YRC Worldwide Inc. (YRCW) shareholders approve changes to board of directors, incentive plan

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YRC Worldwide Inc. shareholders approved the company’s revamped board of directors, an equity incentive plan and a second union stock option plan at its annual meeting.

At a meeting held earlier this week, shareholders approved a new nine-member board that was proposed as part of YRC’s restructuring when $470 million of debt was converted into stock for noteholders.

The elected directors are Eugene L. Davis, Dennis E. Foster, Marnie S. Gordon, Beverly K. Goulet, Mark E. Holliday, John A. Lamar, William L. Trubeck, Carl W. Vogt and Bill Zollars.