Rush Enterprises, Inc. (NASDAQ:RUSHA) 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 April 1, 2017, the Board of Directors of Rush Enterprises, Inc. (the “Company”) approved a new base salary of $435,164 for Derrek Weaver, Executive Vice President, effective as of April 1, 2017. Mr. Weaver’s new base salary is reflective of his recent promotion to Executive Vice President. The base salaries for the remaining named executive officers of the Company will remain the same.
About Rush Enterprises, Inc. (NASDAQ:RUSHA)
Rush Enterprises, Inc. is a retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. The Company, through its Rush Truck Centers, offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus or Blue Bird. At its Rush Truck Centers, the Company offers third party financing to assist customers in purchasing new and used commercial vehicles. Additionally, the Company sells, as agent through its insurance agency, a line of property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance and credit life insurance. Rush Enterprises, Inc. (NASDAQ:RUSHA) Recent Trading Information
Rush Enterprises, Inc. (NASDAQ:RUSHA) closed its last trading session down -0.34 at 32.74 with 345,956 shares trading hands.