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Knight Transportation names Jackson as new CEO

Knight Transportation, Inc., one of North America’s largest and most diversified truckload transportation companies, announced the following changes to its management team and board of directors effective January 1, 2015:

  • David A. Jackson will become Chief Executive Officer and a member of the board of directors, while retaining the title of President. Mr. Jackson has served as President since February 2011, and previously served as Chief Financial Officer from 2004 until 2012 and in various other capacities since joining the company in 2000.
  • Kevin P. Knight will remain Chairman of the Board and a full-time executive officer, with primary focus in the areas of strategic growth, capital allocation, and leadership development. Mr. Knight has served as Chairman of the Board since 1999 and Chief Executive Officer since 1993.

Kevin Knight, Chairman and Chief Executive Officer, commented: ”Dave Jackson is the right person at the right time for the first CEO transition in our company’s history. This move has been long planned and marks the culmination of a multi-year development program managed by our board of directors and intended to secure Knight’s leadership for years to come. For the past few years as President, Dave has led the development of our next generation leadership team, our diversified services platform, and our information systems as Knight has grown to a billion dollar revenue company with multiple business units and industry leading profitability. Because he worked his way up from procurement, to managing our independent contractors, to Chief Financial Officer, to President over a nearly 15-year period, Dave is steeped in Knight’s culture and has helped instill it across the organization. Our people already look to Dave for leadership, and it was time to make it official. Coming off several highly successful quarters and with favorable industry dynamics, now is the time for the next generation of leaders to drive Knight’s growth, while retaining active support from myself and the other members of the Knight family.”

David A. Jackson, President, added: ”I’m honored to have this opportunity to lead our fellow Knight teammates, who collectively make this one of the most outstanding organizations in our industry. I am surrounded by talented leaders and convinced that the depth of our team, the strength of our market position, and the breadth of opportunity for Knight have never been greater. I would like to thank the board of directors, the Knight family, and Kevin in particular, for the years of training and mentoring that have led to this day, and for their confidence in supporting my development as well as many others. I look forward to their active and ongoing support.”

Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services using a nationwide network of service centers in the U.S. to serve customers throughout North America. In addition to operating one of the country’s largest tractor fleets, Knight also contracts with third-party equipment providers to provide a broad range of truckload services to its customers while creating quality driving jobs for our driving associates and successful business opportunities for owner-operators.

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Knight Among Most Trustworthy Companies

Knight Transportation, Inc., one of North America’s largest and most diversified truckload transportation companies, announced it was named one of America’s 100 Most Trustworthy Companies by Forbes magazine.

”Knight Transportation is honored to be ranked on the Forbes Most Trustworthy Companies list with many other well respected companies. Our business is built on a culture of integrity, hard work, and dedication. We are committed to operating our business with a high level of credibility and to bringing value to all of our stakeholders,” said Kevin Knight, Chairman and CEO.

Knight Transportation ranked in the top 10 among mid cap level companies ($1-5 billion annual revenue) with an AGR score of 96 out of 100 points.

Each year Forbes tasks GMI Ratings to review the accounting and governance behaviors of approximately 8,000 publicly traded companies in North America. Several factors are considered such as consistency, accounting transparency, appropriate management practices and lack of high risk events in order to rate companies with an AGR or Aggressive Accounting and Governance Risk score. Companies with the strongest AGRs are sorted based on cap level and ranked according to highest score.

To view the Forbes list, go to Forbes.com.

Knight Transportation, Inc. is a provider of multiple truckload transportation services using a nationwide network of service centers in the U.S. to serve customers throughout North America. In addition to operating one of the country’s largest tractor fleets, Knight also partners with third-party equipment providers to provide a broad range of truckload services to its customers while creating quality driving jobs for our driving associates and successful business opportunities for owner-operators.