Werner Enterprises announces CFO Retirement and Succession Plan
August 03 2022 - 4:15PM
Werner Enterprises (Nasdaq: WERN), one of the nation’s largest
transportation and logistics companies, announced today that John
J. Steele, Executive Vice President, Treasurer and Chief Financial
Officer, has decided to retire after 33 years at the Company,
including the last 25 years as Chief Financial Officer. Mr. Steele
will remain with the Company through the transition of his
responsibilities to his successor.
“On behalf of all of us at Werner, I want to
thank John for his leadership and dedication over his career. John
is a key member of our executive management team and has been an
integral part of shaping Werner into one of the leading truckload
transportation and logistics companies that it is today,” said
Derek J. Leathers, Chairman, President and Chief Executive Officer.
“I am beyond grateful to John for all of the contributions he has
made to and on behalf of Werner Enterprises, as we worked to
transform the company together. John has been a true partner in
enabling strong financial performance. The Werner team wishes John
a prosperous future as he moves into the next phase of his life. We
also sincerely appreciate John’s full support of the transition to
his successor.”
“It has been a tremendous honor and privilege to
be part of the Werner team,” stated John J. Steele. “I am sincerely
thankful to have had the opportunity to work with the best and
brightest associates in transportation over my career. Werner is
extremely well-positioned for the next phase of our growth and
success, guided by a clear strategy, outstanding leadership and a
superior team. I am committed to ensuring a smooth and successful
transition of our finance leadership. Thank you to CL, Derek, our
board of directors, our leadership team and everyone at Werner who
I have had the opportunity to work with over the years – I’ve
enjoyed a rewarding and fulfilling career,” concluded Mr.
Steele.
The Company has launched a formal search for its
next Chief Financial Officer. Mr. Steele will remain Executive Vice
President, Treasurer and Chief Financial Officer during the search
and has committed to stay on to ensure that a smooth and seamless
transition of responsibilities takes place.
About Werner Enterprises Werner
Enterprises, Inc. (Nasdaq: WERN) delivers superior truckload
transportation and logistics services to customers across the
United States, Mexico and Canada. With 2021 revenues of $2.7
billion, an industry-leading modern truck and trailer fleet, over
14,000 talented associates and our innovative Werner EDGE
technology, we are an essential solutions provider for customers
who value the integrity of their supply chain and require safe and
exceptional on-time service. Werner provides Dedicated and One-Way
Truckload services as well as Logistics services that include
truckload brokerage, freight management, intermodal and final mile.
As an industry leader, Werner is deeply committed to promoting
sustainability and supporting diversity, equity and inclusion.
Contact: |
John J. Steele |
|
Executive Vice President, Treasurer and Chief Financial
Officer |
|
(402) 894-3036 |
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