Werner will remain as chairman through his current term, which expires in May 2021. he and his log dept deviced the evil scheme that has been getting worse ever since. Competitive Impact Statement: U.S. v. Clarence L. Werner The Blue Brigade works with numerous organizations throughout the country each year, donating their personal time to help those in need. Werners Standard Rules Tariff Are you an organization or group who would like to request assistance from the Blue Brigade? Werner Enterprises, Inc., headquartered in Omaha, Nebraska, is the fourth largest trucking company in the United States. I kind of like to think of her as one of the first real working women executives, Werner-Robertson said. Leathers C.L. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. The company also announced that nearly 13 million shares of Werners common stock held in a revocable trust was registered for sale in a public offering. Find legal resources and guidance to understand your business responsibilities and comply with the law. 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. 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. Werners inaugural Corporate Social Responsibility Report is a culmination of the work weve been doing to carefully and strategically hone Werners commitment to ESG. A .gov website belongs to an official government organization in the United States. You must click the activation link in order to complete your subscription. 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. 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. For those reasons, undue reliance should not be placed on any forward-looking statement. Cl Werner, Werner Enterprises Inc: Profile and Biography He has been a Company director since that time and also served as President until 1984. COVID-19 has placed significant strain on many freight networks. The estimated Net Worth of Clarence L Werner is at least $603 Million dollars as of 10 December 2014. Federal government websites often end in .gov or .mil. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Werner has also stayed focused on ensuring the companys long-term success once he steps down. Werner was born Oct. 27, 1934, on her familys farm in Petersburg, Nebraska. Expedited In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. U.S. v. Clarence L. Werner | ATR | Department of Justice In 1977, Werner Enterprises moved its corporate headquarters to its current location in Omaha, Nebraska. The service requires full JavaScript support in order to view this website. Please enable cookies on your browser and try again. Werner Enterprises now operates internationally and has about 13,000 employees and independent contractors. Clarence L Werner Net Worth (2023) - GuruFocus.com Sign up for our newsletter to keep reading. NO,I don t drive illegally,neither did I back when,but I saw his drivers in violation after violation and accidents. }); googletag.cmd.push(function() { 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. Site Map 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. 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 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. Clarence Werner Net Worth (2023) | wallmine 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. Clarence L. Werner,48, Barber, Dies Werner of 104 Washington Ave, Ephrata, died, in the Ephrata Community Hospital Tuesday morning after a lengthy illness. 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 . Werner Enterprises is a transportation and logistics leader, with more than 8,000 trucks, 24,000 trailers and nearly 13,000 employees. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. 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 . Werner Enterprises, Inc.'s common stock trades on the NASDAQ Global Select MarketSM under the symbol 'WERN'. There is no future nor money in transportation! During the Great Depression years, poverty struck the family, and living conditions were tough. She was 79. Werner Enterprises Founder Steps Down, Common Stock Offering Proposed Leathers added C.L. 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. 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 Provide better on-time service to customers and less downtime. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. C.L. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. www.fleetowner.com is using a security service for protection against online attacks. Brokerage Standard Terms & Conditions In addition, he makes $1,787,390 as Chairman of the Board at Werner Enterprises. gptAdSlots.push(gptSlot); Despite the companys growth over the years, C.L. You will be redirected once the validation is complete. Current CEO and President Derek Leathers has been appointed to the board as a member and vice chairman. 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. Clarence L. Werner serves as Chairman of the Board of the Company. At that time, the company expects he will become Chairman Emeritus. Cross-Border FTC Fines Founder of the Truckload Carrier Werner Enterprises for After submitting your request, you will receive an activation email to the requested email address. Today, Werner is a global company with 8,000 trucks and nearly 13,000 employees. Civil Action No. Phone: 800-228-2240 Clarence L. Werner serves as Chairman of the Board of the Company. 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 Benefits of latest machine technology to improve fuel efficiency. Clarence L. Werner is the largest individual Werner Enterprises shareholder, owning 21.63M shares representing 34.20% of the company. Werner Enterprises Transportation and Logistics Leader Clarence Werner Net Worth (2023) | wallmine Founder C.L. Werner back as chairman at Werner Enterprises Our terminals provide drivers comfort and support while also ensuring our top of the equipment remains in optimal driving condition for safety and efficiency. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Video resources including how-to guides and more. [1] In 1964, CL moved his company out of his home and into a shop in Council Bluffs, Iowa. 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. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. For those reasons, undue reliance should not be placed on any forward-looking statement. Create your Watchlist to save your favorite quotes on Nasdaq.com. 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. Werner Enterprises Stock Ownership - WallStreetZen Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. So how are third-party logistics providers adapting to meet these challenges? 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's mailing address filed with the SEC is PO BOX 45308, , OMAHA, NE, 68145. The statue, funded by Buffett, is the first of Gibson in his hometown and . Mr. Clarence L. Werner founded Werner Enterprises Inc. in 1956 and has been its Executive Chairman since May 10, 2016. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. You can see the complete history of Mr. Werner stock trades at the bottom of the page. Gloria Werner's hard work a big part of trucking company's success Learn more about your rights as a consumer and how to spot and avoid scams. 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. googletag.pubads().collapseEmptyDivs(); Werner Enterprises was founded by Clarence L. Werner in 1956. In addition, the Clarence L. Werner . As our founder, Mr. Werner has been actively involved in the Companys business and operations since its inception over 60 years ago. Whether in the office or behind the wheel, join Werner today. Leathers on May 31 was named a member and vice chairman of the board by the board of directors, and C.L. 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. Clarence L. Werner Founder and Executive Chairman 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). After 20 + years driving, I am about to leave the professional driving slavery. Available Loads He was born in New Holland,the son of Mrs. Elizabeth King Weber, Ephrata, and the late Jeremiah Werner. [3], In 1956, Clarence "CL" Werner sold his family vehicle for a Ford Motor Company gasoline-powered truck, and began hauling cargo for other companies. Compensation Information for , of WERNER ENTERPRISES INC - Salary.com 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. In addition to her daughter, Werner is survived by her children Gary Werner, Greg Werner and Curt Werner; 12 grandchildren; and five great-grandchildren. Significant fines imposed in HSR failure to file actions - Dechert 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. 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. Today, over 65 years since CLs journey began, Werner Enterprises, Inc. is an asset-based logistics provider and one of the five largest truckload carriers in the United States. 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. Clarence L Werner - Bio, Net Worth & Business Detail - Trucking Monitor }); 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 founder to pay nearly $487k in fines to FTC for alleged In 2012 he was presented with the Horatio Alger Award, which recognizes business and community service efforts. Strength of Werner - Strengthens Your Business Werner Terminals As part of our 5Ts + S initiative, we have made substantial investments into our terminal network. She and her then-husband, Clarence L. Werner, founded Werner Enterprises in 1956 with one truck. Founder Clarence L. (CL) Werner purchased a Ford gasoline-powered truck and entered the trucking business in 1956. The site is secure. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Search the Legal Library instead. Copyright 2023, All Rights Reserved, FreightWaves, Inc, CL Werner steps down as executive chairman of Werner Enterprises, Loaded & Rolling (Enterprise Fleet News/Analysis). They married and settled in Council Bluffs, where they founded Werner Enterprises.