J.B. Hunt appoints Shelley Simpson as President, authorizes $500M share repurchase

HUNT J B TRANSPORT SERVICES INC

Shelley Simpson appointed President effective Aug 1, 2022; John Roberts remains CEO.
Simpson's base salary raised to $725,000; eligible for PGI bonus of 75%-125% of base salary.
Board authorized $500M share repurchase program; timing and amount subject to market conditions.
Bylaws amended to require CEO to serve on Board of Directors, replacing President requirement.

item 7.01 item 5.02 item 5.03 item 9.01

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Appointed

Shelley Simpson

President

JBHT · HUNT J B TRANSPORT SERVICES INC

Effective: 2022-08-01
Filed: July 26, 2022, 7:59 PM ET

On July 20, 2022, the Board of Directors of J.B. Hunt Transport Services, Inc. (the “Company”) appointed Shelley Simpson to serve as President of the Company effective August 1, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Shelley Simpson was appointed as President at HUNT J B TRANSPORT SERVICES INC.

Action: appointed
Role: President

Exact text from the filing

On July 20, 2022, the Board of Directors of J.B. Hunt Transport Services, Inc. (the “Company”) appointed Shelley Simpson to serve as President of the Company effective August 1, 2022.

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HUNT J B TRANSPORT SERVICES INC filing history →

Source: SEC EDGAR

accession 0001437749-22-017755

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