Compensatory Arrangement with William L. Trubeck as Interim CFO of YRC Worldwide Inc.
YRC Worldwide Inc. appointed William L. Trubeck as Interim Executive Vice President and Chief Financial Officer, effective March 31, 2011. From March 7 to March 31, 2011, Mr. Trubeck provided consulting services to help transition the CFO role. For these services, he receives $50,000 per month in addition to his director fees, plus reimbursement for travel and business expenses.
Exhibit 10.11
Written Description of Compensatory Arrangement with William L. Trubeck
On March 7, 2011, YRC Worldwide Inc. (the “Company”) announced the appointment of William L. Trubeck as the Company’s Interim Executive Vice President and Chief Financial Officer effective as of March 31, 2011. From March 7, 2011 through March 31, 2011, Mr. Trubeck provided certain consulting services in his role as a director of the Company to provide for an orderly transition of the chief financial officer role at the Company.
In exchange for these services and in addition to fees received as a director, Mr. Trubeck receives $50,000 per month, plus reimbursement of travel and other business expenses.
