clarence l werner

The service requires full JavaScript support in order to view this website. Site Map 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. He has been a Company director since that time and also served as President until 1984. Werner has also stayed focused on ensuring the companys long-term success once he steps down. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. Werner founded the company in 1956 at the age of 19 with a single truck. C.L. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. The company is not selling any shares in the offering and will not receive proceeds from the sale of Werners shares. 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.. Federal government websites often end in .gov or .mil. He served as Chairman Emeritus from May 2011 until August 2015, at which time he was elected as Chairman and assumed the responsibility of Chief Executive Officer. 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. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. Sadly they dont care about the long term drivers anymore. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Morgan Stanley is acting as the sole underwriter of the offering. }); googletag.cmd.push(function() { Werner will remain as chairman through his current term, which expires in May 2021. You must click the activation link in order to complete your subscription. Copyright 2023, All Rights Reserved, FreightWaves, Inc, CL Werner steps down as executive chairman of Werner Enterprises, Loaded & Rolling (Enterprise Fleet News/Analysis). 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. Werner ' s fleet of 5,500 trucks and 15,000 trailers serves the United States and Canada . Right on point. Search the Legal Library instead. 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. googletag.pubads().enableSingleRequest(); 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. [4], Werner's fleet consists of approximately 10,000 tractors, 26,000 trailers and employs 13,500 employees and independent contractors. 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. 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. He served as our Chief Executive Officer ("CEO") from 1984 until February 2007, and he was Chairman from 1984 until May 2011. Official websites use .gov Advantages The statue, funded by Buffett, is the first of Gibson in his hometown and . C.L. Werner has always remained connected to its roots, Leathers said. Equipment Sales, About Werner You can see the complete history of Mr. Werner stock trades at the bottom of the page. Event Type* Event Type*RecurringOne-Time, Pre-Qualify Now CDL Training Experienced Truck Drivers Available Truck Driver Jobs Veterans Owner Operators Opportunities Login, Dedicated One-Way Truckload Expedited Intermodal Temperature-Controlled Cross-Border Logistics Management Final Mile Freight Management & Custom Solutions, About Werner Investors Terminals Contact Logistics Blog Truck Driver Blog Werner EDGE Blog Podcasts Werner Store, Freight Quote Available Loads Become a Carrier Credit Application Werners Standard Rules Tariff Brokerage Standard Terms & Conditions Site Map Terms and Conditions Privacy Policy. They think a degree in management or logistics makes them better then the drivers and qualified to tell someone with no tickets, csa points or accidents how to drive. You will be redirected once the validation is complete. googletag.pubads().collapseEmptyDivs(); Shareowner Services Type a symbol or company name. 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. View the full 2020 CSR report here. 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. Werners Blue Brigade is a team of compassionate and committed associates who volunteer their time and talent to serve the community. 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 Clarence L. Werner is the founder and longtime executive of Werner Enterprises Inc. (WEI), a publicly-traded truckload carrier company. The Justice Department's Antitrust Division, at the request of the Federal Trade Commission (FTC), filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia against Clarence L. Werner (Werner). 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. Opportunities Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Mr. Werner started his career as a truck driver at age 19 with one single truck. [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. Leathers on May 31 was named a member and vice chairman of the board by the board of directors, and C.L. 100-2065fthayer@werner.com. 1444 Blairs Bridge Rd, Lithia Springs, GA 30122, USA, 2215 Newlins Mill Rd, Easton, PA 18045, USA, 8701 Peterbilt Ave, Dallas, TX 75241, USA, 9239 Brighton Rd, Henderson, CO 80640, USA, 10251 Calabash Ave, Fontana, CA 92335, USA, 13000 Gateway Blvd E, Clint, TX 79836, USA, 879 Northwest, Bell Rd, Lake City, FL 32055, USA, 4801 W Magnolia St, Phoenix, AZ 85043, USA, 4395 Laybourne Rd, Springfield, OH 45505, USA, 18673 Dix Toledo Rd, Brownstown Charter Twp, MI 48193, USA, 2800 S Service Rd, West Memphis, AR 72301, USA. