Knight Transportation (KNX) Appoints Amy Boerger to its Board; Declares Dividend
Knight-Swift Transportation Holdings Inc. (KNX):
Knight-Swift Appoints Amy Boerger to the Board
Knight-Swift Transportation Holdings Inc. (KNX) (the “Company” or “Knight-Swift”) announced today that Amy Boerger was appointed to Knight-Swift’s Board of Directors (the “Board”) effective as of August 1, 2023. Ms. Boerger will serve until the 2024 annual meeting of stockholders. Ms. Boerger will be subject to annual election thereafter. In connection with her appointment, the Board determined that Ms. Boerger will be an “independent” director under New York Stock Exchange listing standards and as defined in Rule 10A-3 of the Securities Exchange Act of 1934, as amended. Ms. Boerger was appointed to the Audit Committee and the Nominating and Corporate Governance Committee of the Board.
Ms. Boerger, 60, served as Vice President and General Manager at Cummins Inc. until her retirement in March 2023. Ms. Boerger worked for Cummins for 39 years. During this time, much of her work was focused on the North American highway market, pioneering the advancements of the trucking industry through building relationships with stakeholders and contributing to Cummins’ Emissions Solutions business. Prior to serving as Cummins’ Vice President and General Manager, Ms. Boerger worked as a product engineer and account executive. Ms. Boerger holds a Bachelor of Science in Mechanical Engineering from Valparaiso University.
Quarterly Cash Dividend
Knight-Swift announced today that the Board has declared the Company’s quarterly cash dividend of $0.14 per share of common stock. The Company’s quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the Board each quarter after its review of the Company’s financial performance.
The Company’s dividend is payable to stockholders of record on September 8, 2023 and is expected to be paid on September 25, 2023.
