Aligns Senior Management to Integrate YRC National Companies
OVERLAND PARK, Kan., Sept. 18 /PRNewswire-FirstCall/ -- YRC Worldwide Inc.
(Nasdaq: YRCW) announced today that Timothy A. Wicks has been named Executive
Vice President and Chief Financial Officer effective October 13, 2008. In
this role, Mr. Wicks will be responsible for all aspects of the corporation's
finance activities including treasury, tax, accounting, and financial
reporting. He will report to Bill Zollars, Chairman, President and CEO of YRC
Worldwide.
Mr. Wicks comes from UnitedHealthcare where he served as Senior Vice
President -- Strategic Growth Initiatives, and was primarily responsible for
launching new distribution and investment capabilities.
'Tim's leadership experience in various strategic and financial roles will
be invaluable as we take our next step in the transformation of our
organization,' said Bill Zollars. 'I am confident Tim will continue the
development of the strong talent within our finance team and form solid
partnerships with all functional areas.'
Zollars added, 'I would like to thank Paul Liljegren for his contributions
as Interim Chief Financial Officer over the last couple of months. Paul has
done an excellent job and we are pleased that he is a key member of the team.'
Mr. Wicks graduated with honors from the University of Chicago with a
Bachelor of Arts degree in Economics in 1988. After working in finance and
economics for Northwest Airlines, he attended Harvard Graduate School of
Business and obtained an MBA with concentrations in Finance and Corporate
Strategy. Mr. Wicks was Co-founder and President of Great Northern Capital
for six years before joining Dell, Inc. as Director of Global Business
Strategy. In 2002, Mr. Wicks joined UnitedHealthcare, the largest division of
UnitedHealth Group, serving in a variety of business development roles.
In addition, Mr. Wicks served as Non-Executive Chairman of the Board for
GenCorp, an NYSE-listed Aerospace/Defense and Real Estate Company. He was a
Board and Audit Committee member for three years and was Chairman of the
Finance Committee in 2006.
YRC National Integration Leadership
YRC Worldwide also announced today that it is aligning key members of the
leadership team to ensure the successful integration of Yellow Transportation
and Roadway. Mike Smid, President of YRC North American Transportation, and
Phil Gaines, President of Yellow Transportation, have assumed the additional
responsibility of the operational integration, while Terry Gilbert, President
of Roadway, has assumed lead responsibility for the local sales integration.
'The operations and sales integrations of Yellow and Roadway are
significant steps for our organization,' stated Zollars. 'With Mike's
extensive operational experience, Phil's operations and finance background,
and Terry's sales expertise, we are confident we will continue to provide
quality service to our customers throughout the integration.'
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 Yellow Transportation, Roadway,
Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF
Glen Moore. 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
60,000 people.
SOURCE YRC Worldwide Inc.
