February 27, 2024
Dear Fellow Associates:
With gratitude for the past and excitement for the future, we announce the transition of Knight-Swift’s CEO position from Dave Jackson to Adam Miller. The transition is effective today.
Over approximately the past decade, Dave led us through an unprecedented growth phase. The size of our associate team, as well as our revenue, fleet size, lines of business, and market value all expanded greatly. The board of directors appreciates Dave’s dedicated service to Knight Transportation and Knight-Swift for nearly 25 years. We hope everyone will join us in thanking Dave and wishing him all the best.
We are confident that it is Adam’s time, and he is the right CEO to lead us into the future.
For those of you who don’t know Adam, he has been an integral part of Knight-Swift for over two decades. He knows what drives our business and where the profits are made. And he knows our success comes from our people and our relationships with our customers. Adam has a deep and abiding respect for the contribution of every associate. With his humble yet confident personality and inclusive leadership style, Adam will perpetuate our team-oriented culture.
We are also pleased to announce that Andrew Hess has been appointed Chief Financial Officer. Andrew has been with Knight-Swift for five years and led our M&A activities over the last three years. Andrew played a critical role in completion of the AAA Cooper, MME, and U.S. Xpress acquisitions. Andrew understands our enterprise, and his recent role as Swift’s SVP of Finance has given him a deep dive into the revenue and cost drivers of our business. Moreover, his previous experience at Honeywell provided a wide range of financial and capital allocation experiences.
As we make this leadership transition, we wanted to remind everyone that almost all the Knight-Swift companies have been through this before and have come out stronger each time. In the current freight environment, we have a challenge ahead of us. Working together, we are up to the challenge.
Please join us in giving your support to Adam and Andrew in their new roles as they lead our company to an even brighter future.
Sincerely,
Kevin Knight
Gary Knight
David Vander Ploeg, Lead Independent Director
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