clarence l werner
Hes continued to drive a truck at points along the way.. 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 . 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. 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. Shareowner Services Despite the companys growth over the years, C.L. 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. Our success in reducing our carbon footprint has made us an industry leader, but sustainability is just the beginning. Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. 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. View the full 2020 CSR report here. 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()); She was 79. [Stay on top of transportation news: Get TTNews in your inbox.]. Logistics Excellence resale value for driver-preferred well-maintained trucks. He served as our Chief Executive Officer (CEO) from 1984 until February 2007, and he was Chairman from 1984 until May 2011. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Find legal resources and guidance to understand your business responsibilities and comply with the law. That still continues, Leathers said. Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. Find the resources you need to understand how consumer protection law impacts your business. Werner Enterprises stated that it had 2021 revenues of $2.7 billion and over 13,500 employees and contractors. Werner will remain as chairman through his current term, which expires in May 2021. 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. To deliver world-class supply chain solutions to the global marketplace responsibly and safely while exceeding the expectations of our customers, shareholders and associates. His wife, Helen Mellinger Werner survives. U.S. v. Clarence L. Werner. After submitting your request, you will receive an activation email to the requested email address. 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. It didnt take long for her to get that check.. Advantages He was. In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. 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. googletag.pubads().collapseEmptyDivs(); would tell you it took decades to start gaining any real momentum and really start to see growth and a larger footprint.. Contact 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. Increased driver satisfaction and retention. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. 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. 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). Do Not Sell My Personal Information (CA Residents Only). We celebrate 40-year anniversaries here on a fairly regular basis, Leathers said. Leathers C.L. In 1977 the company moved to Omaha, where Gloria Werner lived out the rest of her life. Photo: Werner Enterprises Nebraska-based Werner Enterprises. 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. [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. On average, Clarence trades about 373,335 units every 132 days since 2004. Details can be seen in Clarence L Werner's Latest Holdings Summary section. 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. Gloria Werner started out doing the bookkeeping, and eventually oversaw financial transactions and handled regulatory reporting to various government agencies. Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. Cross-Border 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: []}; Werners Blue Brigade is a team of compassionate and committed associates who volunteer their time and talent to serve the community. Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. Werner Enterprises has a strong foundation of driving greater sustainability throughout our over 65-year history. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. 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. Thats likely attributable to C.L. Expedited CL WERNER FOUNDATION VALLEY, NE 68064-6603 | Tax-exempt since June 2010 EIN: 26-3839487 Classification ( NTEE ) Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking. Old werner slogan is werner cares needs to have to lie added to it. He is expected to be named chairman emeritus once his term is over. 100-2065fthayer@werner.com. Please enable cookies on your browser and try again. COMPETITIVE IMPACT STATEMENT . When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 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. Search the Legal Library instead. Clarence's mailing address filed with the SEC is PO BOX 45308, , OMAHA, NE, 68145. Global 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. In addition to her daughter, Werner is survived by her children Gary Werner, Greg Werner and Curt Werner; 12 grandchildren; and five great-grandchildren. He was born in New Holland,the son of Mrs. Elizabeth King Weber, Ephrata, and the late Jeremiah Werner. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. CL Werner started hauling cargo for other companies, building the company one truck at a time, hauling in regional areas. Looking for legal documents or records? During the Great Depression years, poverty struck the family, and living conditions were tough. Werners Standard Rules Tariff Apply Werners outlook on managing the company, Leathers said. Werner Enterprises, Inc.'s common stock trades on the NASDAQ Global Select MarketSM under the symbol 'WERN'. Werners unwavering commitment to excellence drives every aspect of our business, leading the company to be one step ahead in an ever-changing industry. The press release said that Morgan Stanley is acting as the sole underwriter in the transaction. 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. Phone: 800-228-2240 Civil Action No. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner Enterprises, Inc., headquartered in Omaha, Nebraska, is the fourth largest trucking company in the United States. Mr. Werner started his career as a truck driver at age 19 with one single truck. Werner was born Oct. 27, 1934, on her familys farm in Petersburg, Nebraska. 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. 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. 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. They married and settled in Council Bluffs, where they founded Werner Enterprises. She was very interested in her local community and what was going on and how she could be a good citizen.. Create your Watchlist to save your favorite quotes on Nasdaq.com. Hes built schools and churches and made major contributions to medical centers. 2023, Nasdaq, Inc. All Rights Reserved. Clarence L Werner Biography Clarence L Werner is the Chairman of Werner Enterprises Inc and owns about 3,028 shares of Werner Enterprises Inc (WERN) stock worth over $142,619 . These symbols will be available throughout the site during your session. One-Way Truckload Werner Enterprises (NASDAQ: WERN) is owned by 85.74% institutional shareholders, 57.90% Werner Enterprises insiders, and 0.00% retail investors. P.O. Clarence L. Werner is the founder and longtime executive of Werner Enterprises Inc. (WEI), a publicly-traded truckload carrier company. Gloria Werner died Tuesday after a 17-month battle with lung cancer. 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. The service requires full JavaScript support in order to view this website. For those reasons, undue reliance should not be placed on any forward-looking statement. 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. The company is not selling any shares in the offering and will not receive proceeds from the sale of Werners shares. Such forward-looking statements are based on information presently available to Werners management and are current only as of the date made. 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. Are you an organization or group who would like to request assistance from the Blue Brigade? Intermodal Werner stepped down from his role as executive chairman effective May 31, but will continue as. 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 $600,746,837. Werner has recommended that Leathers be named chairman once his term expires, in addition to Leathers current company leadership responsibilities. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Opportunities Hes a thoughtful leader. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); Werner Enterprises, Inc.s common stock trades on the Nasdaq Global Select MarketSMunder the symbol WERN. Leathers added C.L. Same goes for the rest of the mega-$lavery companies. 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 Type a symbol or company name. Whether in the office or behind the wheel, join Werner today. C.L. 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. Clarence has made over 16 trades of the Werner Enterprises stock since 2004, according to the Form 4 filled with the SEC. E-mail: invrelations@werner.com, Equiniti Trust Company 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. Host Seth Clevenger chats with two 3PL executives who have had firsthand experience contending with this crisis. 1971 C. L. makes his first big truck purchase of 10 Freightliners in 1971. Please subscribe to keep reading. The statue, funded by Buffett, is the first of Gibson in his hometown and . Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Complete the form below and well get in touch. 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. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. Morgan Stanley is acting as the sole underwriter of the offering. By providing your email address below, you are providing consent to Werner Enterprises, Inc. to send you the requested Investor Email Alert updates. Share sensitive information only on official, secure websites. googletag.enableServices(); 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. 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 served as our Chief Executive Officer ("CEO") from 1984 until February 2007, and he was Chairman from 1984 until May 2011. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. }); googletag.cmd.push(function() { Diversity contributes to innovation and connects us to the many communities we serve. For those reasons, undue reliance should not be placed on any forward-looking statement. The most active insiders traders include Clarence L Werner, Gregory L Werner, and Gary L Werner. There is no future nor money in transportation! Mr. Clarence L. Werner founded Werner Enterprises Inc. in 1956 and has been its Executive Chairman since May 10, 2016.
How To Open Gas Tank On 2022 Subaru Outback,
Truro College Staff List,
Articles C