Kirk Thompson, Wayne Garrison to take advisory
roles as Honorary Founding Directors
J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the
largest supply chain solutions providers in North America,
announced today the appointment of Shelley Simpson as chief
executive officer and president of the company, along with her
nomination for election to the company’s Board of Directors.
Simpson has served as the company’s president since August 1,
2022.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240229750287/en/
J.B. Hunt Announces Shelley Simpson as
Chief Executive Officer, President (Photo: Business Wire)
The company also announced that Kirk Thompson, current executive
chairman of the Board, along with Wayne Garrison, will both retire
from the company’s Board of Directors and will take newly formed
Board advisory roles as Honorary Founding Directors.
John N. Roberts, III, outgoing chief executive officer, will
assume the role of executive chairman of the Board upon Kirk
Thompson’s retirement from the Board. The changes are part of the
company’s succession planning and Board development to support
future growth and shareholder confidence.
“I am so happy to know Kirk and Wayne will remain involved as
advisors beyond their service as directors, and I am excited to
congratulate John and Shelley on their new leadership roles,” said
Johnelle Hunt, co-founder of J.B. Hunt. “I care deeply about the
long-term success of the company, and these changes give me great
confidence in the company’s ability to continue to prosper well
into the future.”
The Board of Directors appointed Shelley Simpson, 52, as company
chief executive officer and president, effective July 1, 2024, and
nominated her for election to the Board at the company’s upcoming
annual shareholders’ meeting in April 2024. The Board also approved
the retirements of Thompson and Garrison at the end of their
current terms and approved their appointment as non-voting Honorary
Founding Directors.
"Shelley challenges us to be excellent and innovative and always
in pursuit of customer value. She will continue to remain focused
on disciplined investments to drive appropriate returns and
long-term growth for the benefit of our people, customers and
shareholders,” said Roberts. “These steps help to ensure the
culture and innovative growth mindset that has been so vital to the
success of our company remains strong and intact to support the
vision and the values of the Company for the foreseeable
future.”
Simpson’s career at J.B. Hunt spans nearly 30 years, where she
served in a wide range of executive leadership roles focused on
delivering on the company’s vision to create the most efficient
transportation network in North America. In 2007, Simpson helped
found Integrated Capacity Solutions (ICS) and was named president
of the business unit. She assumed sales and marketing executive
responsibilities in 2011 as chief marketing officer and took on
additional leadership roles in 2014 when she was named president of
J.B. Hunt’s Truckload business segment. She was named chief
commercial officer and president of Highway Services in 2017 and
led the strategic direction and launch of the J.B. Hunt 360°®
platform. In 2020, Simpson added responsibilities for people and
human resources, and was named president in 2022.
“J.B. Hunt is recognized as a leader in the transportation
industry. We’re known for our highly talented and experienced
people, and I’m honored to have the opportunity to work alongside
the very best,” said Simpson. “Kirk, Wayne and John are not only
great leaders, but they understand the importance of building great
leaders, and how that creates stability, opportunities for growth
and ultimately drives long-term success for a company. They’ve
grown a culture of integrity and respect, of innovation, safety and
excellence, and I am profoundly grateful for the impact they’ve had
and will continue to have on the company.”
The creation of the Honorary Founding Director positions for
Thompson, a Director since 1985, and Garrison, a Director since
1981, will help preserve the invaluable experiences these founding
executives have to contribute for years to come. Thompson joined
the company in 1973 and served as president and chief executive
officer from 1987 through 2010. Garrison joined the company in
1976, becoming its president in 1982 and chief executive officer in
1985, and served as Chairman of the Board from 1995 to 2010.
“As demonstrated by their long-standing dedication and service
to the company, both Wayne and Kirk have substantial experience and
institutional knowledge with respect to the company and its
business, operations, governance and market position that cannot be
replaced. They have led the company as directors and executive
officers through periods of exponential growth and success and
remain highly regarded and trusted advisors in the eyes of
management, the Board and the company’s largest shareholder and
founder, Johnelle Hunt,” said Roberts. “We are thankful for their
willingness to assume these newly created roles and look forward to
continuing to gain from their experiences of starting and running
the company with the Hunt family for now over 50 years. We are
fortunate to retain their extensive experience and insights.”
Retiring from the Board before reaching the company’s Director
age-limitations, Thompson and Garrison will not stand for
re-election at the company’s annual Shareholders meeting to allow
for additional independent directors to join the Board in the
future. In January 2024, the Board welcomed Pat Ottensmeyer, former
chief executive officer and president of the Kansas City Southern
Railroad, as a newly appointed independent director, following the
addition of two other independent Directors in recent years, Thad
Hill and Persio Lisboa.
“These Board and management changes reflect our commitment to
developing strong leadership, listening to our stakeholders, and
enhancing our corporate governance, particularly regarding Board
independence, while retaining the significant value our
long-standing leaders provide,” said Roberts. “Through their
decades of influence, Kirk and Wayne have instilled a culture of
growth, leadership, respect and success in the company’s management
and employees during its over 60-year history. Retaining their
guidance and influence supports the continuity and stability of the
Hunt family’s founding ownership interest in the company.”
About J.B. Hunt
J.B. Hunt’s vision is to create the most efficient
transportation network in North America. The company’s
industry-leading solutions and mode-neutral approach generate value
for customers by eliminating waste, reducing costs and enhancing
supply chain visibility. Powered by one of the largest
company-owned fleets in the country and third-party capacity
through its J.B. Hunt 360°® digital freight marketplace, J.B. Hunt
can meet the unique shipping needs of any business, from first mile
to final delivery, and every shipment in-between. Through
disciplined investments in its people, technology and capacity,
J.B. Hunt is delivering exceptional value and service that enable
long-term growth for the company and its stakeholders.
J.B. Hunt Transport Services Inc. is a Fortune 500 company, an
S&P 500 company and a component of the Dow Jones Transportation
Average. Its stock trades on NASDAQ under the ticker symbol JBHT.
J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The
company’s services include intermodal, dedicated, refrigerated,
truckload, less-than-truckload, flatbed, single source, last mile,
transload and more. For more information, visit www.jbhunt.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240229750287/en/
Brad Delco Senior Vice President – Finance investors@jbhunt.com
Brittnee Davie Vice President – Marketing press@jbhunt.com
J B Hunt Transport Servi... (NASDAQ:JBHT)
過去 株価チャート
から 4 2024 まで 5 2024
J B Hunt Transport Servi... (NASDAQ:JBHT)
過去 株価チャート
から 5 2023 まで 5 2024