Resources 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,. Please enable cookies on your browser and try again. The company offers a diversified portfolio of transportation and logistics services to companies around the globe, including: In addition, Werner offers an alliance carrier network of more than 26,000 carriers and ocean, air and rail providers. Werner's founder, Clarence L. Werner, has stepped down, opening the door for current CEO Derek Leathers to fully take the reins. Elogs weren t made for ppl like me who drives legal 100% of the time,but I am a casualty,all bc of this man and his outlaw company. Phone: 1-800-468-9716. His wife, Helen Mellinger Werner survives. If you experience any issues with this process, please contact us for further assistance. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Final Mile The Federal Trade Commission (FTC) announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. (CCJ Top 250, No. Werner has also stayed focused on ensuring the companys long-term success once he steps down. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. Werner Enterprises has a strong foundation of driving greater sustainability throughout our over 65-year history. 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. }); Leathers joined the company in 1999 and was tapped to lead the carrier in 2016. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Mr. Werner has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer and President, when Mr. Werners term ends. Get up-to-the-minute news sent straight to your device. St. Paul, MN 55164-0854 She packed the boys up with some unfolded laundry and sat in a customers lobby until she could see somebody about getting her check, her daughter Gail Werner-Robertson recalled. Box 64854 Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 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. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. View the full 2020 CSR report here. Despite the companys growth over the years, C.L. C.L. 100-2065fthayer@werner.com, Werner Investor Relations Leathers added C.L. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Submit a Public Notice for Omaha World-Herald, By Paige Yowell / World-Herald staff writer, Leslie Arnold mystery solved: Man who died in Australia was enigmatic Nebraska fugitive, McKewon: Casey Thompson's departure, Nebraska's quarterback depth and coup of landing Jeff Sims, A new megadonor family is silently changing Nebraska political races, Built in the shape of a football with a soaring roof, 'Flying Nun' house is Bellevue icon, Six-week abortion ban dies in Nebraska Legislature, Nebraska Athletics parts ways with two veteran administrators, Nebraska quarterback Casey Thompson enters transfer portal, McKewon: Wisconsin's risky reset, Nebraska NFL draft takes and a fullback to watch, Dining Notes: New barbecue restaurant opens in Bellevue, Nebraska volleyball match at Memorial Stadium sells out in three days, Shatel: Casey Thompson is taking college athletics' merry-go-round the transfer portal, Creighton's Ryan Kalkbrenner enters NBA draft, Pospisil: Three new golf course gems made ranking Nebraska's best even tougher in 2023, With Jordan Larson on hand, Italy is perfect location for Elkhorn couple's wedding, Nebraska's point guard search continues as Hunter Sallis commits to Wake Forest, First Republic Bank to Be Sold to JPMorgan, Stock Market Today: Wall Street Rises to Cap a Winning April, Powerful New Obesity Drug Poised to Upend Weight Loss Care, Analyst Breaks Down Thursday's Market as Stocks Climb Amid Strong Tech Earnings. I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. In 2012 he was presented with the Horatio Alger Award, which recognizes business and community service efforts. In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. Werners retirement, but also beyond the tenures of the current management team, himself included. 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 certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino Act. Founded by Clarence L. Werner in 1956, it is a publicly traded company led by the Werner family, which retains 40 percent ownership. Excellence resale value for driver-preferred well-maintained trucks. The Clarence L. Werner Revocable Trust is also expected to grant the underwriter of the offering a 30-day option to purchase up to an additional 1,284,593 shares of common stock. She was 79. As the Chairman of the Board of Werner Enterprises, the total compensation of Clarence Werner at Werner Enterprises is $1,787,390. He is expected to be named chairman emeritus once his term is over. Secure .gov websites use HTTPS Share sensitive information only on official, secure websites. }); 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. He has been a Company director since that time and also served as President until 1984. He is the face of tiranny and evil,as far as I am concerned. Clarence Werner is 82, he's been the Chairman of the Board of Werner Enterprises since 2020. Maintaining a new fleet with an average tractor age of 2 years results in: At Werner, we support and encourage the diverse voices and perspectives of our associates, our customers, and our suppliers. 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. 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. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Want more news? Right on point. Civil Action No. Clarence L. Werner, c/o Werner Enterprises, Inc., 14507 Frontier Road, Omaha, NE 68138 , Defendant. Site Map She was very interested in her local community and what was going on and how she could be a good citizen.. Smaller transactions may also be reportable under the Act due to the need to aggregate the new purchase with all current holdings. Today, the Federal Trade Commission announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino (HSR) Act. At Werner Enterprises, Inc., we promise to treat your data with respect and will not share your information with any third party. Find the resources you need to understand how consumer protection law impacts your business. 1975 Frequently asked questions from carriers like you! Logistics Same goes for the rest of the mega-$lavery companies. Werner has recommended that Leathers be named chairman once his term expires, in addition to Leathers current company leadership responsibilities. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Hear a snippet, above, and get the full program by going to RoadSigns.TTNews.com. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. 