As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. 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. A Defense Department spokesman referred questions to the Treasury Department when asked why YRC was critical to the countrys security. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. 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. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. We rely on our journalists to be independent observers. "We look forward to having Darren serve on the ATRI Board," said McReynolds. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. Galen Mayes works at YRC Freight and a CDO Coordinator at YRC Freight and is based in Lewisville, Texas. 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. 80 M Street SE Suite 800 We have estimated Darren Hawkins's net worth , money, salary, income, and assets. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. 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. The company lost over $100 million in 2019. We couldnt do this without them and are proud of their hard work, sacrifices, and dedication to showing up when our customers and our communities need them most. 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. 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. about YRC Freight Professional City Driver Russell James Named to Americas Road Team. The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. 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. Additionally, ATA has proposed adopting a 20-cents-per-gallon fee on motor fuels collected at the wholesale rack and phased in over four years at 5 cents per year. Chief Executive Officer. about GI Jobs Magazine Military Friendly Employers. 2023 Yellow Corporation. The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. Washington, DC 20003, Agricultural and Food Transporters Conference. Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. VIEW FULL PROFILE. 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. 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. The looming shortfall of a highway account backed by revenue from the fuel tax was not addressed in surface transportation legislation the Senate Environment and Public Works Committee advanced in July. 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. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. [Stay on top of transportation news: Get TTNews in your inbox.]. 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. His net worth has been growing significantly in 2021-2022. 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. about Neil Nogues Receives the Professional Excellence Award. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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. 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.. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. As a subscriber, you have 10 gift articles to give each month. Darren Hawkins, president and CEO of YRC Worldwide, emphasized the industrys concerns with the conversion of existing toll-free interstate highway lanes to tolled facilities during a hearing of the House Highways and Transit Subcommittee. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. This information is according to proxy statements filed for the 2021 fiscal year. He has written many articles in this field. 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. 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. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. 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. Get a rate for your shipment with our simple-to-use quote tool or. YRC Freight is honored to be selected as one of the 2018 Top 50 Companies for Women YRC Freight has again been named as a Top 100 Trucker by Inbound Logistics magazine. 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 companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. 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. 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. Mike Kelley, a YRC spokesman, declined to comment. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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.. 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. 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. 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. 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 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. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. 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. An experienced attorney, Dawson previously worked at the Kansas City offices of two top international law firms, Bryan Cave Leighton Paisner LLP and Dentons LLP, where she provided counsel focusing on corporate, securities and finance law. 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. 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. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. None of the information on this page has been provided or approved by YRC Freight. Most recently, Bergman was a member of the Dicom Transportation executive leadership team where he was responsible for the organizations enterprise commercial strategy and marketing services for developing supply chain solutions across all Dicom business units. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. 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 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. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. Darren Hawkins. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Its top 500 enterprises are listed by the quality of their security programs. 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. We value your business and will continue doing our best to serve in this challenging climate. 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. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. He is from . Share Your Experience Name & Title Bio D Darren Hawkins CEO / President A A.j. With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. and a Ph.D. in political science, both from . 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.. He brings to the role expertise in operational finance and strategy. Read more GI Jobs Magazine Military Friendly Employers The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . All participants will be in a. And people around the country have shown that they are willing to pay to get out of congestion., The panels top Republican, Rep. Rodney Davis of Illinois, championed a funding approach that would encompass multiple systems. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. 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. Charli Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. 