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Yellow Corporation (YELLQ)

OTC Markets EXMKT - OTC Markets EXMKT Delayed Price. Currency in USD
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6.50-0.10 (-1.52%)
At close: 03:55PM EDT

Yellow Corporation

501 Commerce Street
Suite 1120
Nashville, TN 37203
United States
913 696 6100
https://www.myyellow.com

Sector(s)Industrials
IndustryTrucking
Full Time Employees30,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Darren D. HawkinsCEO & Director1.27MN/A1970
Mr. Darrel J. HarrisPresident & COO623.05kN/A1976
Mr. Daniel L. OlivierCFO & Chief Accounting Officer504.68kN/A1973
Ms. Leah K. DawsonExecutive VP, General Counsel & Secretary492.46kN/A1980
Mr. Matthew A. DohenyChief Restructuring Officer270kN/A1970
Ms. Annlea RumfolaChief Information OfficerN/AN/A1970
Mr. Anthony CarreñoSenior Vice President, Treasury & Investor RelationsN/AN/AN/A
Sean SaundersSenior Vice President of Human Resources & SafetyN/AN/AN/A
Mr. J. Michael KelleyChief Sustainability Officer & VP of External AffairsN/AN/A1961
Mr. Wayne L. Day Jr.Chief Security OfficerN/AN/A1958
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Yellow Corporation does not have significant operations. Previously, the company provided various transportation services primarily in North America. The company primarily offered less-than-truckload (LTL) shipments and supply chain solutions to ship industrial, commercial, and retail goods. It also provided customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components. In addition, the company offered specialized services, such as guaranteed expedited, time-specific delivery, cross-border, exhibit, product return, and government material shipment services; and consolidation and distribution, reverse logistics, and residential white glove services. As of December 31, 2022, it had a fleet of approximately 12,700 tractors comprising 11,700 owned and 1,000 leased tractors; and approximately 42,000 trailers consisting of 34,800 owned and 7,200 leased trailers. The company was formerly known as YRC Worldwide Inc. and changed its name to Yellow Corporation in February 2021. Yellow Corporation was founded in 1924 and is based in Nashville, Tennessee. On August 6, 2023, Yellow Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Corporate Governance

Yellow Corporation’s ISS Governance QualityScore as of July 1, 2024 is 5. The pillar scores are Audit: 9; Board: 2; Shareholder Rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.