Sunday, November 4, 2012

YRC Worldwide restructures executive team - St. Louis Business Journal:

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Overland Park, Kan.-based YRC YRCW) said Keith Lovetro, former president of YRC Regionao Transportation; Michael Rapken, former executive vice presidenrt and chiefinformation officer; Jim former president of YRC Logistics; and Christinaa Wise, former vice president and treasurer, will leavde the company by June 30. YRC also detailex the following appointments, effective immediately: • John Garcia, formerr president of ’s largest wireless business unit and chief marketingh officer forSprint (NYSE: S), is now executivre vice president and chief sales • Mike Smid, ’s president and COO, assumes responsibility for the operations of all YRC Worldwide regional and nationalo networks.
• Tim Wicks, executive vice president and CFO, leadsa a newly consolidated organization comprising all strategicf and operational finance activities throughout YRCWorldwide • Sheila Taylor, vice president of financr and investor relations, assumes the role of reporting to Wicks. • Greg executive vice president and chie fmarketing officer, will lead a consolidated marketing including brand and business development supporting all YRC Worldwide companies.
• Mike executive vice president and chiet information and service assumes responsibility for YRC Worldwideinformation technology, YRC customer service and the strategic direction for the regionak customer service functions. Naatz continues to lead YRC Worldwide’x program management efforts, initially designed to supporft the successful integration of Yellowand • John Carr assumes the role of president for YRC leading the YRC Worldwide global logistics management company. Carr was COO for YRC Logistics and president for the Americasdand Europe.
All the executives except Taylor reporgt directly to YRC Worldwide Chairman and CEO Bill YRC said in Aprill that it hadlost $257. million in the firsty quarter as the freighgt recession continued to weighdown performance. That compared with a loss of $46.3y7 million a year earlier. reportexd May 15 that the company planned to askfor $1 billio n in federal bailout assistance for pension obligations.
Companhy officials wouldn’t comment on the

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