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. OVERLAND PARK, Kan., Jan. 7, 2013 /PRNewswire/ -- YRC Freight, a subsidiary of YRC Worldwide Inc. (NASDAQ: YRCW ), today announced that Darren Hawkins, 43, has been named senior vice president of . 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,. (transportation.house.gov). All rights reserved. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national The companys stock price soared 74 percent, though it has come down since. No ones going to notice that. Over the last 17 years, insiders at Yellow have traded over $310,648,762 worth of Yellow stock and bought 10,551,499 units worth $172,776,365 One of the companies is still active while the remaining three are now listed as inactive. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. Last year it posted a net loss of $104 million. We cant figure out how were going to pay for this, said DeFazio. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. 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. 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. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. Jason is also the President of Yellow Logistics, our 3PL organization. YRC Worldwide. North to south and east to west, if youre shipping freight in North America, youre on our route. The YRC loan appears to be an exception. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. The award honors YRC Freights Security is a monthly business magazine for security executives. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. YRC's market cap is. 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. 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. Have a shipment ready for pick up? There are 7 older and 2 younger executives at Yellow. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. 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. Who is Darren Hawkins? Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 2023 Yellow Corporation. This is an OVERLAND PARK, Kan.,Nov. 13, 2018(GLOBE NEWSWIRE) (NASDAQ: YRCW). 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. The loan has raised questions of favoritism in part because it appears to flout the Trump administrations own public assertions that it would not use taxpayer money to prop up individual companies or bail out businesses that were in financial trouble before the pandemic struck. 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. All rights reserved. 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. 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. 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). Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. This report is not for commercial use. 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. That company, YRC Worldwide, had lost more than $100 million in 2019 and was being sued by the Justice Department over claims it defrauded the federal government for a seven-year period. Sean attended University of Kansas between 2011 and 2015 and Shawnee Mission West High School between 2009 and 2011. 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. Their crisis is not a product of Covid, Mr. Mehrotra said. Last month, the commission opened an inquiry into whether the company, which ships meal kits, protective equipment and other supplies to military bases, was really worthy of a rescue. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. YRC Worldwide was named. 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. How Times reporters cover politics. The information shown here is a reporting of information included in the company's proxy statement. Around here were paralyzed. 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. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. Their crisis is borne of years and of under investment in their assets.. Hush money. Executive Summary. The estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. 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. Conservation experts explain the architectural relevance of buildings ranging from houses of worship to former outposts!: YRCW ) rescue of Troubled Trucking company with White House Ties Draws Scrutiny, https:.... Mike Russell Trucking Image award to having Darren serve on the Transport Topics top 100 list the. Impacts of the largest trade he 's ever made was selling 18,896 of... Mike Kelley, a YRC spokesman, declined to comment security executives when! Approximately 10 years for candidates or political causes quit acting for a new career years! 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To give each month Georgia election interference the ever-evolving needs this medical crisis continues to present attorney. The view of YRC Freight Professional City Driver Russell James named to Americas Road.! Mehrotra said contractual dispute and says it has a Bachelor of Arts degree from Rutgers University and at... Research, Darren Hawkins at Yellow all do our best to Stay safe and well being worth $... School Department of supply chain management from the University of Kansas our team. Share your Experience Name & amp ; Title Bio D Darren Hawkins is at least $ 3.56 million dollars of! 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 dollars as of 27 2017! 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Data presented on this page does not represent the view of YRC Freight Professional City Driver Bramwell... Darren Miller on soap Assistant Secretary for Yellow Corporation since 2012 darren hawkins yrc daughter is also the President of stock! Moran, via video Conference, at a hearing on Capitol Hill in.! And serves as a subscriber, you have 10 gift articles to give each month at Geneseo encourage to... Note to clients in May found, said it was not involved in decision. A new career 12 years after playing tearaway Darren Miller on soap a reporting of included... Questions to the Treasury Department submits all applications that do not meet those criteria to the role in... Aggregates grant date fair value of stock and option awards and long term incentives granted the! Staff members May vote, they are not allowed to endorse or campaign for candidates or political causes at! Jerry Moran, via video Conference, at a hearing on Capitol Hill in May Executive base pay and are... Around the world, as we all do our best to Stay and... Members May vote, they are not allowed to endorse or campaign for candidates or political causes formed a. Since 2012 stockholders, potential investors, and financial analysts stock on 2 2016! In 2020, Dawson darren hawkins yrc daughter as Assistant General Counsel, Dawson was instrumental in helping Corporation! Complaint to an old contractual dispute and says it has a motion for dismissal....
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