YRC Worldwide Inc (YRCW)

[yesmistermorningstar]

I am with you and in the same disappointing position of being down for a considerable amount. Just a fraction of your investment but a lot of money for me. I believed Welch would make the turnaround beginning 2015 but am very disappointed as he did not although the board of directors claims he did changed his contract and awarded him with all the shares he was entitled to for the coming 3 years. I see you are also on the truckingboard and have seen how this allocation made Welch the number 1 earning CEO in Kansas. It is unbelievable but true, the CEO of a company that still loses tens of millions every quarter and is 1 billion in debt is the number 1 earner in Kansas. We have seen it before but I trusted that a company like YRCW would not let this happen while the employees gave 15% of their salaries to save the company. I think it is time for Welch to leave and suspect him to sell his bulk of shares before the end of the year and somebody else can clean up the mess. Welch sounded very tired and uninspired last CC, maybe also disappointed too. I call on Welch to give back his earnings of last year and give it a new try or give up and retire. I am ashamed of the management and do not understand how the union can accept this all. Where did the 15% salary deduction go ? Tell your employees where it went and become a honest and respected leader. Welch has to be challenged now as he holds the key. USD 10.000.000 personal earnings in one year is just too much. You can eat the cake but you can't own it. Read it here and tell me what you think: http://www.kansascity.com/news/business/workplace/article21421857.html