She just really left her schedule open so she could help like that., Werner also was a voracious reader interested in current affairs and politics, her daughter said. Opportunities Are you an organization or group who would like to request assistance from the Blue Brigade? Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. 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. The service requires full cookie support in order to view this website. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Hes always thinking way down the line, Leathers said. You can sign up for additional alert options at any time. 1964 In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. CLARENCE L. WERNER . Werner Enterprises Stock Ownership - WallStreetZen 100% Free Registration . }); Transportation and logistics provider Werner Enterprises (NASDAQ: WERN) announced in an after market close press release on June 2 that founder and executive chairman of the board Clarence L CL Werner stepped down from the executive chair seat on May 31. he and his log dept deviced the evil scheme that has been getting worse ever since. Logistics I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. googletag.pubads().collapseEmptyDivs(); WERNER ENTERPRISES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Werner recommended to the board that Leathers be named chairman when his term ends next year. Werner has recommended that Leathers be named chairman once his term expires, in addition to Leathers current company leadership responsibilities. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino Act. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. International services are provided through Werner's domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Visitation is scheduled for 5 p.m. Tuesday at St. Wenceslaus Catholic Church, 15353 Pacific St., with a vigil service at 7 p.m. A funeral Mass will be celebrated at 10:30 a.m. Wednesday at the church. The company is not selling any shares in the offering and will not receive proceeds from the sale of Werners shares. Clarence L. Werner Founder and Executive Chairman 100-2065fthayer@werner.com, Werner Investor Relations MarketScreener: Created by Investors for Investors! Actual results could differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werners Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020. Werners retirement, but also beyond the tenures of the current management team, himself included. Significant fines imposed in HSR failure to file actions - Dechert Werner Enterprises History: Founding, Timeline, and Milestones - Zippia He was. 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. C.L. To find out more about WernerBlue, including our recent milestone successes as well as future goals, visit our ESG section by clicking the Learn More button below. Werner Enterprises has a strong foundation of driving greater sustainability throughout our over 65-year history. But the Werner family showed an indomitable spirit and battled the crises. The .gov means its official. After submitting your request, you will receive an activation email to the requested email address. United States v. Clarence L. Werner; Proposed Final Judgment and Federal Trade Commission announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that . googletag.pubads().enableSingleRequest(); Hes built schools and churches and made major contributions to medical centers. www.fleetowner.com is using a security service for protection against online attacks. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. She was so dedicated to her family, Werner-Robertson said. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Increased driver satisfaction and retention. The largest trade he's ever made was selling 14,130,523 units of Werner Enterprises stock on 8 June 2020 worth over $579,351,443. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Ive been here 21 years and yet I bring the average tenure of the executive team down, Leathers said, noting that it is not uncommon for people to remain with the company for 25 years or longer. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. He has his own foundation that does work around things he has passion for., Leathers added, His legacy, in short, means everything to us. CL Werner started hauling cargo for other companies, building the company one truck at a time, hauling in regional areas. Founded by Clarence L. Werner in 1956, it is a publicly traded company led by the Werner family, which retains 40 percent ownership. United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment (April 20, 2022), Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act (December 22, 2021), To view PDF files on this website you need the free Adobe Reader. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Clarence L. Werner - Biography - MarketScreener.com This United States transportation corporation or company article is a stub. You must click the activation link in order to complete your subscription. Werner will remain as chairman through his current term, which expires in May 2021. 1444 Blairs Bridge Rd, Lithia Springs, GA 30122, USA, 2215 Newlins Mill Rd, Easton, PA 18045, USA, 8701 Peterbilt Ave, Dallas, TX 75241, USA, 9239 Brighton Rd, Henderson, CO 80640, USA, 10251 Calabash Ave, Fontana, CA 92335, USA, 13000 Gateway Blvd E, Clint, TX 79836, USA, 879 Northwest, Bell Rd, Lake City, FL 32055, USA, 4801 W Magnolia St, Phoenix, AZ 85043, USA, 4395 Laybourne Rd, Springfield, OH 45505, USA, 18673 Dix Toledo Rd, Brownstown Charter Twp, MI 48193, USA, 2800 S Service Rd, West Memphis, AR 72301, USA. That still continues, Leathers said. You can see the complete history of Mr. Werner stock trades at the bottom of the page. Equipment Sales, About Werner Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Omaha, NE 68145 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. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. On average, Clarence trades about 373,335 units every 132 days since 2004. Learn more about your rights as a consumer and how to spot and avoid scams. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Werner Enterprises Founder Steps Down, Common Stock Offering Proposed St. Paul, MN 55164-0854 Provide better on-time service to customers and less downtime. 13) will pay a $486,900 . Gloria Werner died Tuesday after a 17-month battle with lung cancer. He has been a Company director since that time and also served as President until 1984. Please enable cookies on your browser and try again. P.O. Werners Standard Rules Tariff She worked there until she retired from the business in 1984. . Benefits of latest machine technology to improve fuel efficiency. FTC Rings in the New Year with HSR Enforcement and - Proskauer Its truly the epitome of an American success story.. During the Great Depression years, poverty struck the family, and living conditions were tough. 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. It was also very important to him that Werner made that transition while he was still able to help guide that transition.. Clarence L. Werner serves as Chairman of the Board of the Company. Werner stepped down from his role as executive chairman effective May 31, but will continue as. Excellence resale value for driver-preferred well-maintained trucks. PRESS RELEASE: FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner Enterprises, Inc. for Repeatedly Violating Antitrust Laws, United States of America, Plaintiff v. Clarence L. Werner c/o Werner Enterprises, Inc., Defendant, Competition and Consumer Protection Guidance Documents, An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments, FTC Lawsuit Leads to Permanent Ban from Debt Relief, Telemarketing for Operators of Debt Relief Scam, Is Franchising Fair? WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Our success in reducing our carbon footprint has made us an industry leader, but sustainability is just the beginning. Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Final Mile Shareowner Services The company offers a diversified portfolio of transportation and logistics services to companies around the globe, including: In addition, Werner offers an alliance carrier network of more than 26,000 carriers and ocean, air and rail providers. googletag.pubads().collapseEmptyDivs(); Driver Number 1 and mega-fleet founder Clarence "C.L." Werner is taking back the wheel at Werner Enterprises, replacing son Gary as chairman of the 7,000-truck carrier. Werner Enterprises Leadership: Executives and Demographics