Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. He was the third of seven children of his parents. Whether in the office or behind the wheel, join Werner today. Werner Enterprises, Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates. 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. 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 press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. On average, Clarence trades about 373,335 units every 132 days since 2004. 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. OMAHA, Neb., June 03, 2020 (GLOBE NEWSWIRE) - Werner Enterprises, Inc. (Nasdaq: WERN) today announced the pricing of an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which our founder Clarence L. Werner is the grantor and sole trustee, at a public offering price of $41.00 per share. 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. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. Please enable JavaScript on your browser and try again. After retiring, she threw herself into the lives of her grandchildren, Werner-Robertson said, often swooping in to watch them when parents were out of town or between day cares and nannies. The .gov means its official. www.fleetowner.com is using a security service for protection against online attacks. He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Werner CEO Looks Back at Founder's Legacy | Transport Topics 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Clarence L Werner - Bio, Net Worth & Business Detail - Trucking Monitor COMPETITIVE IMPACT STATEMENT . FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner Login, Drive Blue Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Significant fines imposed in HSR failure to file actions - Dechert 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. Share sensitive information only on official, secure websites. At that time, the company expects he will become Chairman Emeritus. Available Loads Both carriers and customers consistently recognize Werner for our commitment to excellence in all that we do. It will be hard for someone who dedicated the entirety of his life to making this company what it is to take a step back, Leathers said. 100-2065fthayer@werner.com. Hes a thoughtful leader. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. 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. Video resources including how-to guides and more. The Blue Brigade works with numerous organizations throughout the country each year, donating their personal time to help those in need. View the full 2020 CSR report here. He served as our Chief Executive Officer ("CEO") from 1984 until February 2007, and he was Chairman from 1984 until May 2011. The site is secure. That still continues, Leathers said. His wife, Helen Mellinger Werner survives. 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. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. 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. You must click the activation link in order to complete your subscription. Frequently asked questions from carriers like you! There are 2 executives at Werner Enterprises getting paid more, with DerekLeathers having the highest compensation of $3,522,010. Old werner slogan is werner cares needs to have to lie added to it. Gloria Werner started out doing the bookkeeping, and eventually oversaw financial transactions and handled regulatory reporting to various government agencies. Dont miss the hottest freight event of the summer! www.fleetowner.com is using a security service for protection against online attacks. He has his own foundation that does work around things he has passion for., Leathers added, His legacy, in short, means everything to us. Clarence L Werner (1921-1970) - Find a Grave Memorial It was also very important to him that Werner made that transition while he was still able to help guide that transition.. 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. . We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. A .gov website belongs to an official government organization in the United States. Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. Based in Richmond, VA, Todd is the finance editor at FreightWaves. Intermodal Franchisee Conversations with Chair Khan, Certificate Of Compliance with Provisions of The Antitrust Procedures and Penalties Act, United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment, Complaint for Civil Penalties for Failure to Comply with HSR Premerger Requirements, FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner Enterprises, Inc. for Repeatedly Violating Antitrust Laws. Werner was in continuous violation of the HSR Act from May 14, 2007, when he acquired the Werner Inc. voting securities valued in excess of the HSR Act's $100 million filing threshold, as adjusted, through April 3, 2020, when the waiting period expired on his . googletag.pubads().collapseEmptyDivs(); Clarence L Werner is the Chairman of Werner Enterprises Inc and owns about 3,028 shares of Werner Enterprises Inc (WERN) stock worth over $142,619 . 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. 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. Hes built schools and churches and made major contributions to medical centers. Werner founded the company in 1956 at the age of 19 with a single truck. 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. 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. Event Type* Event Type*RecurringOne-Time, Pre-Qualify Now CDL Training Experienced Truck Drivers Available Truck Driver Jobs Veterans Owner Operators Opportunities Login, Dedicated One-Way Truckload Expedited Intermodal Temperature-Controlled Cross-Border Logistics Management Final Mile Freight Management & Custom Solutions, About Werner Investors Terminals Contact Logistics Blog Truck Driver Blog Werner EDGE Blog Podcasts Werner Store, Freight Quote Available Loads Become a Carrier Credit Application Werners Standard Rules Tariff Brokerage Standard Terms & Conditions Site Map Terms and Conditions Privacy Policy. Blog, Freight Quote 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.. United States v. Clarence L. Werner; Proposed Final Judgment and Become a Carrier Cross-Border The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Werner Enterprises (NASDAQ: WERN) is owned by 85.74% institutional shareholders, 57.90% Werner Enterprises insiders, and 0.00% retail investors. Werners inaugural Corporate Social Responsibility Report is a culmination of the work weve been doing to carefully and strategically hone Werners commitment to ESG. Our success in reducing our carbon footprint has made us an industry leader, but sustainability is just the beginning. 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. OMAHA, Neb. Gloria Werner died Tuesday after a 17-month battle with lung cancer. Copyright 2023, All Rights Reserved, FreightWaves, Inc, CL Werner steps down as executive chairman of Werner Enterprises, Loaded & Rolling (Enterprise Fleet News/Analysis). (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. Find the resources you need to understand how consumer protection law impacts your business. She was very interested in her local community and what was going on and how she could be a good citizen..
Tim Petrovic Career Earnings,
Southern Baptist Churches In Rapid City, Sd,
Articles C