He was a director on both the Forward and Landair boards. Roberts previously served as SVP and secretary of Landair, while holding similar duties at Forward. He also served as chairman and CEO of Forward from 1990 to 2003 and again in 2005. ![]() Niswonger remained as chairman of Landair until it was acquired in 2018 by Covenant Transportation, now Covenant Logistics Group ( NASDAQ: CVLG). The companies were split into separate publicly traded companies in 1998. Niswonger founded Landair Transport in 1981 and sister company Forward Air in 1990. Ancora has endorsed the other three additions chosen by Forward - George Mayes, Chitra Nayak and Javier Polit, which are said to have “substantial experience across operations, finance and technology.” The cooperation agreement between Forward and Ancora resulted in two director seats being designated by Ancora - Scott Niswonger and Richard Roberts, both of whom held prior leadership roles at Forward. New agreement brings back former leadership ![]() The directors will join the board immediately and stand for election at the annual meeting on May 19. An activist investor group led by Ancora Advisors has effected change to five seats on asset-light trucking and logistics company Forward Air’s ( NASDAQ: FWRD) board.įorward announced Monday after the market close that it has “appointed five independent and highly qualified directors” in connection with an agreement with Ancora.
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