Werner enters consulting agreement with retired CFO John J. Steele; $75K/month

WERNER ENTERPRISES INC

Steele retired as EVP, Treasurer and CFO on June 30, 2023; consulting term July 1 to Dec 31, 2023.
Monthly fee of $75,000 conditioned on performance of strategic advisory services.
Agreement includes 6-month non-compete plus 12-month post-term non-compete and confidentiality.
Steele will advise on business issues and projects he managed prior to retirement.

item 5.02 item 9.01

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Departed

John J. Steele

Executive Vice President, Treasurer and Chief Financial Officer

WERN · WERNER ENTERPRISES INC

Effective: 2023-06-30
Filed: July 7, 2023, 7:59 PM ET

Mr. Steele will provide continued strategic advice and counsel related to the business issues and projects he was involved with prior to his retirement from the Company on June 30, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John J. Steele retired as Executive Vice President, Treasurer and Chief Financial Officer at WERNER ENTERPRISES INC.

Action: retired
Role: Executive Vice President, Treasurer and Chief Financial Officer

Exact text from the filing

Mr. Steele will provide continued strategic advice and counsel related to the business issues and projects he was involved with prior to his retirement from the Company on June 30, 2023.

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Source: SEC EDGAR

accession 0000793074-23-000037

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