---
schema_version: "secwatch.filing_event.v1"
accession: "0000793074-22-000008"
form_type: "8-K"
ticker: "WERN"
cik: "0000793074"
company_name: "WERNER ENTERPRISES INC"
filed_at: "2022-02-11T23:59:59+00:00"
generated_at: "2026-06-27T08:55:59.290633+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Director Timmerman retires; Werner sets CEO base salary $875k, RS 37,327, PS 37,746

## Summary
- Director Gerald H. Timmerman retired effective Feb 9, 2022; board size decreased from nine to eight.
- CEO Derek Leathers base salary $875k; awarded 37,327 restricted stock and 37,746 performance stock at target.
- Other NEOs: Nordlund ($410k), Steele ($340k), Schelble ($400k), Johnson ($450k) each received 4,083 RS and 4,128 PS.
- 2022 AIP bonus targets 60%-115% of base salary; based on operating income, revenue ex-fuel, and individual performance.

## SEC filing metadata
- accession: 0000793074-22-000008
- form_type: 8-K
- ticker: WERN
- cik: 0000793074
- company_name: WERNER ENTERPRISES INC
- filed_at: 2022-02-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793074/000079307422000008/0000793074-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793074/000079307422000008/wern-20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000793074-22-000008
- JSON: https://secwatch.observer/filing/0000793074-22-000008.json
- Plain text: https://secwatch.observer/filing/0000793074-22-000008.txt

## Key facts
- Executive change
  Gerald H. Timmerman retired as Director at WERNER ENTERPRISES INC.
  - Action: retired
  - Role: Director
  source text: On February 9, 2022, Mr. Gerald H. Timmerman, Director, gave notice of his decision to retire from the Board of Directors of Werner Enterprises, Inc. (the "Company"), effective February 9, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/793074/000079307422000008/0000793074-22-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.