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.
On October 20, 2017, Thomas S. Albrecht resigned, effective immediately, from the Board of Directors (the “Board”) of Forward Air Corporation (the “Company”) following his appointment as Executive Vice President – Chief Financial Officer and Chief Strategy Officer of Celadon Group, Inc. Mr. Albrecht’s departure did not involve any dispute or disagreement with the Company, the Company’s management or the Company's Board.
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.
