Yellow taps strategy officer to lead turnaround

Discussion in 'YRC' started by rookietrucker, Aug 29, 2009.

Aug 29, 2009 #1

rookietrucker Trucker Forum STAFF Staff Member

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Yellow taps strategy officer to lead turnaround

OVERLAND PARK, Kan.-- The board of directors of beleaguered LTL giant YRC Worldwide has appointed Richard Williamson as its new chief strategy officer.

In this newly created position, Williamson will be responsible for leading the company's effort to restore its financial strength.

Williamson serves as a managing director of Alvarez Marsal, a global professional services firm that YRC hired to help with its recovery effort earlier this year. The company also recruited Tenex Capital Management to help address the company's financial issues.

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rookietrucker, Aug 29, 2009

rookietrucker, Aug 29, 2009

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