Terminals 16(b)-(h), that a proposed Final Judgment, Stipulation, and Competitive Impact Statement have been filed with the United States District Court for the District of 2023, Nasdaq, Inc. All Rights Reserved. He served as our Chief Executive Officer ("CEO") from 1984 until February 2007, and he was Chairman from 1984 until May 2011. Franchisee Conversations with Chair Khan, Certificate Of Compliance with Provisions of The Antitrust Procedures and Penalties Act, United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment, Complaint for Civil Penalties for Failure to Comply with HSR Premerger Requirements, FTC Fines Clarence L. Werner, Founder of the Truckload Carrier Werner Enterprises, Inc. for Repeatedly Violating Antitrust Laws. Over the years, Werner Enterprises was steadily growing and is having now (2011) 7'300 Trucks (Tractors), 25'000 Trailers and 13'000 employees, Werner Ent. His wife, Helen Mellinger Werner survives. Civil Action No. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. Some photos, graphics, and other materials used on this website are copyrighted and used with permission or licensed for use on this website, but may not be copied and distributed without the copyright holders permission. Hes a thoughtful leader. International services are provided through Werner's domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Mr. Werner started his career as a truck driver at age 19 with one single truck. It will be hard for someone who dedicated the entirety of his life to making this company what it is to take a step back, Leathers said. You can help Wikipedia by expanding it. A .gov website belongs to an official government organization in the United States. 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. Clarence L. Werner, c/o Werner Enterprises, Inc., 14507 Frontier Road, Omaha, NE 68138 , Defendant. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. She was 79. Werners outlook on managing the company, Leathers said. Werners retirement, but also beyond the tenures of the current management team, himself included. 1:21-cv-03332 Judge: James E. Boasberg Start Printed Page 479 Complaint for Civil Penalties for Failure To Comply With the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act Werner Enterprises (NASDAQ: WERN) is owned by 85.74% institutional shareholders, 57.90% Werner Enterprises insiders, and 0.00% retail investors. In addition to her daughter, Werner is survived by her children Gary Werner, Greg Werner and Curt Werner; 12 grandchildren; and five great-grandchildren. Our success in reducing our carbon footprint has made us an industry leader, but sustainability is just the beginning. Brokerage Standard Terms & Conditions After submitting your request, you will receive an activation email to the requested email address. Smaller transactions may also be reportable under the Act due to the need to aggregate the new purchase with all current holdings. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Photo: Werner Enterprises Nebraska-based Werner Enterprises. Werner assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. 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. Werner stepped down from his role as executive chairman effective May 31, but will continue as. He was born in New Holland,the son of Mrs. Elizabeth King Weber, Ephrata, and the late Jeremiah Werner. He has been a Company director since that time and also served as President until 1984. Clarence L Werner is the face behind Werner Enterprises. 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.. Need to talk to an agent? Its truly the epitome of an American success story.. We celebrate 40-year anniversaries here on a fairly regular basis, Leathers said. Today, the 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 certain of his acquisitions of company stock while he was a director of the company violated the Hart-Scott-Rodino (HSR) Act. Box 45308 As our founder, Mr. Werner has been actively involved in the Companys business and operations since its inception over 60 years ago. 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. Box 64854 var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); She was so dedicated to her family, Werner-Robertson said. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. The most active insiders traders include Clarence L Werner, Gregory L Werner, and Gary L Werner. 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 . Notably, the agency alleged that several of the purchases were . He was born in 1937 in Nebraska, USA. googletag.pubads().enableSingleRequest(); Werner Enterprises CEO Derek Leathers in an exclusive interview with Transport Topics discussed how the principles established by company founder Clarence L. Werner who plans to step down as chairman of the board next year remain the foundation of how the company operates. Benefits of latest machine technology to improve fuel efficiency. to better communicate our successes and to help us identify new areas of focus for further improvement. On average, Werner Enterprises executives and independent directors trade stock every 34 days with the average trade being worth of $4,532,231. Visitation is scheduled for 5 p.m. Tuesday at St. Wenceslaus Catholic Church, 15353 Pacific St., with a vigil service at 7 p.m. A funeral Mass will be celebrated at 10:30 a.m. Wednesday at the church. Gloria Werner was always known as creative and tenacious. For those reasons, undue reliance should not be placed on any forward-looking statement. Complete the form below and well get in touch. By 1999, Werner had expanded its operations into Mexico, reaching one billion dollars in revenue. Official websites use .gov googletag.pubads().collapseEmptyDivs(); He operated Werner Enterprises as a sole proprietorship from 1956 until its incorporation in September 1982. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Type a symbol or company name. Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. MarketScreener: Created by Investors for Investors! Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. Hes maintained his CDL, Leathers noted. WERNER ENTERPRISES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Mr. Werner is the father of Gregory L. Werner. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. Gloria Werner's hard work a big part of trucking company's success. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling shareholder. Elogs weren t made for ppl like me who drives legal 100% of the time,but I am a casualty,all bc of this man and his outlaw company. The estimated Net Worth of Clarence L Werner is at least $603 Million dollars as of 10 December 2014. E-mail: invrelations@werner.com, Equiniti Trust Company 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 will remain as chairman through his current term, which expires in May 2021. Host Seth Clevenger chats with two 3PL executives who have had firsthand experience contending with this crisis. Leathers C.L. Excellence resale value for driver-preferred well-maintained trucks. Custom Solutions, Advantages Ive been here 21 years and yet I bring the average tenure of the executive team down, Leathers said, noting that it is not uncommon for people to remain with the company for 25 years or longer. But it didnt take over her whole life, so she had a good balance.. Phone: 1-800-468-9716. Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. OMAHA, Neb., June 03, 2020 (GLOBE NEWSWIRE) - Werner Enterprises, Inc. (Nasdaq: WERN) today announced the pricing of an underwritten public offering of 12,845,930 shares of its common stock by the Clarence L. Werner Revocable Trust, of which our founder Clarence L. Werner is the grantor and sole trustee, at a public offering price of $41.00 per share. 100-2065fthayer@werner.com. She packed the boys up with some unfolded laundry and sat in a customers lobby until she could see somebody about getting her check, her daughter Gail Werner-Robertson recalled. Clarence L. Werner serves as Chairman of the Board of the Company. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. They got a building full of number counters who think long time career drivers are too much of a expense when they can take no experienced steering wheel holders and replace them. Mr. Clarence L. Werner founded Werner Enterprises Inc. in 1956 and has been its Executive Chairman since May 10, 2016. 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, of which Mr. Werner is the grantor and sole trustee, subject to market conditions and other factors. Old werner slogan is werner cares needs to have to lie added to it. The Company is not selling any shares of common stock in the offering, and the Company will not receive any proceeds from the offering by the selling shareholder. googletag.cmd.push(function() { In connection with CL Werners 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, of which Mr. Werner is the grantor and sole trustee, subject to market conditions and other factors. [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. Leathers added C.L. By providing your email address below, you are providing consent to Werner Enterprises, Inc. to send you the requested Investor Email Alert updates. Werner Enterprises, Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the SEC) for the offering to which this communication relates. He has been a Company director since that time and also served as President until 1984. Please enable JavaScript on your browser and try again. Despite the companys growth over the years, C.L. She met Clarence Werner at the wedding of her brother and his sister, and a long distance courtship ensued. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Mr. Werner will continue to serve as Chairman of the board of directors through the end of his current term, which is expected to end in May 2021, and at that time it is expected that he will become Chairman Emeritus. Werner Enterprises executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Are you an organization or group who would like to request assistance from the Blue Brigade? Clarence L Werner Biography She just really left her schedule open so she could help like that., Werner also was a voracious reader interested in current affairs and politics, her daughter said. Mr. Werner owns over 48 units of Werner Enterprises stock worth over $371 and over the last 19 years he sold WERN stock worth over $600,746,837. Learn more about your rights as a consumer and how to spot and avoid scams. 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 . Phone: 800-228-2240 I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. So how are third-party logistics providers adapting to meet these challenges? The service requires full JavaScript support in order to view this website. }); Leathers joined the company in 1999 and was tapped to lead the carrier in 2016. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. Credit Application Create your Watchlist to save your favorite quotes on Nasdaq.com. On this week's episode of Idea Generation, renowned record producer Just Blaze explains how he built one of the most impressive resumes in music, taking us on a journey from his early days as a. 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 Search the Legal Library instead. The statue, funded by Buffett, is the first of Gibson in his hometown and . Werner was among the five largest truckload carriers in the United States in 2020. It didnt take long for her to get that check.. Find the resources you need to understand how consumer protection law impacts your business. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. 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. 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. Site Map The site is secure. She was very interested in her local community and what was going on and how she could be a good citizen.. He is the face of tiranny and evil,as far as I am concerned. COVID-19 has placed significant strain on many freight networks. