Logistics Clarence L. Werner serves as Chairman of the Board of the Company. The statue, funded by Buffett, is the first of Gibson in his hometown and . Werner founded Werner Enterprises in 1956 with a single truck purchased with proceeds from the sale of a family car. But the Werner family showed an indomitable spirit and battled the crises. Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Leathers noted he has done a lot to give back to the community. At that time, the company expects he will become Chairman Emeritus. googletag.cmd.push(function() { Hes a thoughtful leader. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. As our founder, Mr. Werner has been actively involved in the Companys business and operations since its inception over 60 years ago. WERNER ENTERPRISES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Gloria Werner's hard work a big part of trucking company's success. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Federal government websites often end in .gov or .mil. The complaint 1 alleges that Mr. Werner first violated the reporting requirements of the HSR Act in May 2007, when he exercised options to acquire WEI stock that resulted in his combined holdings exceeding the . googletag.pubads().collapseEmptyDivs(); Clarence has made over 16 trades of the Werner Enterprises stock since 2004, according to the Form 4 filled with the SEC. View the full 2020 CSR report here. On average, Clarence trades about 373,335 units every 132 days since 2004. Equipment Sales, About Werner Get up-to-the-minute news sent straight to your device. Official websites use .gov is one of the five largest truck carriers in . Gloria Werner died Tuesday after a 17-month battle with lung cancer. Alternatively, copies of the prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Transportation and logistics provider Werner Enterprises' ( NASDAQ: WERN) announced in an after market close press release on June 2 that founder and executive chairman of the board Clarence L "CL" Werner stepped down from the executive chair seat on May 31. Mr. Werner is the father of Gregory L. Werner. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement, and other documents Werner Enterprises, Inc. has filed with the SEC for more complete information about Werner Enterprises, Inc. and the offering. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Hes very philanthropic, Leathers said. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. www.fleetowner.com is using a security service for protection against online attacks. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. The service requires full JavaScript support in order to view this website. Right on point. Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. Type a symbol or company name. Werner Enterprises 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. Clarence L. Werner Chairman-Emeritus J Jack A. Holmes Board Member K Kenneth M. Bird Board Member Alexi A. Wellman Board Member C Carmen A. Tapio Board Member S Scott C. Arves Board Member V Vikram Mansharamani Board Member D Diane K. Duren Board Member G Gerald H. Timmerman Board Member Show more Werner Enterprises Leadership Demographics Today the carrier has more than 7,800 tractors in service, generating nearly $2.5 billion in revenue during 2019. window.googletag = window.googletag || {cmd: []}; Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Federal Trade Commission announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that . You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Civil Action No. So how are third-party logistics providers adapting to meet these challenges? I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. In connection with CL Werners transition, the Company also announced today an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which Mr. Werner is the grantor and sole trustee, subject to market conditions and other factors. This United States transportation corporation or company article is a stub. She worked. Thats likely attributable to C.L. . Werner will remain as chairman through his current term, which expires in May 2021. Please enable JavaScript on your browser and try again. Leathers C.L. Both carriers and customers consistently recognize Werner for our commitment to excellence in all that we do. Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. [4], Werner's fleet consists of approximately 10,000 tractors, 26,000 trailers and employs 13,500 employees and independent contractors. Actual results could differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werners Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020. Morgan Stanley is acting as the sole underwriter of the offering. General Freight Trucking, Long-Distance, Truckload, United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment, Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act, United States Explanation of Procedures Under the Antitrust Procedures and Penalties Act, Report Anticompetitive Conduct After a Natural Disaster. OMAHA, Neb. Werner was born Oct. 27, 1934, on her familys farm in Petersburg, Nebraska. MarketScreener: Created by Investors for Investors! St. Paul, MN 55164-0854 to better communicate our successes and to help us identify new areas of focus for further improvement. 1975 Clarence L Werner is the face behind Werner Enterprises. Leathers on May 31 was named a member and vice chairman of the board by the board of directors, and C.L. In 1977 the company moved to Omaha, where Gloria Werner lived out the rest of her life. Investors [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. Final Judgment (April 20, 2022) United States' Unopposed Motion and Memorandum in Support of Entry of Final Judgment (April 20, 2022) Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act (December 22, 2021) Stipulation and Order . In addition, he makes $1,787,390 as Chairman of the Board at Werner Enterprises. The company is not selling any shares in the offering and will not receive proceeds from the sale of Werners shares. Blog, Freight Quote Werner Leathers In connection with this transition, the company announced an underwritten public offering of 12.8 million shares of its common stock by the Clarence L. Werner Revocable Trust. