Forward Air shareholders approve Delaware reincorporation; board reduced to eight after three resignations

FORWARD AIR CORP

George Mayes resigned after receiving more withhold (18.9M) than for (14.7M) votes; Polit and Tucker voluntarily resigned.
Board reduced from 11 to 8 directors; all appointed since January 2024 as part of refreshment.
Jerome Lorrain (former CEVA COO) appointed Executive Chairman; Paul Svindland named Lead Independent Director.
Shareholders approved Delaware reincorporation, 2025 Omnibus Incentive Plan, and Non-Employee Director Stock Plan.
Board continues strategic alternatives review to improve operating results and maximize shareholder value.

item 3.03item 5.02item 5.07item 5.03item 7.01item 9.01

Executive movements

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

Role change

Jerome Lorrain

Executive Chairman

FWRD · FORWARD AIR CORP

Effective: 2025-06-11
Filed: Jun 13, 2025 23:59 UTC

the board of directors of FWRD-Tennessee appointed Jerome Lorrain, an independent director, to the position of Executive Chairman, effective June 11, 2025.

Departed

Laurie A. Tucker

Director

FWRD · FORWARD AIR CORP

Effective: 2025-06-11
Filed: Jun 13, 2025 23:59 UTC

On June 11, 2025, Javier Polit and Laurie A. Tucker resigned as members of the board of directors of FWRD-Tennessee, effective June 11, 2025.

Role change

Paul Svindland

Lead Independent Director

FWRD · FORWARD AIR CORP

Effective: 2025-06-11
Filed: Jun 13, 2025 23:59 UTC

the board of directors of FWRD-Tennessee appointed Paul Svindland to serve as the Lead Independent Director of the board of directors of FWRD-Tennessee, effective June 11, 2025.

Departed

Javier Polit

Director

FWRD · FORWARD AIR CORP

Effective: 2025-06-11
Filed: Jun 13, 2025 23:59 UTC

On June 11, 2025, Javier Polit and Laurie A. Tucker resigned as members of the board of directors of FWRD-Tennessee, effective June 11, 2025.

Source: SEC EDGAR

accession 0001628280-25-031182

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