J.B. Hunt Announces Shelley Simpson as Chief Executive Officer, President - Seite 3

Retiring from the Board before reaching the company’s Director age-limitations, Thompson and Garrison will not stand for re-election at the company’s annual Shareholders meeting to allow for additional independent directors to join the Board in the future. In January 2024, the Board welcomed Pat Ottensmeyer, former chief executive officer and president of the Kansas City Southern Railroad, as a newly appointed independent director, following the addition of two other independent Directors in recent years, Thad Hill and Persio Lisboa.

“These Board and management changes reflect our commitment to developing strong leadership, listening to our stakeholders, and enhancing our corporate governance, particularly regarding Board independence, while retaining the significant value our long-standing leaders provide,” said Roberts. “Through their decades of influence, Kirk and Wayne have instilled a culture of growth, leadership, respect and success in the company’s management and employees during its over 60-year history. Retaining their guidance and influence supports the continuity and stability of the Hunt family’s founding ownership interest in the company.”

About J.B. Hunt

J.B. Hunt’s vision is to create the most efficient transportation network in North America. The company’s industry-leading solutions and mode-neutral approach generate value for customers by eliminating waste, reducing costs and enhancing supply chain visibility. Powered by one of the largest company-owned fleets in the country and third-party capacity through its J.B. Hunt 360° digital freight marketplace, J.B. Hunt can meet the unique shipping needs of any business, from first mile to final delivery, and every shipment in-between. Through disciplined investments in its people, technology and capacity, J.B. Hunt is delivering exceptional value and service that enable long-term growth for the company and its stakeholders.

J.B. Hunt Transport Services Inc. is a Fortune 500 company, an S&P 500 company and a component of the Dow Jones Transportation Average. Its stock trades on NASDAQ under the ticker symbol JBHT. J.B. Hunt Transport Inc. is a wholly owned subsidiary of JBHT. The company’s services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, transload and more. For more information, visit www.jbhunt.com.

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The J.B.Hunt Transport Services Stock at the time of publication of the news with a fall of -0,74 % to 188,0EUR on Tradegate stock exchange (29. Februar 2024, 10:15 Uhr).