Knight-Swift Transportation Holdings Inc. Announces Appointment of Amy Boerger to Board of Directors and Quarterly Cash Dividend
- Amy Boerger appointed as independent director on Knight-Swift's Board of Directors.
- Quarterly cash dividend of $0.14 per share declared by the Board.
- None.
Knight-Swift Appoints Amy Boerger to the Board
Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that Amy Boerger was appointed to Knight-Swift's Board of Directors (the "Board") effective as of August 1, 2023. Ms. Boerger will serve until the 2024 annual meeting of stockholders. Ms. Boerger will be subject to annual election thereafter. In connection with her appointment, the Board determined that Ms. Boerger will be an “independent” director under New York Stock Exchange listing standards and as defined in Rule 10A-3 of the Securities Exchange Act of 1934, as amended. Ms. Boerger was appointed to the Audit Committee and the Nominating and Corporate Governance Committee of the Board.
Ms. Boerger, 60, served as Vice President and General Manager at Cummins Inc. until her retirement in March 2023. Ms. Boerger worked for Cummins for 39 years. During this time, much of her work was focused on the North American highway market, pioneering the advancements of the trucking industry through building relationships with stakeholders and contributing to Cummins’ Emissions Solutions business. Prior to serving as Cummins’ Vice President and General Manager, Ms. Boerger worked as a product engineer and account executive. Ms. Boerger holds a Bachelor of Science in Mechanical Engineering from Valparaiso University.
Quarterly Cash Dividend
Knight-Swift announced today that the Board has declared the Company’s quarterly cash dividend of
The Company’s dividend is payable to stockholders of record on September 8, 2023 and is expected to be paid on September 25, 2023.
Knight-Swift Transportation Holdings Inc. is one of
This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical or current fact, are statements that could be deemed forward-looking statements, including, without limitation, statements relating to our declaration of quarterly dividends. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of the Board and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; compliance with applicable law; restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the Securities and Exchange Commission. Readers should review and consider the factors that may affect future results and other disclosures in Part II, Item 1A. "Risk Factors" in Knight-Swift's Quarterly Report for the quarter ended March 31, 2023 and Part I, Item 1A., Risk Factors, in Knight-Swift’s Annual Report on Form 10-K for the year ended December 31, 2022, and various disclosures in other press releases, stockholder reports, and filings with the Securities and Exchange Commission. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.
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David Jackson, President and CEO, or Adam Miller, CFO - (602) 606-6349
Source: Knight-Swift Transportation Holdings Inc.
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