Current Report Filing (8-k)
15 Juni 2018 - 10:12PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 11, 2018
YRC Worldwide Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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0-12255
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48-0948788
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(State or other jurisdiction of
incorporation)
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(Commission
File Number
)
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(IRS Employer
Identification No.)
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10990 Roe Avenue
Overland Park, Kansas 66211
(Address of principal executive offices)(Zip Code)
(913)
696-6100
(Registrants telephone number, including area code)
n/a
(Former name or
former address, if changed since last report)
Check the appropriate box below
if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
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James Welch Consulting Agreement
On
June 11, 2018, in furtherance of the previously-announced Chief Executive Officer succession plan and as a continuation of his current senior advisory role with YRC Worldwide Inc. (the Company), the Company entered into an agreement
with James L. Welch for him to provide consulting services to the Company commencing immediately upon his retirement which is expected to occur on July 31, 2018. The consulting agreement will become effective on August 1, 2018 and will
terminate on July 31, 2019 unless extended by mutual agreement of the parties. Mr. Welch will be paid $150,000 per annum as an independent contractor for his services. The Company believes that it is in the best interests of the Company
and its shareholders that the Company continue to avail itself of Mr. Welchs expertise and experience in the freight transportation industry, particularly the less-than-truckload segment.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
YRC WORLDWIDE INC.
By:
/s/ James A. Fry
James A. Fry
Vice President, General Counsel and Secretary
Date: June 15, 2018
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