Forward Air Corporation (FWRD)

65.58 +2.05 (+3.23%) At close: 04:00PM EST

Forward Air Corporation

Building N
1915 Snapps Ferry Road
Greeneville, TN 37745
United States
423 636 7000
https://www.forwardaircorp.com

Sector(s): Industrials
Industry: Integrated Freight & Logistics
Full-time employees: 4,155

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Thomas Schmitt	President, CEO & Executive Chairman	3.18M	N/A	1965
Ms. Rebecca J. Garbrick	CFO & Treasurer	1.14M	N/A	1976
Mr. Chris C. Ruble	Chief Operating Officer	1.74M	N/A	1963
Mr. Michael L. Hance	Chief Legal Officer & Secretary	1.3M	N/A	1972
Mr. Kyle R. Mitchin	Chief People Officer	926.9k	N/A	1980
Mr. Joseph Michael Tomasello	Chief Information Officer	N/A	N/A	1977
Ms. Nancee Ronning	Chief Commercial Officer	N/A	N/A	1961

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Corporate governance

Forward Air Corporation’s ISS governance QualityScore as of 28 November 2023 is 3. The pillar scores are Audit: 4; Board: 7; Shareholder rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.