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. 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. 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. Leathers noted that includes structuring the company so that it can thrive not just beyond C.L. He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Before sharing sensitive information, make sure youre on a federal government site. Leathers noted he has done a lot to give back to the community. C.L. We commit to embracing these values as we move toward an increasingly inclusive culture where every associate feels empowered to bring their whole self to Werner. 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. 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. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. Blog, Freight Quote window.googletag = window.googletag || {cmd: []}; To find out how we are doing this, click here, 1444 Blairs Bridge Rd Lithia Springs, GA 30122 Local: (770) 739-3600 Toll Free: (800) 828-7556, 2215 Newlins Mill RoadEaston, PA 18045Toll Free: (800) 423-8296, 8701 Peterbilt Ave Dallas, TX 75241 Local: (972) 224-5353 Toll Free: (800) 433-5655, 9239 Hwy 85 Henderson, CO 80640 Local: (303) 286-0242 Toll Free: (800) 338-6177, 10251 Calabash Ave Fontana, CA 92335 Local: (909) 823-4995 Toll Free: (800) 255-2194, 13000 Gateway East Blvd Clint, TX 79836 Local: (915) 872-1279 Toll Free: (866) 262-9670, 879 Northwest Bell St.Lake City, FL 32055Local: 386-401-7124, 742 S Combee RdLakeland, FL 33801Local: (863) 666-3160, 1201 Carrier DrLaredo, TX 78045Local: (956) 717-0996, 4801 W Magnolia Phoenix, AZ85043 Local: (602) 455-3060 Toll Free: (800)-522-2668, 4395 Laybourne Rd Springfield, OH 45505 Local: (937) 325-5403 Toll Free: (800) 227-6640, 18673 Dix-ToledoBrownstown, MI 48193Local: (734) 282-3954, 14507 Frontier RdOmaha, NE 68138Local: (402) 895-6640Toll Free: (800) 228-2240, 1738 Terminal Ct.Joliet, IL 60436Local: (815) 733-4100, 2800 S Service RdWest Memphis, AR 72301Phone: 1-800-346-4861. When you look at that face,keep in mind that that is the face greatly responsible for the elogs crap,his drivers were driving like bandits,about to shut down by the D.O.T. Host Seth Clevenger chats with two 3PL executives who have had firsthand experience contending with this crisis. Werners Standard Rules Tariff The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. 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: []}; The Justice Department's Antitrust Division, at the request of the Federal Trade Commission (FTC), filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia against Clarence L. Werner (Werner). Werners inaugural Corporate Social Responsibility Report is a culmination of the work weve been doing to carefully and strategically hone Werners commitment to ESG. The legacy hes built is founded on integrity, doing things the right way, putting the customer at the forefront of what we do and always having respect for the role and importance of the professional drivers.. CLARENCE L. WERNER . Contact: Fred Thayer, Associate Vice President- Corporate Brand and CommunicationsWerner Enterprises, Inc.402.895.6640 ext. Werner founded Werner Enterprises in 1956 with a single truck purchased with proceeds from the sale of a family car. Terminals Available Loads Werner Enterprises, Inc.'s common stock trades on the NASDAQ Global Select MarketSM under the symbol 'WERN'. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Visitation is scheduled for 5 p.m. Tuesday at St. Wenceslaus Catholic Church, 15353 Pacific St., with a vigil service at 7 p.m. A funeral Mass will be celebrated at 10:30 a.m. Wednesday at the church. www.fleetowner.com is using a security service for protection against online attacks. She was 79. www.fleetowner.com is using a security service for protection against online attacks. 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. They got a building full of number counters who think long time career drivers are too much of a expense when they can take no experienced steering wheel holders and replace them. Hes very philanthropic, Leathers said. Werner Enterprises, Inc. founder Clarence L. Werner agreed to a $486,900 civil penalty to settle claims that he violated the HSR Act by acquiring Werner Enterprises stock in a series of open market purchases without filing under the HSR Act and observing the required waiting period. P.O. Gloria Werner started out doing the bookkeeping, and eventually oversaw financial transactions and handled regulatory reporting to various government agencies. You have permission to edit this article. As our founder, Mr. Werner has been actively involved in the Companys business and operations since its inception over 60 years ago. Werner 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. 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. Expedited Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. On average, Clarence trades about 373,335 units every 132 days since 2004. As a result of these professional experiences, Mr. Werner brings to the Board a unique understanding of our business and operations attributed to his long-standing commitment to, management of and involvement with the Company for over 60 years, as well as his significant and extensive knowledge of the transportation industry. [3], In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. Werner stepped down from his role as executive chairman effective May 31, but will continue as chairman of the board of directors through the end of his current term, which is set to end May 2021. P.O. Become a Carrier 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. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Clarence L. Werner serves as Chairman of the Board of the Company. Clarence L Werner is the face behind Werner Enterprises. Copy and paste multiple symbols separated by spaces. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. 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, including statements about the proposed offering and the expected transition of the role of Chairman of the board of directors, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. 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, including statements about the proposed offering and the expected transition of the role of Chairman of the board of directors, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended.
Dobbins Air Force Base Directory, Lazy Boy Going Out Of Business Sale, Sleep Paralysis Feels Like Someone Is Touching Me, Wassim Slaiby Contact, Articles C
clarence l werner 2023