leadership
confidence high
sentiment negative
materiality 0.50
Knight-Swift CEO and CFO voluntarily reduce base salaries by 20% for Q3/Q4 2023 cost-cutting
Knight-Swift Transportation Holdings Inc.
- CEO David Jackson and CFO Adam Miller each taking ~20% base salary reduction from Sept 3 to Dec 30, 2023.
- Reduction is voluntary and part of company's cost reduction initiatives for third and fourth quarters of 2023.
- No impact on other compensation items or rights under outstanding compensation arrangements.