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Forward Air Appoints Jerome Lorrain as Executive Chairman

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Forward Air Appoints Jerome Lorrain as Executive Chairman

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Forward Air ( (FWRD) ) has provided an announcement.

On June 11, 2025, Forward Air Corporation appointed Jerome Lorrain as Executive Chairman of the Board of Directors. His compensation package includes a base salary, equity awards, and performance-based restricted stock, with future incentives tied to long-term performance goals. This strategic appointment and compensation structure are designed to align with the company’s ongoing strategic review and long-term growth objectives.

The most recent analyst rating on (FWRD) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on Forward Air stock, see the FWRD Stock Forecast page.

Spark’s Take on FWRD Stock

According to Spark, TipRanks’ AI Analyst, FWRD is a Neutral.

Forward Air’s overall stock score is driven by financial challenges and valuation concerns, which are partially offset by positive technical indicators and some operational improvements highlighted in the earnings call. The company’s high leverage and negative earnings significantly impact its financial health and valuation, while the technical analysis suggests potential short-term momentum.

To see Spark’s full report on FWRD stock, click here.

More about Forward Air

Forward Air Corporation operates within the transportation and logistics industry, providing time-definite surface transportation and related logistics services to the North American air freight and expedited LTL market.

Average Trading Volume: 614,912

Technical Sentiment Signal: Sell

Current Market Cap: $832.7M

See more insights into FWRD stock on TipRanks’ Stock Analysis page.

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