clarence l werner

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Any such updates or revisions may be made by filing reports with the U.S. Securities and Exchange Commission, through the issuance of press releases or by other methods of public disclosure. 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. The most recent stock trade was executed by Carmen A Tapio on 11 August 2022, trading 1,170 units of WERN stock currently worth $49,374. 16(b)-(h), that a proposed Final Judgment, Stipulation, and Competitive Impact Statement have been filed with the United States District Court for the District of Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. Mr. Werner started his career as a truck driver at age 19 with one single truck. Most recently he sold 14,130,523 units of WERN stock worth $579,351,443 on 8 June 2020. Today the carrier has more than 7,800 tractors in service, generating nearly $2.5 billion in revenue during 2019. window.googletag = window.googletag || {cmd: []}; It didnt take long for her to get that check.. . Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. 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. Werner Enterprises Founder Steps Down, Common Stock Offering Proposed WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. As our founder, Mr. Werner has been actively involved in the Companys business and operations since its inception over 60 years ago. He served as Chairman Emeritus from May 2011 until August 2015, at which time he was elected as Chairman and assumed the responsibility of Chief Executive Officer. The estimated net worth of Clarence L Werner is at least $142,619 dollars as of 2023-03-09. The .gov means its official. Final Judgment (April 20, 2022) 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) Stipulation and Order . 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.. During the Great Depression years, poverty struck the family, and living conditions were tough. Advantages We celebrate 40-year anniversaries here on a fairly regular basis, Leathers said. Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Click for more FreightWaves articles by Todd Maiden. He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Listen to today's daily briefing: Subscribe: Apple Podcasts | Spotify | Amazon Alexa | Google Assistant | More, 80 M Street SE, Suite 800, Washington, D.C., 20003, Werner Acquires Truckload Carrier Baylor Trucking, Werner Partners With Aurora to Haul Freight Autonomously in Texas, FedEx Freight Plans Closure of 29 Locations | Transport Topics, California OKs Advanced Clean Fleets Regulation | Transport Topics, 3PLs Gain Market Share but Face Rising Fraud, TIA Leaders Say | Transport Topics, Toyota Class 8 Hydrogen Powertrain Approved in California | Transport Topics, 2023 Top 100 Logistics List Highlights Growth for 3PLs | Transport Topics, 2023 Transport Topics | All Rights Reserved. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. googletag.enableServices(); Clarence L. Werner Founder and Executive Chairman He has been a Company director since that time and also served as President until 1984. would tell you it took decades to start gaining any real momentum and really start to see growth and a larger footprint.. Box 45308 (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Learn more about Werner and our industry expertise through these video resources. Werner offers a modern, premium fleet and a comprehensive preventative maintenance program, resulting in clean, professional-looking equipment, maximum cargo capacity and minimal equipment downtime. Contact The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. The press release said that Morgan Stanley is acting as the sole underwriter in the transaction. Please enable JavaScript on your browser and try again. Learn how and when to remove this template message, "Werner CEO Looks Back at Founder's Legacy", "Werner Enterprises, Inc, Form 10-K, Annual Report", "Werner Enterprises Reports Fourth Quarter and Annual 2021 Results", https://en.wikipedia.org/w/index.php?title=Werner_Enterprises&oldid=1144949503, This page was last edited on 16 March 2023, at 13:03. Werner will remain as chairman through his current term, which expires in May 2021. As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. Gloria Werner started out doing the bookkeeping, and eventually oversaw financial transactions and handled regulatory reporting to various government agencies. I have talked for years about how we were founded by a driver, we are led by a driver and we try to lead with the driver in mind. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. 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. Werner has also stayed focused on ensuring the companys long-term success once he steps down. The complaint 1 alleges that Mr. Werner first violated the reporting requirements of the HSR Act in May 2007, when he exercised options to acquire WEI stock that resulted in his combined holdings exceeding the . Whether in the office or behind the wheel, join Werner today. Host Seth Clevenger chats with two 3PL executives who have had firsthand experience contending with this crisis. Over the years, Werner Enterprises was steadily growing and is having now (2011) 7'300 Trucks (Tractors), 25'000 Trailers and 13'000 employees, Werner Ent. Video resources including how-to guides and more. Hes maintained his CDL, Leathers noted. Werner's founder, Clarence L. Werner, has stepped down, opening the door for current CEO Derek Leathers to fully take the reins. 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. Werner Enterprises History: Founding, Timeline, and Milestones - Zippia Current CEO and President Derek Leathers has been appointed to the board as a member and vice chairman. Gloria Werner died Tuesday after a 17-month battle with lung cancer. Please subscribe to keep reading. Despite the companys growth over the years, C.L. Contact the writer: 402-444-1414, paige.yowell@owh.com. Phone: 1-800-468-9716. You can see the complete history of Mr. Werner stock trades at the bottom of the page. C.L. For those reasons, undue reliance should not be placed on any forward-looking statement. Custom Solutions, Advantages He has his own foundation that does work around things he has passion for., Leathers added, His legacy, in short, means everything to us. 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. He has been a Company director since that time and also served as President until 1984. U.S. v. Clarence L. Werner | ATR | Department of Justice Founder C.L. Werner back as chairman at Werner Enterprises Werner Enterprises Stock Ownership - WallStreetZen Are you an organization or group who would like to request assistance from the Blue Brigade? In addition, he makes $1,787,390 as Chairman of the Board at Werner Enterprises. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. United States v. Clarence L. Werner; Proposed Final Judgment and window.googletag = window.googletag || {cmd: []}; gptAdSlots.push(gptSlot); Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. Werner has always remained connected to its roots, Leathers said. 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. Alternatively, copies of the prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com.

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