Comment on YRC Worldwide ramps up cash pay for its directors

YRC Worldwide ramps up cash pay for its directors

YRC Worldwide Inc. is giving the members of its board of directors a raise. The Overland Park-based trucking company (Nasdaq: YRCW), which has been trying to recover from a recessionary brush with bankruptcy, said in a late Wednesday filing with the Securities and Exchange Commission that it will pay its board members an annual cash retainer of $75,000, plus $10,000 a year extra for committee chairmen and $15,000 extra for the head of the audit/ethics committee.

 

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