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Driver Number 1 and mega-fleet founder Clarence "C.L." Werner is taking back the wheel at Werner Enterprises, replacing son Gary as chairman of the 7,000-truck carrier. would tell you it took decades to start gaining any real momentum and really start to see growth and a larger footprint.. Higher horsepower maintains consistent productivity over various road grades. She worked. Both carriers and customers consistently recognize Werner for our commitment to excellence in all that we do. For those reasons, undue reliance should not be placed on any forward-looking statement. Werner's founder, Clarence L. Werner, has stepped down, opening the door for current CEO Derek Leathers to fully take the reins. 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. But C.L. He served as our Chief Executive Officer (CEO) from 1984 until February 2007, and he was Chairman from 1984 until May 2011. [Stay on top of transportation news: Get TTNews in your inbox.]. 1971 C. L. makes his first big truck purchase of 10 Freightliners in 1971. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Hes always thinking way down the line, Leathers said. Today the carrier has more than 7,800 tractors in service, generating nearly $2.5 billion in revenue during 2019. window.googletag = window.googletag || {cmd: []}; Become a Carrier }); 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. Gloria Werner died Tuesday after a 17-month battle with lung cancer. Werner was in continuous violation of the HSR Act from May 14, 2007, when he acquired the Werner Inc. voting securities valued in excess of the HSR Act's $100 million filing threshold, as adjusted, through April 3, 2020, when the waiting period expired on his . Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. 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. Terms and Conditions, Werner Announces Planned Transition of its Founder and Related Proposed Secondary Offering of Common Stock, Beginning of a New Chapter as Werner Founder CL Werner Transitions, Governance Documents & Committee Composition. Werner founded Werner Enterprises in 1956 with a single truck purchased with proceeds from the sale of a family car. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Mr. Clarence L. Werner founded Werner Enterprises Inc. in 1956 and has been its Executive Chairman since May 10, 2016. 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. Clarence's mailing address filed with the SEC is PO BOX 45308, , OMAHA, NE, 68145. Leathers added C.L. She and her then-husband, Clarence L. Werner, founded Werner Enterprises in 1956 with one truck. 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. The HSR Act requires companies and individuals to report stock purchases over a certain threshold to the FTC and DOJ and wait before closing the transaction so that the federal agencies can investigate the potential competitive impact of the acquisition. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. 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. 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. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement, and other documents Werner Enterprises, Inc. has filed with the SEC for more complete information about Werner Enterprises, Inc. and the offering. I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. Contact us with any questions! googletag.pubads().collapseEmptyDivs(); Clarence has made over 16 trades of the Werner Enterprises stock since 2004, according to the Form 4 filled with the SEC. A lock (LockA locked padlock) or https:// means youve safely connected to the .gov website. Werner was among the five largest truckload carriers in the United States in 2020. Share sensitive information only on official, secure websites. Everyone today likes to focus on the highlights of these highly successful people and wants to rewrite history as if its an overnight success story, Leathers said. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. 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. 1964 In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. Expedited Please enable cookies on your browser and try again. 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. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Werners inaugural Corporate Social Responsibility Report is a culmination of the work weve been doing to carefully and strategically hone Werners commitment to ESG. Werner recommended to the board that Leathers be named chairman when his term ends next year. CLARENCE L. WERNER . 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. E-mail: invrelations@werner.com, Equiniti Trust Company The Clarence L. Werner Revocable Trust is also expected to grant the underwriter of the offering a 30-day option to purchase up to an additional 1,284,593 shares of common stock. 100-2065fthayer@werner.com, Werner Investor Relations 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 Contact the writer: 402-444-1414, paige.yowell@owh.com. Details can be seen in Clarence L Werner's Latest Holdings Summary section. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); He is the face of tiranny and evil,as far as I am concerned. The oldest executive at Werner Enterprises, Inc. is Clarence L. Werner, 83, who is the Founder & Chairman Emeritus. Excellence resale value for driver-preferred well-maintained trucks. Hes continued to drive a truck at points along the way.. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Type a symbol or company name. We work to advance government policies that protect consumers and promote competition. Werner Enterprises was founded by Clarence L. Werner in 1956. Increased driver satisfaction and retention. 