OMAHA, Neb.--(BUSINESS WIRE)--
Werner Enterprises, Inc. (NASDAQ:WERN) announced the following
management changes after its Board of Directors meeting on August 27,
2015.
As Werner Enterprises continues to develop its talented management team,
Greg Werner has decided this is the perfect time to retire as Chief
Executive Officer. Accordingly, the Board of Directors elected founder
and Chairman C.L. Werner as Chief Executive Officer. Going forward, C.L.
plans to groom existing President and Chief Operating Officer, Derek
Leathers, for an even larger role in the company.
While Greg Werner will be transitioning out of the day to day
responsibilities that come with the role of CEO, he will remain on the
Board of Directors. As a Board member and significant shareholder, Greg
will continue to provide his expertise for the Company’s expected future
growth. Greg started in the business by assisting with mechanical work
in the shop as a teenager. Over the next 40 years he moved up through a
variety of positions, from dispatcher, VP of IT, President, and
ultimately to CEO. Greg has been Werner’s Chief Executive Officer since
2007.
Werner Enterprises and its Board of Directors thank Greg for his many
years of dedicated service and look forward to his continued
contributions.
Werner Enterprises Inc. was founded in 1956 and is a premier
transportation and logistics company, with coverage throughout North
America, Asia, South America, Africa and Australia. Werner maintains its
global headquarters in Omaha, Nebraska with offices in the United
States, Canada, Mexico, China and Australia. Werner is among the five
largest truckload carriers in the United States, with a diversified
portfolio of transportation services that includes dedicated van,
temperature-controlled and flatbed; medium-to-long-haul, regional and
local van; and expedited services. Werner’s Value Added Services
portfolio includes freight management, truck brokerage, intermodal, and
international services. International services are provided through
Werner’s domestic and global subsidiary companies and include ocean, air
and ground transportation; freight forwarding; and customs brokerage.
Werner Enterprises Inc.’s common stock trades on the NASDAQ Global
Select MarketSM under the symbol “WERN”. For further
information about Werner, visit the company’s website at www.werner.com.
This press release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, as amended. Such forward-looking
statements are based on information presently available to the Company’s
management and are current only as of the date made. Actual results
could also differ materially from those anticipated as a result of a
number of factors, including, but not limited to, those discussed in the
Company’s Annual Report on Form 10-K for the year ended December 31,
2014. For those reasons, undue reliance should not be placed on any
forward-looking statement. The Company assumes no duty or obligation to
update or revise any forward-looking statement, although it may do so
from time to time as management believes is warranted or as may be
required by applicable securities law. Any such updates or revisions may
be made by filing reports with the U.S. Securities and Exchange
Commission, through the issuance of press releases or by other methods
of public disclosure.
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Source: Werner Enterprises, Inc.