He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. In normal times when you have a recession, companies that arent the best companies go away.. Get a rate for your shipment with our simple-to-use quote tool or. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. (transportation.house.gov), Transport Topics Top 100 list of the largest for-hire carriers in North America, Federal Grant to Make Golden Gate Bridge Safer From Earthquakes, Senate Transportation Leaders Applaud Water Bills Passage, Democrats, Republicans Tout Infrastructure Ahead of Midterm Elections, CVSA International Roadcheck Event Set for May 16-18 | Transport Topics, ATAs Bob Costello Presents Mixed Picture on Economy | Transport Topics, Big G Express Acquires RTR Transportation | Transport Topics, Transportation Experts Divided on FMCSAs Rejection of IRT | Transport Topics, ATAs Chris Spear Proposes Excise Tax Repeal | Transport Topics, 2023 Transport Topics | All Rights Reserved. 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. We have estimated Darren Hawkins's net worth , money, salary, income, and assets. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. Her 30-year career at Cardinal Health included numerous leadership positions with increasing responsibilities on the tech side. The headquarters of YRC Worldwide in Overland Park, Kan. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. 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. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. There are no executives at Yellow getting paid more. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. Read more GI Jobs Magazine Military Friendly Employers The government lifeline to YRC was a boon to Apollo, which might have been faced with liquidating its decaying trucking assets if the company was forced to close. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For months, the money went untouched, in part because the loans come with strict terms and requirements and corporations must be willing to hand over equity stakes in their companies to the federal government. All rights reserved. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Executive Summary. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. . Darren D Hawkins is Chief Executive Officer at YRC Worldwide Inc. See Darren D Hawkins's compensation, career history, education, & memberships. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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.. 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. 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.. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. All participants will be in a. YRCs relationship with the government has not always been cozy. 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. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. He has worked the past 22 years at Yellow Corporation, which has the largest, most comprehensive network in North America with local, regional, national and international capabilities and across its successful brands: Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. 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. He brings to the role expertise in operational finance and strategy. The proposal was not picked up by the Republican-led Congress at the time. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Its top 500 enterprises are listed by the quality of their security programs. 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). 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. Clearly, from a highway users perspective, the waste that goes into collecting a toll is simply unacceptable when far more efficient alternatives are available, he added, noting ATA supports the federal adoption of a fee on hybrid and electric vehicles to make up for their minimal contribution to fuel taxes. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 2023 Yellow Corporation. YRC Worldwide. YRC Worldwide, based in Overland Park, Kan., ranks No. He is from . Anyone can read what you share. In announcing the decision on July 1, Mr. Mnuchin said, This loan will enable a critical vendor to the Department of Defense to maintain significant employment while providing appropriate compensation to taxpayers and estimated that 30,000 trucking jobs would be saved. House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Ore.), expected to unveil a response to the Senate bill, seemed to share stakeholders frustration at the start of the hearing. The award honors YRC Freights Security is a monthly business magazine for security executives. The inquiry , The special counsel is also investigating Mr. Trumps. Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. We will continue to monitor the COVID-19 situation closely and adjust accordingly. 80 M Street SE Suite 800 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. President Donald Trump and House Democrats abandoned discussions on infrastructure policy in May, with the president focusing instead on foreign policy and immigration in the lead-up to his re-election bid. He has worked as Front Desk Agent at Holiday Inn Express & Suites, Central Dispatch Operator Trainee at YRC Freight, and Order Fulfillment at Challenger Teamwear. The YRC loan appears to be an exception. Darren Hawkins Net Worth. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. We value your business and will continue doing our best to serve in this challenging climate. 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. Yellow executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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He is dedicated to adding the technology of Yellow Logistics to the combined power of Yellows network to provide significant market leverage and bring our customers new service opportunities. 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. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. 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. 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. Their crisis is not a product of Covid, Mr. Mehrotra said. You may also find the annual proxy statement by going directly to the company's website. /PRNewswire-USNewswire/ -- YRC Worldwide President and Chief Operating Officer Darren D. Hawkins has been appointed to the Board of Directors of the American. He has written many articles in this field. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. 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. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. Although it would be inconvenient for the Defense Department to terminate its contract if YRC went out of business, he said, there are plenty of capable alternatives in the shipping market. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). We rely on our journalists to be independent observers. As President and Chief Operating Officer of Yellow Corporation, Darrel Harris will focus on the Companys enterprise transformation strategy, collaborating across all areas of the business from sales and operations to human resources and network optimization. We rely on our journalists to be independent observers. No ones going to notice that. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. Darren Hawkins's income source is mostly from being a successful . A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. 