YRC Worldwide Inc. on Monday, March 7, announced that Sheila Taylor, executive vice president and chief financial officer, has decided to leave the company effective March 31 to pursue opportunities outside of the less-than-truckload industry. Taylor has been CFO since October 2009 and prior to that was vice president of investor relations and treasurer.
“Sheila has been instrumental in the company’s financial restructuring over the last few years, including the significant turnaround in operating results and the generation and preservation of liquidity,” says Bill Zollars, chairman, president and chief executive officer of the Overland Park, Kan.-based company. “I personally appreciate what we have accomplished under her leadership and wish her well as she takes her career in a different direction.”
William Trubeck, a member of the board of directors since 1994, will take over as interim executive vice president and CFO while the company completes its restructuring efforts. Trubeck has more than 30 years experience in executive leadership positions, including specific experience as CFO at H&R Block, Waste Management and International Multi-Foods. He has led a variety of restructuring efforts during his career and also has served in various corporate director positions, including WellCare Health Plans, Dynegy, Ceridian Corporation and The Federal Home Loan Bank of Des Moines. He currently is vice chairman of the board of trustees of Monmouth College of Illinois.
“We are extremely fortunate to have a person of Bill’s executive experience and capability, as well as a long-term member of our board, step into this interim role as CFO,” says John Lamar, chief restructuring officer. “We fully expect him to play an important role in completing the final steps in the restructuring efforts of YRCW.”