Knight-Swift Transportation falls after long-time CEO steps down

Knight-Swift Transportation Holdings

27/02/2024 15:11

** Freight transportation company Knight-Swift's shares
 KNX.N  fall 2.8% to $56.20
    ** Co announces CFO Adam Miller as the new CEO succeeding
David Jackson who had been CEO for nine years
    ** Jackson, who worked with KNX for over 24 years, to step
down from the board as well
    ** Miller's CFO spot will be filled by Andrew Hess, moving
up from the roles of Senior Vice President in M&A and Finance
divisions
    ** So far in 2024, stock had fallen 1.8%, compared with a
~10% rise in 2023

 (Reporting by Aatreyee Dasgupta)
 ((Aatreyee.Dasgupta@thomsonreuters.com))