Forward Air (NASDAQ: FWRD) has appointed Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Pierson was previously the interim CFO from May 2024 and brings experience from MV Transportation and YRC Worldwide. Faught joins from EVO Transportation, where he served as CFO, and previously held roles at Yellow CEO Shawn Stewart emphasized that these appointments are important for the financial integration with Omni Logistics, aiming for long-term financial success and a unified leadership team.
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David H. Webber has been appointed to the Board of Directors of Yellow Corporation (YELL), effective April 20, 2023. A law professor at Boston University, Webber is an authority on shareholder activism and pensions, recognized for his book The Rise of the Working-Class Shareholder. His appointment was made following the request of the International Brotherhood of Teamsters, which holds Yellow’s Series A Voting Preferred Stock. This strategic addition to the board aims to provide valuable labor perspectives as Yellow progresses towards its modernization initiative known as One Yellow. The company operates a major logistics and LTL (less-than-truckload) network across North America, employing nearly 30,000 professionals to deliver a range of shipping services.