secwatch.observer — SEC 8-K summary
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Issuer:     Hub Group, Inc. (HUBG)
CIK:        0000940942
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001171843-22-007552
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hub Group announces CEO succession: David Yeager retires, Phil Yeager becomes CEO Jan 1, 2023
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- David P. Yeager retires as CEO after 26 years, becomes Executive Chairman.
- Phillip D. Yeager (son) promoted from President/COO to President and CEO, joins Board.
- Brian Alexander promoted to COO; Chris Hoffmeister to Chief Commercial Officer; Brian Meents to Chief Marketing Officer.
- Phil Yeager salary $750k, target incentive 125%; David Yeager salary $725k, incentive 100%; equity grants disclosed.
- All changes effective January 1, 2023; Board expands from 9 to 10 members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940942/000117184322007552/0001171843-22-007552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940942/000117184322007552/f8k_111722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007552

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer