Marten Transport appoints Adam Phillips as EVP and COO, effective Dec 13, 2023

MARTEN TRANSPORT LTD

Adam Phillips appointed Executive VP and COO effective Dec 13, 2023; base salary $310,000/year.
Phillips receives $26,539 for accumulated vacation pay; eligible for cash bonus under incentive plan.
Change-in-control severance: lump sum 100% base salary plus 1x highest bonus in prior 3 years.
Phillips has served as COO since March 2023; prior roles include President of Western Operations.

item 5.02 item 9.01

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Appointed

Adam Phillips

Executive Vice President and Chief Operating Officer

MRTN · MARTEN TRANSPORT LTD

Effective: 2023-12-13
Filed: December 18, 2023, 6:59 PM ET

On December 13, 2023, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Adam Phillips as its Executive Vice President and Chief Operating Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Adam Phillips was appointed as Executive Vice President and Chief Operating Officer at MARTEN TRANSPORT LTD.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On December 13, 2023, the Board of Directors of Marten Transport, Ltd. (the “Company”) approved the appointment of Adam Phillips as its Executive Vice President and Chief Operating Officer.

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Source: SEC EDGAR

accession 0001437749-23-034741

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