Marten Transport appoints Doug Petit as President effective August 30, 2021

MARTEN TRANSPORT LTD

Doug Petit, previously COO since August 2019, succeeds Tim Kohl who became CEO in May 2021.
Petit's base salary set at $360,000 per year; eligible for bonus under executive incentive plan.
Petit to receive $24,279 for accumulated vacation pay; will enter change-in-control severance and indemnification agreements.
Appointment part of planned leadership transition; Petit has been with Marten since 1992 in operations roles.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Doug Petit

President

MRTN · MARTEN TRANSPORT LTD

Effective: 2021-08-30
Successor: Tim Kohl
Filed: September 1, 2021, 7:59 PM ET

On August 30, 2021, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Doug Petit as its new President.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Doug Petit was appointed as President at MARTEN TRANSPORT LTD.

Action: appointed
Role: President

Exact text from the filing

On August 30, 2021, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Doug Petit as its new President.

View on SEC.gov

MARTEN TRANSPORT LTD filing history →

Source: SEC EDGAR

accession 0001437749-21-021307

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.