Myers Resigns as Yellow's Chairman

Yellow Corp. Chairman A. Maurice Myers resigned Nov. 9 to become chief executive officer at Waste Management Inc. of Houston.

	Yellow Corp.
	A. Maurice Myers

Myers was replaced by William D. Zollars, the president of company’s largest trucking subsidiary, Yellow Freight System.

"I feel Yellow is now well-positioned for a solid future and it is time for Bill Zollars to have his opportunity at the top spot," Myers said in a statement.

Myers, a former airline executive, joined Yellow in April 1996 and restructured the company by acquiring non-union, regional less-than-truckload carriers and adding premium services offered by Yellow Freight, its unionized long-haul LTL carrier.

Zollars also joined Yellow in 1996 and became of board member three years later. He had a 24-year career at Eastman Kodak Co. and a stint as senior vice president of Ryder Integrated Logistics.