clarence l werner

We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Search the Legal Library instead. CLARENCE L. WERNER . Resources Werners retirement, but also beyond the tenures of the current management team, himself included. Maintaining a new fleet with an average tractor age of 2 years results in: At Werner, we support and encourage the diverse voices and perspectives of our associates, our customers, and our suppliers. Both carriers and customers consistently recognize Werner for our commitment to excellence in all that we do. Please enable JavaScript on your browser and try again. Hes built schools and churches and made major contributions to medical centers. Hear a snippet, above, and get the full program by going to RoadSigns.TTNews.com. Clarence L. Werner Chairman-Emeritus J Jack A. Holmes Board Member K Kenneth M. Bird Board Member Alexi A. Wellman Board Member C Carmen A. Tapio Board Member S Scott C. Arves Board Member V Vikram Mansharamani Board Member D Diane K. Duren Board Member G Gerald H. Timmerman Board Member Show more Werner Enterprises Leadership Demographics As a person, when I think of him the word that comes to mind is hes humble.. Defendant. The largest trade he's ever made was selling 14,130,523 units of Werner Enterprises stock on 8 June 2020 worth over $579,351,443. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Cross-Border Clarence Werner is 82, he's been the Chairman of the Board of Werner Enterprises since 2020. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. }); googletag.cmd.push(function() { 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.. CL WERNER FOUNDATION VALLEY, NE 68064-6603 | Tax-exempt since June 2010 EIN: 26-3839487 Classification ( NTEE ) Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking. Investors Federal Trade Commission announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that . googletag.cmd.push(function() { Werner was among the five largest truckload carriers in the United States in 2020. The press release said that Morgan Stanley is acting as the sole underwriter in the transaction. Transportation and logistics provider Werner Enterprises' ( NASDAQ: WERN) announced in an after market close press release on June 2 that founder and executive chairman of the board Clarence L "CL" Werner stepped down from the executive chair seat on May 31. Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Morgan Stanley is acting as the sole underwriter of the offering. He has his own foundation that does work around things he has passion for., Leathers added, His legacy, in short, means everything to us. They married and settled in Council Bluffs, where they founded Werner Enterprises. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. A .gov website belongs to an official government organization in the United States. Werner founded Werner Enterprises in 1956 with a single truck purchased with proceeds from the sale of a family car. Werner Leathers In connection with this transition, the company announced an underwritten public offering of 12.8 million shares of its common stock by the Clarence L. Werner Revocable Trust. But the Werner family showed an indomitable spirit and battled the crises. Provide better on-time service to customers and less downtime. E-mail: invrelations@werner.com, Equiniti Trust Company During the Great Depression years, poverty struck the family, and living conditions were tough. 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. Leathers C.L. There are 2 executives at Werner Enterprises getting paid more, with DerekLeathers having the highest compensation of $3,522,010. As a result of these professional experiences, Mr. Werner brings to the Board a unique understanding of our business and operations attributed to his long-standing commitment to, management of and involvement with the Company for over 60 years, as well as his significant and extensive knowledge of the transportation industry. googletag.enableServices(); The co-founder of the Werner Enterprises transportation company was never afraid to do what was necessary to see the business succeed in its early days, when cash was tight and she juggled multiple roles. Hes a thoughtful leader. United States v. Clarence L. Werner; Proposed Final Judgment and Competitive Impact Statement Notice is hereby given pursuant to the Antitrust Procedures and Penalties Act, 15 U.S.C. He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Current CEO and President Derek Leathers has been appointed to the board as a member and vice chairman. Benefits of latest machine technology to improve fuel efficiency. Find legal resources and guidance to understand your business responsibilities and comply with the law. Werner also has a charitable side. Blog, Freight Quote Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The service requires full JavaScript support in order to view this website. Werner stepped down from his role as executive chairman effective May 31, but will continue as chairman of the board of directors through the end of his current term, which is set to end May 2021. Hes always thinking way down the line, Leathers said. Want more news? We commit to embracing these values as we move toward an increasingly inclusive culture where every associate feels empowered to bring their whole self to Werner. Global Services Shareowner Services This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements about the proposed offering and the expected transition of the role of Chairman of the board of directors, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. You will be redirected once the validation is complete. The company offers a diversified portfolio of transportation and logistics services to companies around the globe, including: In addition, Werner offers an alliance carrier network of more than 26,000 carriers and ocean, air and rail providers. In connection with CL Werner's 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,. Frequently asked questions from carriers like you! Clarence L. Werner,48, Barber, Dies Werner of 104 Washington Ave, Ephrata, died, in the Ephrata Community Hospital Tuesday morning after a lengthy illness. It was also very important to him that Werner made that transition while he was still able to help guide that transition.. Werner Enterprises, Inc. founder Clarence L. Werner agreed to a $486,900 civil penalty to settle claims that he violated the HSR Act by acquiring Werner Enterprises stock in a series of open market purchases without filing under the HSR Act and observing the required waiting period. Actual results could differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in Werners Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020. Werner founded the company in 1956 at the age of 19 with a single truck. Contact Learn more about Werner and our industry expertise through these video resources. But it didnt take over her whole life, so she had a good balance.. 1971 C. L. makes his first big truck purchase of 10 Freightliners in 1971. Sign up for our newsletter to keep reading. 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 . This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. 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. googletag.pubads().collapseEmptyDivs(); 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. Terminals (WOWT) - The Federal Trade Commission announced Wednesday that the founder of Omaha-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle. C.L. U.S. v. Clarence L. Werner. [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. [4], Werner's fleet consists of approximately 10,000 tractors, 26,000 trailers and employs 13,500 employees and independent contractors. Whether in the office or behind the wheel, join Werner today. She and her then-husband, Clarence L. Werner, founded Werner Enterprises in 1956 with one truck. Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. will pay a $486,900 civil penalty to settle charges that certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino Act. Clarence L Werner is the face behind Werner Enterprises. After retiring, she threw herself into the lives of her grandchildren, Werner-Robertson said, often swooping in to watch them when parents were out of town or between day cares and nannies. Same goes for the rest of the mega-$lavery companies. Mr. Werner has recommended to the board of directors that Mr. Leathers be named Chairman of the board of directors, in addition to Chief Executive Officer and President, when Mr. Werners term ends. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. Founded by Clarence L. Werner in 1956, it is a publicly traded company led by the Werner family, which retains 40 percent ownership. The statue, funded by Buffett, is the first of Gibson in his hometown and . The oldest executive at Werner Enterprises, Inc. is Clarence L. Werner, 83, who is the Founder & Chairman Emeritus. The Federal Trade Commission (FTC) announced that Clarence L. Werner, founder of the Omaha, Nebraska-based truckload carrier Werner Enterprises, Inc. (CCJ Top 250, No. So how are third-party logistics providers adapting to meet these challenges? Available Loads Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Complete the form below and well get in touch. Get the latest local business news delivered FREE to your inbox weekly. OMAHA, Neb., June 02, 2020 (GLOBE NEWSWIRE) -- Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, today announced that Clarence L. Werner stepped down as its Executive Chairman effective May 31, 2020. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage.

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