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Frequently asked questions from carriers like you! Werners Blue Brigade is a team of compassionate and committed associates who volunteer their time and talent to serve the community. WERNER ENTERPRISES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Most recently he sold 14,130,523 units of WERN stock worth $579,351,443 on 8 June 2020. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Submit a Public Notice for Omaha World-Herald, By Paige Yowell / World-Herald staff writer, Leslie Arnold mystery solved: Man who died in Australia was enigmatic Nebraska fugitive, McKewon: Casey Thompson's departure, Nebraska's quarterback depth and coup of landing Jeff Sims, A new megadonor family is silently changing Nebraska political races, Built in the shape of a football with a soaring roof, 'Flying Nun' house is Bellevue icon, Six-week abortion ban dies in Nebraska Legislature, Nebraska Athletics parts ways with two veteran administrators, Nebraska quarterback Casey Thompson enters transfer portal, McKewon: Wisconsin's risky reset, Nebraska NFL draft takes and a fullback to watch, Dining Notes: New barbecue restaurant opens in Bellevue, Nebraska volleyball match at Memorial Stadium sells out in three days, Shatel: Casey Thompson is taking college athletics' merry-go-round the transfer portal, Creighton's Ryan Kalkbrenner enters NBA draft, Pospisil: Three new golf course gems made ranking Nebraska's best even tougher in 2023, With Jordan Larson on hand, Italy is perfect location for Elkhorn couple's wedding, Nebraska's point guard search continues as Hunter Sallis commits to Wake Forest, First Republic Bank to Be Sold to JPMorgan, Stock Market Today: Wall Street Rises to Cap a Winning April, Powerful New Obesity Drug Poised to Upend Weight Loss Care, Analyst Breaks Down Thursday's Market as Stocks Climb Amid Strong Tech Earnings. He was the third of seven children of his parents. In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. Apply To deliver world-class supply chain solutions to the global marketplace responsibly and safely while exceeding the expectations of our customers, shareholders and associates. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. Leathers on May 31 was named a member and vice chairman of the board by the board of directors, and C.L. is one of the five largest truck carriers in . Clarence L. Werner is the founder and longtime executive of Werner Enterprises Inc. (WEI), a publicly-traded truckload carrier company. C.L. Learn how and when to remove this template message, "Werner CEO Looks Back at Founder's Legacy", "Werner Enterprises, Inc, Form 10-K, Annual Report", "Werner Enterprises Reports Fourth Quarter and Annual 2021 Results", https://en.wikipedia.org/w/index.php?title=Werner_Enterprises&oldid=1144949503, This page was last edited on 16 March 2023, at 13:03. To find out how we are doing this, click here, 1444 Blairs Bridge Rd Lithia Springs, GA 30122 Local: (770) 739-3600 Toll Free: (800) 828-7556, 2215 Newlins Mill RoadEaston, PA 18045Toll Free: (800) 423-8296, 8701 Peterbilt Ave Dallas, TX 75241 Local: (972) 224-5353 Toll Free: (800) 433-5655, 9239 Hwy 85 Henderson, CO 80640 Local: (303) 286-0242 Toll Free: (800) 338-6177, 10251 Calabash Ave Fontana, CA 92335 Local: (909) 823-4995 Toll Free: (800) 255-2194, 13000 Gateway East Blvd Clint, TX 79836 Local: (915) 872-1279 Toll Free: (866) 262-9670, 879 Northwest Bell St.Lake City, FL 32055Local: 386-401-7124, 742 S Combee RdLakeland, FL 33801Local: (863) 666-3160, 1201 Carrier DrLaredo, TX 78045Local: (956) 717-0996, 4801 W Magnolia Phoenix, AZ85043 Local: (602) 455-3060 Toll Free: (800)-522-2668, 4395 Laybourne Rd Springfield, OH 45505 Local: (937) 325-5403 Toll Free: (800) 227-6640, 18673 Dix-ToledoBrownstown, MI 48193Local: (734) 282-3954, 14507 Frontier RdOmaha, NE 68138Local: (402) 895-6640Toll Free: (800) 228-2240, 1738 Terminal Ct.Joliet, IL 60436Local: (815) 733-4100, 2800 S Service RdWest Memphis, AR 72301Phone: 1-800-346-4861. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. On May 10, 2016, he stepped down as CEO and became Executive Chairman. 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. OMAHA, Neb. Werner will remain as chairman through his current term, which expires in May 2021. General Freight Trucking, Long-Distance, Truckload, United States Unopposed Motion and Memorandum in Support of Entry of Final Judgment, Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act, United States Explanation of Procedures Under the Antitrust Procedures and Penalties Act, Report Anticompetitive Conduct After a Natural Disaster. [Stay on top of transportation news: Get TTNews in your inbox.]. Clarence L. Werner,48, Barber, Dies Werner of 104 Washington Ave, Ephrata, died, in the Ephrata Community Hospital Tuesday morning after a lengthy illness. Cross-Border You have permission to edit this article. Final Judgment (April 20, 2022) United States' Unopposed Motion and Memorandum in Support of Entry of Final Judgment (April 20, 2022) Complaint for Civil Penalties for Failure to Comply with the Premerger Reporting and Waiting Requirements of the Hart-Scott Rodino Act (December 22, 2021) Stipulation and Order . 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. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. Type a symbol or company name. Werner also has a charitable side. She worked there until she retired from the business in 1984. In connection with this transition, the board of directors appointed Derek Leathers, the current Chief Executive Officer and President of the Company, as a member and Vice Chairman of the board of directors effective May 31, 2020. Any such updates or revisions may be made by filing reports with the U.S. Securities and Exchange Commission, through the issuance of press releases or by other methods of public disclosure. 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. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. googletag.pubads().enableSingleRequest(); Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. During the Great Depression years, poverty struck the family, and living conditions were tough.
Who Are The Jenkins Brothers In Rango,
Jesse Bless Of American Immigration Lawyers Association,
Articles C