FORWARD AIR CORPORATION (NASDAQ:FWRD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) & (c)
On July 20, 2017, Michael P. McLean, Vice President, Chief Accounting Officer and Controller of Forward Air Corporation (the “Company”) informed the Company that he was resigning from his position to pursue other opportunities, effective as of August 9, 2017. Mr. McLean’s departure did not involve any disagreement with the Company, the Company’s management or the Company's Board of Directors.
Upon Mr. McLean’s departure, the Company’s Senior Vice President, Chief Financial Officer and Treasurer, Mr. Michael J. Morris, will assume responsibility as the Company’s principal accounting officer. Biographical and other information regarding Mr. Morris is set forth in the Company’s Proxy Statement for its 2017 Annual Meeting of Shareholders as filed with the Securities and Exchange Commission on March 30, 2017 and such information is hereby incorporated by reference. Mr. McLean and Mr. Morris will work together to ensure a smooth transition of the Company’s accounting responsibilities.
About FORWARD AIR CORPORATION (NASDAQ:FWRD)
Forward Air Corporation offers services, which are classified into three segments: Forward Air, Forward Air Solutions (FASI) and Total Quality (TQI). The Company, through its three segments, offers a range of logistic and other services, including expedited full truckload (TLX), pick-up and delivery (Forward Air Complete), pool distribution, temperature-controlled truckload, warehousing, customs brokerage and shipment consolidation and handling. The Forward Air segment provides time-definite transportation and related logistics services to the North American deferred air freight market. The FASI segment provides pool distribution services through a network of terminals and service locations in over 30 cities throughout the Mid-Atlantic, Southeast, Midwest and Southwest continental United States. The TQI segment provides security and temperature-controlled logistics services, primarily truckload services, to the pharmaceutical and other life science industries.