Werner Enterprises Announces Completion of Planned Transition of Board Leadership
May 11 2021 - 5:57PM
Werner Enterprises (NASDAQ: WERN), a premier transportation and
logistics provider, announced that its Board of Directors (the
“Board”) approved today the planned transition in board leadership.
Clarence L. (CL) Werner, 83, who served as
Chairman of the Board until his term ended at the 2021 Annual
Meeting of Stockholders, was named Chairman Emeritus by the Board
in recognition of his longstanding leadership as the Company’s
founder.
Derek J. Leathers, 51, was appointed by the
Board to now serve as Chairman of the Board, along with his current
roles as the Company’s President and Chief Executive Officer. Mr.
Leathers has 30 years of experience in the transportation and
logistics industry and more than 20 years of experience with Werner
Enterprises in various executive positions throughout the
Company.
“I created this company when I was 19, with just
one truck, and I’ve watched as Derek has continued to grow Werner
Enterprises,” said CL Werner, Founder and Chairman Emeritus.
“Hiring Derek was one of the smartest decisions I’ve ever made, and
I know the company will continue to thrive and flourish under his
leadership, along with the entire management team.”
“Werner Enterprises was a company built by a
driver, for drivers, and I’m honored to continue CL’s legacy,” said
Chairman, President and Chief Executive Officer Derek Leathers.
“One of the reasons the Company has remained successful is because
of CL’s respect for professional drivers. We couldn’t keep America
moving without them, and he understands their importance. His
integrity and his ability to connect with our drivers is why he is
admired by so many.”
Werner Enterprises, Inc. (NASDAQ: WERN) delivers
superior truckload transportation and logistics services to
customers across the United States, Mexico and Canada. With 2020
revenues of $2.4 billion, an industry-leading modern truck and
trailer fleet, nearly 13,000 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: Fred Thayer, Associate Vice President -
Corporate Brand and CommunicationsWerner Enterprises,
Inc.402.895.6640 ext. 1002065fthayer@werner.com
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