YRC Worldwide Names Senior Leaders to New Functional Organization Structure
Company strengthens focus on customer service, sales and other key functions
OVERLAND PARK, Kan., June 2 /PRNewswire-FirstCall/ -- YRC Worldwide Inc.
(Nasdaq: YRCW) today announced senior leadership appointments across a new
functional organization structure. The changes will further strengthen the
company's focus on critical areas to streamline decision making while
eliminating redundant efforts and costs.
"Today's announcement is a significant, strategic step as we take
advantage of the full power of YRC Worldwide," stated Bill Zollars, Chairman,
President and CEO of YRC Worldwide. "A functional organization structure
allows us to dedicate an even broader team of seasoned experts to the support
of our customers along all lines of our business - clearly a competitive
advantage."
The following YRC Worldwide appointments are effective immediately,
reporting directly to Zollars:
Sales -YRC Worldwide welcomes John Garcia to the company as Executive Vice
President and Chief Sales Officer. In this new role, Garcia will be
responsible for sales strategy and results across YRC and the regional
operating companies. Garcia's consolidated sales organization will coordinate
sales activities with YRC Logistics to leverage YRC Worldwide global
capabilities.
Prior to joining YRC Worldwide, Garcia was the President of Sprint's
largest wireless business unit and Chief Marketing Officer for the
corporation, where he was responsible for all strategic sales and marketing
initiatives. Before that, Garcia held sales and marketing leadership roles at
Sprint, GTE Mobilnet, AT&T Consumer Products and Southwestern Bell.
Operations - Mike Smid, President - YRC Inc. and Chief Operations Officer,
will assume responsibility for the operations of all YRC Worldwide regional
and national networks including his current leadership role as President of
YRC Inc. In that role, Smid recently led the successful integration of the
Yellow and Roadway national networks.
Finance - Tim Wicks, currently Executive Vice President and Chief
Financial Officer, will lead a newly consolidated organization comprised of
all strategic and operational finance activities across YRC Worldwide
companies. In addition, Sheila Taylor, currently Vice President, Finance and
Investor Relations, will also assume the role of Treasurer reporting to Wicks.
Marketing - Greg Reid, Executive Vice President and Chief Marketing
Officer, will lead a consolidated marketing effort, including brand and
business development initiatives, supporting all YRC Worldwide companies. In
addition to Chief Marketing Officer, Reid most recently served as Executive
Vice President, Enterprise Solutions Group.
Technologies and Service - Mike Naatz, Executive Vice President and Chief
Information and Service Officer, assumes responsibility for YRC Worldwide
Information Technology, YRC Customer Service as well as the strategic
direction for the regional customer service functions. Naatz previously led
and will continue to lead the enterprise-wide program management efforts
initially designed to support the successful integration of Yellow and
Roadway.
YRC Logistics - John Carr assumes the role of President for YRC Logistics,
leading the YRC Worldwide global logistics management company focused on
transportation, distribution and global services for clients. Previously, Carr
was Chief Operating Officer for YRC Logistics and President for the Americas
and Europe.
Dan Churay, Executive Vice President, General Counsel and Secretary, and
Jim Kissinger, Executive Vice President of Human Resources, remain in their
current roles, reporting to Zollars.
As a part of the organizational changes, Keith Lovetro, former President,
YRC Regional Transportation; Michael Rapken, former Executive Vice President
and Chief Information Officer; Jim Ritchie, former President of YRC Logistics;
and Christina Wise, former Vice President and Treasurer will be leaving the
company. Any remaining transitional activities necessary as a result of these
leadership and organizational changes will be completed by the end of June.
* * * * *
YRC Worldwide Inc., a Fortune 500 company and one of the largest
transportation service providers in the world, is the holding company for a
portfolio of successful brands including YRC, YRC Reimer, YRC Logistics, New
Penn, Holland, Reddaway and YRC Glen Moore. Building on the strength of its
heritage brands, Yellow Transportation and Roadway, the enterprise provides
global transportation services, transportation management solutions and
logistics management. The portfolio of brands represents a comprehensive array
of services for the shipment of industrial, commercial and retail goods
domestically and internationally. Headquartered in Overland Park, Kansas, YRC
Worldwide employs approximately 49,000 people.
SOURCE: YRC Worldwide Inc.
CONTACT: Investor Contact: Sheila Taylor, YRC Worldwide Inc.,
+1-913-696-6108, sheila.taylor@yrcw.com; or Media Contact: Suzanne Dawson,
Linden Alschuler & Kaplan, +1-212-329-1420, sdawson@lakpr.com
Web Site: http://www.yrcw.com
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