Monday, March 7, 2011

YRC Worldwide Shares Drop After CFO Resigns

Shares of YRC Worldwide (NASDAQ: YRCW) slumped as much as 5% on on Monday after the struggling trucking company said that its chief financial officer Sheila Taylor is stepping down effective March 31. Ms. Taylor has been CFO since October 2009 and prior to that was Vice President of Investor Relations and Treasurer. Board member William Trubeck will take over as interim executive vice president and chief financial officer while the company completes its restructuring efforts, YRC said.

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