News Release Details

Richard C. Green, Jr., Joins Yellow Corporation Board; Klaus E. Agthe to Retire

Feb 28, 2001 at 12:00 AM EST
Richard C. Green, Jr., Joins Yellow Corporation Board; Klaus E. Agthe to Retire

OVERLAND PARK, Kan., Feb. 28 /PRNewswire/ -- Yellow Corporation (Nasdaq: YELL) announced today that UtiliCorp United Chairman and CEO Richard C. Green, Jr. has joined the Yellow Corporation Board of Directors.

Yellow also announced that board member Klaus E. Agthe has reached the customary retirement age and will leave the board at the Annual Shareholders Meeting on April 19, 2001.

"We're extremely pleased to have Rick Green join our board," said Bill Zollars, Chairman, President and CEO of Yellow Corporation. "UtiliCorp has transformed itself from a traditional utility company into one of the most entrepreneurial energy and energy-related services companies in America. Rick's insights will be invaluable as we continue to transform Yellow into the leading transportation services company in America."

Mr. Green, 46, has served as Chairman and CEO of UtiliCorp since 1985, when the company was formed from its predecessor, Missouri Public Service Company. From 1976 to 1985, he held a number of financial, operating and executive positions at Missouri Public Service, including Executive Vice President from 1982 to 1985.

Dr. Agthe has served as a director for Yellow Corporation since 1984. He is a former director and North American Liaison for the VIAG Group of Munich, Germany.

"We thank Klaus for his many years of invaluable service to Yellow," Zollars said. "He leaves us with our sincere best wishes."

Yellow Corporation is a holding company with operating subsidiaries specializing in national, regional and international transportation services. Headquartered in Overland Park, Kansas, Yellow employs approximately 32,000 people worldwide. SOURCE Yellow Corporation

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