YRC's top executives earn big increases in total compensation in 2014

YRC Worldwide Inc.'s top executives received large increases in total compensation in 2014, according to the company's annual proxy statement.

On Tuesday afternoon, the Overland Park-based less-than-truckload carrier filed its annual proxy statement with the Securities and Exchange Commission. The filing disclosed the amount paid to YRC's top executives and directors in 2014.

In 2014, the following executives received greater compensation than in 2013:

• CEO James Welch earned $10,795,025, an increase of more than $8.6 million over the $2,170,630 Welch received in 2013

• CFO Jamie Pierson earned $6,985,251, an increase of more than $4.9 million over the $1,999,223 Pierson received in 2013

• Michelle Friel, executive vice president, general counsel and secretary at YRC Worldwide, earned $1,881,929, an increase of $915,769 over the $966,160 Friel received in 2013. She left YRC in January

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