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. 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. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. To be eligible, most companies are supposed to have government contracts that involve emergency preparedness functions or top-secret facilities. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. 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. 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. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. Traffic congestion resulted in an annual cost to the trucking industry of $74.5 billion in 2016, according to a study by the American Transportation Research Institute . Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Harris began his career as a dock worker for a prominent LTL carrier, where he then spent nearly two decades holding various leadership roles of ever-increasing responsibilities in both operations and sales. YRC has financial backing from Apollo Global Management, a private equity firm with close ties to Trump administration officials. To government watchdog groups that have been tracking the Trump administrations economic relief effort, the real question is whether a company such as YRC should live on. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. Their crisis is not a product of Covid, Mr. Mehrotra said. 80 M Street SE, Suite 800, Washington, D.C., 20003, YRC President Darren Hawkins testifies before House panel Sept. 11. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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.. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. We will continue to monitor the COVID-19 situation closely and adjust accordingly. 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. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. We have implemented official health and safety guidelines and protocols across our locations and are encouraging everyone to be diligent about handwashing, disinfecting and cleaning work areas and remaining at home with illness or COVID-19 symptoms. The 32-year-old took on the role of the former car salesman in 2004. 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. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. 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 largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. It was the first company to receive a loan from that fund. A Defense Department spokesman referred questions to the Treasury Department when asked why YRC was critical to the countrys security. 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,. WASHINGTON At a virtual congressional hearing in May, Senator Jerry Moran, Republican of Kansas, asked Treasury Secretary Steven Mnuchin for help. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. Hawkins received his bachelor's degree from the University of Utah.He has an M.A. 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. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. In normal times when you have a recession, companies that arent the best companies go away.. This information is according to proxy statements filed for the 2021 fiscal year. As Chief Executive Officer, Darren Hawkins leads YRC Worldwide Inc., 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 YRC Reimer as well . 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. Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. One of the companies is still active while the remaining three are now listed as inactive. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. about YRC Freight Honored as Walmarts National LTL Carrier of the Year. 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. (transportation.house.gov). On average, Darren trades about 2,373 units every 33 days since 2014. The companys stock price soared 74 percent, though it has come down since. He brings to the role expertise in operational finance and strategy. 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. 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. 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. 430 First Street, SE, Suite 100 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. 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 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. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national 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). With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. YRC Worldwide, based in Overland Park, Kan., ranks No. 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. Anyone can read what you share. Get a rate for your shipment with our simple-to-use quote tool or. 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. 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. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. [Stay on top of transportation news: Get TTNews in your inbox.]. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. Although it would be inconvenient for the Defense Department to terminate its contract if YRC went out of business, he said, there are plenty of capable alternatives in the shipping market. She holds an MBA from Ashland University. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. How Times reporters cover politics. 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. In this interview, Darren Hawkins discusses questions such as: Have a shipment ready for pick up? As a subscriber, you have 10 gift articles to give each month. His net worth has been growing significantly in 2021-2022. about ScoopMonkeys Top 100 Best Carriers. about Neil Nogues Receives the Professional Excellence Award. YRCs loan came from a discrete $17 billion pot of money set up by Congress and controlled by Mr. Mnuchin to help companies that were designated as critical to national security. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. 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. YRC Worldwide Inc. (YRCW) Q4 2020 Earnings Conference Call Feb 04, 2021, 05:00 PM ET Company Participants Tony Carreo - VP, IR Darren Hawkins - CEO Dan Olivier - Interim CFO TJ O'Connor -. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. Yellow executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. about Bobby Elrod Reaches Safety Achievement of 5-Million Accident-Free Miles. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. You may also find the annual proxy statement by going directly to the company's website. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. 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. During her tenure, she has advised on and overseen vital aspects of Yellow Corporations legal strategy in areas such as corporate, securities, finance, governance, executive compensation, employee benefits, tax and real estate and has been an integral part of many pivotal company transactions. about YRC Freight Professional City Driver Russell James Named to Americas Road Team. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. 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. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. We value your business and will continue doing our best to serve in this challenging climate. 2023 Yellow Corporation. 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The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . 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. 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. Darren Hawkins has been associated with four companies, according to public records. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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. Her 30-year career at Cardinal Health included numerous leadership positions with increasing responsibilities on the tech side. Executive Summary. The case, which took a dramatic turn when the F.B.I. The headquarters of YRC Worldwide in Overland Park, Kan. 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. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . 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 oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. 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. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. As of the end of March it had $880 million in outstanding debt. 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. 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