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. The company Inbound Logistics recognizes YRC Freightas a 2016 Top 100 Trucker for consistently providing premium service, reliability, scalability the watchwords of supply chain professionals who need For the third time in five years, Walmarts transportation executive team named YRC Freight its National LTL Carrier of the Year. YRC Worldwide, Inc. (YRCW) Q4 2019 Earnings Conference Call February 4, 2020 5:00 PM ETCompany ParticipantsEric Birge - VP, IRDarren Hawkins - CEO & DirectorJames Pierson - CFO,. 430 First Street, SE, Suite 100 Hawkins, who became CEO of YRC in May 2018, ranked as the Business Journal 's 16th-highest-paid public company executive, with $4.43 million in total compensation in 2018. The 32-year-old took on the role of the former car salesman in 2004. 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. As Chief Executive Officer, Darren Hawkins leads YRC Worldwide Inc., a $4.9 billion transportation company and its portfolio of industry-leading less-than-truckload (LTL) companies including Holland, New Penn, Reddaway, YRC Freight, and YRC Reimer as well . The relationship between Apollo and the White House runs deep. Hear the latest economic, business and market news, as well as global, national, and local news. Absent significant upgrades and repairs to key freight and commuter corridors, congestion has worsened at major metropolitan regions, other stakeholders told lawmakers at the hearing. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. about Commercial Carrier Journals Top 250 Carriers. YRC Worldwide was named. The case, which took a dramatic turn when the F.B.I. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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. It was the first company to receive a loan from that fund. Charli Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . This helps ensure vital equipment is available for open business locations and prevents incurring additional expense if your delivery cant be made to a closed location. What Now for a Fed That Has Fallen Behind theCurve Again? The decision about whether to charge Mr. Trump will ultimately be made by the Fulton County district attorney, Fani T. Willis, who has been investigating the case for the last two years. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. Keep up with company developments or catch our latest industry, safety and customer service highlights. As a subscriber, you have 10 gift articles to give each month. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. 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. 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. Its top 500 enterprises are listed by the quality of their security programs. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. 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. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. 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. Sean Jones is a CDO Coordinator at YRC Freight and is based in Leawood, Kansas. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. 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. Classified documents. 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. 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. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. Washington, DC 20003, Agricultural and Food Transporters Conference. Darren is currently serving as Second Vice Chairman of the American Trucking Associations, the largest national trade association for the trucking industry. Moodys Investors Service cut the companys ratings and Mr. Ross, of Stifel, halted estimates of its earnings, noting the high degree of uncertainty facing the company. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. As Chief Executive Officer at Yellow Corp, Darren D. Hawkins made $2,118,469 in total compensation. 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. 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. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national YRC Freight has 19,000 employees, of which 5 are in a leadership position. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. about GI Jobs Magazine Military Friendly Employers. about YRC Freight Again Selected as NASSTRACs National LTL Carrier of the Year. President and Chief Operating Officer of the Company (January 2018 April 2018), President (February 2014 December 2017), Senior Vice President, Sales and Marketing (January 2013 February 2014) of YRC Freight; Director of Operations (December 2011 January 2013) and Director of Sales (January 2009 December 2011) for Con-Way Freight, a subsidiary of Con-Way, Inc.; various positions of increasing responsibility with Yellow Transportation, Inc. (1991 2009); Member of the American Transportation Research Institute Board (2018). 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. 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. The companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. 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 . One of the companies is still active while the remaining three are now listed as inactive. about YRC Freight Honored as Walmarts National LTL Carrier of the Year. 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. So, how much is Darren Hawkins worth at the age of 56 years old? The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. On average, Darren trades about 2,373 units every 33 days since 2014. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. There are 7 older and 2 younger executives at Yellow. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. 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. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. 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. and a Ph.D. in political science, both from . 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 inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. Overland Park KS 66211, United States. Sean attended University of Kansas between 2011 and 2015 and Shawnee Mission West High School between 2009 and 2011. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. 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President of Yellow stock sure they will be there to accept delivery Bachelor of Arts degree Rutgers! Years old executive at Yellow Corporation secure its $ 700 million CARES Act loan the critical needs of our.. Ready to meet the ever-evolving needs this medical crisis continues to present Walmarts national LTL carrier of American. Health included numerous leadership positions with increasing responsibilities on the tech side marketing and supply chain management from the of. Former President to Work for in Transportation in the market, how they uniquely the... Chief executive Officer at Yellow the case, which took a dramatic turn when the F.B.I Christian College and his... D. Hawkins made $ 2,118,469 in total compensation Ph.D. in political science, both from formerly as! Annual reports of executive compensation and pay are most commonly found in Def. Mr. Ross wrote in a note to clients in May management science State. 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