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. 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. Temperature-Controlled googletag.enableServices(); Thats likely attributable to C.L. 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. Werners unwavering commitment to excellence drives every aspect of our business, leading the company to be one step ahead in an ever-changing industry. Omaha, NE 68145 The .gov means its official. Global Services He is expected to be named chairman emeritus once his term is over. Notably, the agency alleged that several of the purchases were . The Blue Brigade works with numerous organizations throughout the country each year, donating their personal time to help those in need. That still continues, Leathers said. 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 googletag.enableServices(); Clarence L. Werner serves as Chairman of the Board of the Company. 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. googletag.pubads().enableSingleRequest(); Cross-Border Our success in reducing our carbon footprint has made us an industry leader, but sustainability is just the beginning. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Defendant. OMAHA, Neb. In addition, he makes $1,787,390 as Chairman of the Board at Werner Enterprises. }); Leathers joined the company in 1999 and was tapped to lead the carrier in 2016. If you experience any issues with this process, please contact us for further assistance. 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. Mr. Werner is the father of Gregory L. Werner. Sign up for our newsletter to keep reading. International services are provided through Werners domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. 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. Box 45308 Resources Gloria Werner's hard work a big part of trucking company's success. A .gov website belongs to an official government organization in the United States. During the Great Depression years, poverty struck the family, and living conditions were tough. 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. After 20 + years driving, I am about to leave the professional driving slavery. Based in Richmond, VA, Todd is the finance editor at FreightWaves. Whether in the office or behind the wheel, join Werner today. As a person, when I think of him the word that comes to mind is hes humble.. Custom Solutions, Advantages 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. One-Way Truckload 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. In 2012 he was presented with the Horatio Alger Award, which recognizes business and community service efforts. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. You can help Wikipedia by expanding it. 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. Click for more FreightWaves articles by Todd Maiden. 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. As the Chairman of the Board of Werner Enterprises, the total compensation of Clarence Werner at Werner Enterprises is $1,787,390. She worked there until she retired from the business in 1984. For those reasons, undue reliance should not be placed on any forward-looking statement. To find out more about WernerBlue, including our recent milestone successes as well as future goals, visit our ESG section by clicking the Learn More button below. The most recent stock trade was executed by Carmen A Tapio on 11 August 2022, trading 1,170 units of WERN stock currently worth $49,374. St. Paul, MN 55164-0854 Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Werner Enterprises, Inc., headquartered in Omaha, Nebraska, is the fourth largest trucking company in the United States. An official website of the United States government. Most recently he sold 14,130,523 units of WERN stock worth $579,351,443 on 8 June 2020. Want more news? Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. He has been a Company director since that time and also served as President until 1984. www.fleetowner.com is using a security service for protection against online attacks. Leathers noted he has done a lot to give back to the community. 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. Contact Secure .gov websites use HTTPS 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. Clarence Werner is 82, he's been the Chairman of the Board of Werner Enterprises since 2020. Logistics 1975 Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. 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. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. 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. Gloria Werner was always known as creative and tenacious. She was so dedicated to her family, Werner-Robertson said. googletag.cmd.push(function() { 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. When you look at that face,keep in mind that that is the face greatly responsible for the elogs crap,his drivers were driving like bandits,about to shut down by the D.O.T. We celebrate 40-year anniversaries here on a fairly regular basis, Leathers said. Its truly the epitome of an American success story.. Phone: 800-228-2240 The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Hes a thoughtful leader. Create your Watchlist to save your favorite quotes on Nasdaq.com. Credit Application

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