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Schneider National (SNDR) promotes James S. Filter to CEO as Mark Rourke becomes Executive Chair

Filing Impact
(Moderate)
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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Schneider National, Inc. is implementing a planned leadership transition. Effective July 1, 2026, current President and Chief Executive Officer Mark B. Rourke will become Executive Chair of the Board, and James S. Filter, currently Executive Vice President and Group President of Transportation and Logistics, will become President and Chief Executive Officer.

Mr. Filter, age 54, has held senior roles at the company since 1998 and previously worked at United Parcel Service and served in the U.S. Marine Corps. His 2026 cash and equity incentives will be prorated and “topped up” to reflect time in each role. After the transition, Mr. Rourke will remain employed, focus on strategic direction and Board counsel, and his base salary will be $750,000. The Board also created a Lead Independent Director role, appointing James L. Welch effective on the Transition Date.

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Insights

Schneider outlines an internal CEO succession with defined roles and compensation.

Schneider National is shifting current CEO Mark B. Rourke to Executive Chair on July 1, 2026, while promoting James S. Filter, its Executive Vice President and Group President of Transportation and Logistics, to President and CEO. The move formalizes succession while retaining continuity at the board level.

Compensation mechanics are clearly laid out. Mr. Filter’s 2026 annual incentive and long-term equity awards will be prorated and “topped up” to match time in each role and applicable grant values. Mr. Rourke’s base salary becomes $750,000 after he becomes Executive Chair, while his 2026 incentives continue to reflect his CEO role for that year.

The Board is also strengthening independent oversight by establishing a Lead Independent Director role and appointing James L. Welch. Subsequent proxy and compensation disclosures after 2026 will indicate how the Compensation Committee adjusts ongoing pay for both executives in line with other senior management.

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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): January 26, 2026

 

 

Schneider National, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Wisconsin   001-38054   39-1258315
(State of incorporation)  

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

3101 South Packerland Drive   Green Bay, WI   54313
(Address of Principal Executive Offices)   (Zip Code)

(920) 592-2000

(Registrant’s Telephone Number, including Area Code)

 

 

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 (see General Instruction A.2. below):

 

 

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol

 

Name of each exchange

on which reported

Class B common stock, no par value   SNDR   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 26, 2026, the Board of Directors (“Board”) of Schneider National, Inc. (the “Company”) appointed Mr. Mark B. Rourke, the Company’s current President and Chief Executive Officer, to the position of Executive Chair of the Board, effective July 1, 2026 (the “Transition Date”). In conjunction with this change, the Board appointed Mr. James S. Filter, currently Executive Vice President, Group President of Transportation and Logistics of the Company, to the positions of President and Chief Executive Officer of the Company effective on the Transition Date. In addition, Mr. Filter is expected to be appointed to the Board at a later date following the Transition Date. In connection with Mr. Rourke’s appointment as Executive Chair, the Board established the position of Lead Independent Director, and the independent directors of the Board appointed James L. Welch, the Board’s current Chair, to serve as the Lead Independent Director of the Board also effective on the Transition Date.

Mr. Filter, 54, has served as the Company’s Executive Vice President, Group President of Transportation and Logistics since April 2022. Prior to assuming his current role, Mr. Filter served as Senior Vice President and General Manager of Intermodal from 2015 to 2021 when his responsibilities were expanded to include accountabilities as Chief Commercial Officer. Mr. Filter joined the Company in 1998 having previously worked at United Parcel Service (UPS) and serving in the U.S. Marine Corps. He holds a bachelor’s degree from the University of Wisconsin-Green Bay and a master’s degree in business administration from Wayne State University.

The Compensation Committee of the Board has approved Mr. Filter’s compensation as President and Chief Executive Officer as follows:

 

   

An annual base salary of $775,000;

 

   

A fiscal 2026 annual cash incentive opportunity with a target of $969,000, 125% of base salary; and

 

   

An annual long-term equity incentive award for fiscal 2026 with a grant date target value of $3,300,000, which will be made under the Company’s 2017 Omnibus Incentive Plan.