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. Hes maintained his CDL, Leathers noted. In addition, the Clarence L. Werner . Everyone today likes to focus on the highlights of these highly successful people and wants to rewrite history as if its an overnight success story, Leathers said. C.L. At Werner Enterprises, Inc., we promise to treat your data with respect and will not share your information with any third party. OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. The oldest executive at Werner Enterprises, Inc. is Clarence L. Werner, 83, who is the Founder & Chairman Emeritus. Werner will remain as chairman through his current term, which expires in May 2021. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling shareholder. You can sign up for additional alert options at any time. Clarence L. Werner,48, Barber, Dies Werner of 104 Washington Ave, Ephrata, died, in the Ephrata Community Hospital Tuesday morning after a lengthy illness. Over the last 20 years, insiders at Werner Enterprises have traded over $643,911,989 worth of Werner Enterprises stock and bought 447,247 units worth $8,918,421 Photo: Werner Enterprises Nebraska-based Werner Enterprises. It was also very important to him that Werner made that transition while he was still able to help guide that transition.. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. On this week's episode of Idea Generation, renowned record producer Just Blaze explains how he built one of the most impressive resumes in music, taking us on a journey from his early days as a. Listen to today's daily briefing: Subscribe: Apple Podcasts | Spotify | Amazon Alexa | Google Assistant | More, 80 M Street SE, Suite 800, Washington, D.C., 20003, Werner Acquires Truckload Carrier Baylor Trucking, Werner Partners With Aurora to Haul Freight Autonomously in Texas, FedEx Freight Plans Closure of 29 Locations | Transport Topics, California OKs Advanced Clean Fleets Regulation | Transport Topics, 3PLs Gain Market Share but Face Rising Fraud, TIA Leaders Say | Transport Topics, Toyota Class 8 Hydrogen Powertrain Approved in California | Transport Topics, 2023 Top 100 Logistics List Highlights Growth for 3PLs | Transport Topics, 2023 Transport Topics | All Rights Reserved. International services are provided through Werner's domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Based in Richmond, VA, Todd is the finance editor at FreightWaves. You will be redirected once the validation is complete. C.L. Want more news? There are 1 older and 21 younger executives at Werner Enterprises. CLARENCE L. WERNER . 16(b)-(h), that a proposed Final Judgment, Stipulation, and Competitive Impact Statement have been filed with the United States District Court for the District of The most recent stock trade was executed by Carmen A Tapio on 11 August 2022, trading 1,170 units of WERN stock currently worth $49,374. Civil Action No. He served as our Chief Executive Officer ("CEO") from 1984 until February 2007, and he was Chairman from 1984 until May 2011. WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The largest trade he's ever made was selling 14,130,523 units of Werner Enterprises stock on 8 June 2020 worth over $579,351,443. CL Werner started hauling cargo for other companies, building the company one truck at a time, hauling in regional areas. Learn how and when to remove this template message, "Werner CEO Looks Back at Founder's Legacy", "Werner Enterprises, Inc, Form 10-K, Annual Report", "Werner Enterprises Reports Fourth Quarter and Annual 2021 Results", https://en.wikipedia.org/w/index.php?title=Werner_Enterprises&oldid=1144949503, This page was last edited on 16 March 2023, at 13:03. Alternatively, copies of the prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com. Shareowner Services Please enable cookies on your browser and try again. Site Map On average, Werner Enterprises executives and independent directors trade stock every 34 days with the average trade being worth of $4,532,231. Over the years, Werner Enterprises was steadily growing and is having now (2011) 7'300 Trucks (Tractors), 25'000 Trailers and 13'000 employees, Werner Ent. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement, and other documents Werner Enterprises, Inc. has filed with the SEC for more complete information about Werner Enterprises, Inc. and the offering. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Werner offers a modern, premium fleet and a comprehensive preventative maintenance program, resulting in clean, professional-looking equipment, maximum cargo capacity and minimal equipment downtime. Werner Enterprises stated that it had 2021 revenues of $2.7 billion and over 13,500 employees and contractors. Details can be seen in Clarence L Werner's Latest Holdings Summary section. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling shareholder. Before sharing sensitive information, make sure youre on a federal government site. By 1999, Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Most recently he sold 14,130,523 units of WERN stock worth $579,351,443 on 8 June 2020. In connection with CL Werner's transition, the Company also announced today an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust,. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents.
What Happened To Living Proof Prime Style Extender,
Articles C