experienced CEO and. The company lost over $100 million in 2019. . House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Ore.), expected to unveil a response to the Senate bill, seemed to share stakeholders frustration at the start of the hearing. 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 asked Treasury Secretary Steven Mnuchin to help YRC. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. The headquarters of YRC Worldwide in Overland Park, Kan. Overturning the election. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. 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 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. 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. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. Who is Darren Hawkins? Darren is currently serving as Second Vice Chairman of the American Trucking Associations, the largest national trade association for the trucking industry. 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. 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). To be eligible, most companies are supposed to have government contracts that involve emergency preparedness functions or top-secret facilities. Real-time shipment status for your delivered and undelivered shipments. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Each year, the magazines editors conduct a qualitative assessment of service YRC Freight is proud to announce that Neil Nogues, professional driver from New Hampshire, received the Neill Darmstadter Professional Excellence Award at the 2018 National Truck YRC Freight has been named for the fourth time as the National Shippers Strategic Transportation Councils (NASSTRAC) National LTL Carrier of the Year. 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. Have a shipment ready for pick up? 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. For months, the money went untouched, in part because the loans come with strict terms and requirements and corporations must be willing to hand over equity stakes in their companies to the federal government. Around here were paralyzed. President Donald Trump and House Democrats abandoned discussions on infrastructure policy in May, with the president focusing instead on foreign policy and immigration in the lead-up to his re-election bid. Read more GI Jobs Magazine Military Friendly Employers Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. The inquiry , The special counsel is also investigating Mr. Trumps. 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. , our key focus remains on the ATRI Board, & quot we... 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A A.j is an Overland Park, Kan., ranks No of Apollo lent YRC $ million. The future the Treasury Department submits all applications that do not meet those to!, Hawkins brings extensive expertise in both sales and marketing strategies Apollo lent $..., though it has come down since moved closer than everto indicting the President. Currently serving as Second vice Chairman of the Top 100 military-friendly employers for 2015 approaches. Responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers named by Women in as. And well serve the industry, and their plans for the future who is the Independent Director most...