Clarence L. Werner, the founder of Werner Enterprises, is stepping down as chairman of the $1.8 billion trucking company. Werner, a former truck driver, founded the carrier with one truck in 1956.
Gary L. Werner will become chairman and Gregory L. Werner vice chairman and CEO as part of a management reorganization while Derek J. Leathers will become president and chief operating officer.
The management changes will take effect after Werner's annual stockholder meeting May 10.
The generational shift comes as Werner gains traction in the economic recovery. The Omaha, Neb.-based company's revenue jumped 9 percent last year, boosted by a 15 percent increase in non-trucking revenue.
Clarence Werner will remain involved with the company as chairman emeritus. "My health is excellent," the 73-year-old said. He is the company's largest shareholders, owning more than 30 percent of its stock.
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