People: Covenant Transportation Group Inc (CVTI.OQ)
23 Apr 2019
Mr. Herbert J. Schmidt is the Director of Covenant Transportation Group Inc. Mr. Independent Director of the Company. He served as a member of our Nominating Committee, and prior to July 2016 served as a member of our Compensation Committee. Mr. Schmidt previously served as the Executive Vice President of Con-way Inc. and President of Con-way Truckload, both freight transportation providers, from 2007 until his retirement in 2012. Prior to the merger of Contract Freighters, Inc. ("CFI"), another freight transportation provider, with Con-way Inc. in 2007, Mr. Schmidt held positions at CFI as President and CEO from 2005 to 2007 and President from 2000 to 2005. Prior to his becoming President and CEO in 2005, he was employed in a series of progressively more responsible positions at CFI where he gained extensive knowledge in risk management, as well as leading the sales and operations functions as Senior Vice President of Operations. Mr. Schmidt has also served as a member of the Board of Directors of Empire District Electric Company (NYSE: EDE) since April 2010, including membership on the Compensation, Executive, and Strategic Projects Committees, and as a member of the Board of Directors of Daylight Transport, LLC, a privately held less-than-truckload carrier, since September 2013, including membership on the Compensation and M&A Committees.
|Total Annual Compensation, USD||25,000|
|Restricted Stock Award, USD||50,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||124,000|
|Fiscal Year Total, USD||199,000|