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Werner Enterprises, Inc. (WERN)

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Werner Enterprises, Inc.

14507 Frontier Road
Omaha, NE 68138
United States
402-895-6640
http://www.werner.com

SectorServices
IndustryTrucking
Full Time Employees11,738

Key Executives

NameTitlePayExercisedAge
Mr. Clarence L. WernerFounder and Exec. Chairman12.47kN/A79
Mr. Derek J. LeathersChief Exec. Officer and Pres1.12MN/A47
Mr. John J. SteeleChief Financial Officer, Exec. VP and Treasurer368.35kN/A59
Mr. H. Marty NordlundChief Operating Officer and Sr. Exec. VP540.07kN/A55
Mr. James L. JohnsonChief Accounting Officer, Exec. VP and Corp. Sec.395.84kN/A53
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, China, and Australia. It operates through two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates medium-to-long-haul van fleet, which transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet that offers time-sensitive truckload services using driver teams; and regional short-haul fleet, which provides comparable truckload van service in the United States. This segment also offers truckload services dedicated to a specific customer, including services for products requiring specialized trailers, such as flatbed or temperature-controlled trailers. This segment transports retail store merchandise, consumer products, grocery products, and manufactured products. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; and management of shipments from origin to destination using a combination of air, ocean, truck, and rail transportation modes. As of December 31, 2016, the company had a fleet of 7,100 trucks, which included 6,305 company-operated, as well as 795 owned and operated by independent contractors; 24,350 company-owned trailers that comprised 22,763 dry vans, 208 flatbeds, 1,333 temperature-controlled trailers, and 46 specialized trailers; and 74 intermodal drayage trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.

Corporate Governance

Werner Enterprises, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 5. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.