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YRC board of directors names Williamson chief strategy officer
By Marisa Wong
Milwaukee, Aug. 26 - YRC Worldwide Inc.'s board of directors elected Alvarez & Marsal managing director Richard Williamson as the company's chief strategy officer, according to an 8-K filing Wednesday with the Securities and Exchange Commission.
As chief strategy officer, Williamson will coordinate and oversee YRC's "continued recovery efforts."
The board's decision was made last Thursday.
Williamson and Alvarez & Marsal were retained in early 2009, along with Tenex Capital Management, to assist YRC in drawing up and implementing a plan to address its capital structure and liquidity.
YRC is a transportation service provider headquartered in Overland Park, Kan.
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