Due to Mr. Filter’s mid-year promotion, his fiscal 2026 annual cash incentive opportunity will be prorated based on time served in each role, and he will receive a “top up” long-term equity incentive award on the Transition Date such that his overall long-term incentive grant value for fiscal 2026 will reflect the time served and annualized grant values for each role. Such “top up” grants will be made in the same mix of award types, terms and performance goals (as applicable) as are granted to Mr. Filter and the other executive officers of the Company in the Company’s fiscal 2026 annual long-term equity incentive grant.

Following his transition to Executive Chair of the Board, Mr. Rourke will remain employed by the Company and will continue to contribute to the Company’s strategic direction and provide counsel to the Company’s leadership team and the Board. Following the Transition Date, Mr. Rourke’s annual base salary will be reduced to $750,000. For fiscal 2026, Mr. Rourke’s annual and long-term incentive program participation will be determined based on his current role as President and Chief Executive Officer, and will not be reduced or modified for fiscal 2026 at the time he transitions to the role of Executive Chair.

Mr. Filter and Mr. Rourke will continue to be eligible to participate in all other regular compensation and benefit arrangements for the Company’s executive officers, which are described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 17, 2025.

 

 

2


Following fiscal 2026, Mr. Filter’s and Mr. Rourke’s future compensation will be determined by the Compensation Committee of the Board in a manner consistent with its determination of compensation for the rest of the Company’s senior management.

There are no arrangements or understandings between Mr. Filter and any other persons pursuant to which he was selected as an officer, he has no family relationships with any of the Company’s directors or executive officers, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

 

ITEM 7.01

Regulation FD Disclosures.

On January 28, 2026, the Company issued a press release announcing the leadership changes described above. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and in Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of Section 18, nor shall such information be deemed incorporated by reference in any filing under the Securities Act, except as shall be expressly set forth by specific reference in such filing.

 

ITEM 9.01.

Financial Statements and Exhibits

(d) Exhibits

 

Exhibit No.

  

Description of Exhibit

99.1    Press release regarding leadership transition dated January 28, 2026
104    The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

 

 

3


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 hereunto duly authorized.

 

Date:January 28, 2026   SCHNEIDER NATIONAL, INC.
        By:  

/s/ Thomas G Jackson

        Name:   Thomas G. Jackson
        Title:  

Executive Vice President, General Counsel

and Corporate Secretary

FAQ

What leadership changes did Schneider National (SNDR) announce in this 8-K?

Schneider National announced that Mark B. Rourke will become Executive Chair and James S. Filter will become President and Chief Executive Officer effective July 1, 2026. The Board also created a Lead Independent Director role, appointing current Chair James L. Welch to that position.

Who is James S. Filter, the incoming CEO of Schneider National (SNDR)?

James S. Filter is currently Executive Vice President, Group President of Transportation and Logistics at Schneider National. He joined the company in 1998, previously worked at UPS, served in the U.S. Marine Corps, and holds degrees from the University of Wisconsin-Green Bay and Wayne State University.

How will James S. Filter’s compensation change when he becomes Schneider National CEO?

For fiscal 2026, James S. Filter’s annual cash incentive will be prorated between his current and new roles, and he will receive a “top up” long-term equity award on the July 1, 2026 Transition Date, aligned with award types and goals used for other executive officers.

What is Mark B. Rourke’s new role and pay after Schneider National’s transition?

After July 1, 2026, Mark B. Rourke will serve as Executive Chair, remain employed, and focus on strategic direction and advising leadership. His annual base salary will be $750,000, while his 2026 annual and long-term incentives will remain based on his role as President and Chief Executive Officer.

What new board governance role did Schneider National (SNDR) establish?

Schneider National’s Board created a Lead Independent Director role in connection with the leadership transition. The independent directors appointed current Board Chair James L. Welch as Lead Independent Director, effective July 1, 2026, enhancing independent leadership alongside the new Executive Chair structure.

Does James S. Filter have related-party or family relationships at Schneider National?

The company states there are no arrangements or understandings with other persons for James S. Filter’s selection as an officer, he has no family relationships with directors or executive officers, and he has no material interest in transactions requiring disclosure under Item 404(a) of Regulation S-K.
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