The following is a statement from Teamsters General President Jim Hoffa on YRCW’s new CEO and board of directors:
“The Teamsters Union is pleased to welcome James L. Welch to the position of CEO of YRC Worldwide Inc. and new board members Harry J. Wilson and Doug Carty. On behalf of our members, we insisted on playing a key role in the decisions regarding the selection of new management and the new board of directors of YRCW.
“We encouraged consideration of candidates that had relevant industry operating experience so the company can turn its full attention to its operations. We also encouraged consideration of candidates with experience in dealing with the company's labor partners in an honest and respectful manner.
“We are very pleased that the new YRCW board of directors was seated and has selected Mr. Welch, who we believe is the most qualified person to lead YRCW forward. We look forward to working with Mr. Welch and the new board to help guide YRCW’s sustained success and build on the momentum of this restructuring.”