YRC Worldwide Chief Financial Officer Sheila Taylor will leave the troubled trucking giant March 31 as it attempts to recruit new leadership and restructure its finances.
A member of the $4.3 billion company's board, William Trubeck, will step into her place as interim executive vice president and CFO, YRC Worldwide said Monday.
Taylor's departure was announced a week after YRC Worldwide reached an agreement with its lenders and the Teamsters union on its financial restructuring.
The agreement set a July deadline for the financial restructuring and deferred certain interest payments and fees due to the company's lenders until July as well.
Taylor also leaves as YRC seeks a replacement for William D. Zollars, who is expected to retire as chairman, president and CEO after the restructuring.
Trubeck is a former CFO at H&R Block, Waste Management and International Multi-Foods. He has been a member of YRC Worldwide's board of directors since 1994.
-- Contact William B. Cassidy at email@example.com.