secwatch.observer — SEC 8-K summary
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Issuer:     FORWARD AIR CORP (FWRD)
CIK:        0000912728
Form:       8-K
Filed at:   2024-04-26T23:59:59+00:00
Accession:  0001628280-24-018429
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forward Air names Shawn Stewart CEO effective April 28; Hance returns to legal role
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- Shawn Stewart appointed CEO and director effective April 28, 2024; Michael Hance returns to Chief Legal Officer and Secretary.
- Stewart previously served as President and Managing Director, North America at CEVA Logistics, overseeing $5B+ turnover and 15,000+ employees.
- Compensation includes $900K base salary, target bonus 100% of base (max 200%), $400K signing bonus, 50,955 restricted shares, 76,433 performance units.
- Q1 2024 earnings to be released after market close on May 8, 2024, with conference call on May 9, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/0001628280-24-018429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912728/000162828024018429/fwrd-20240422.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-018429

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