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Landstar System ( (LSTR) ) just unveiled an announcement.
Landstar System, Inc. has appointed Joseph J. Beacom as President of its subsidiary, Landstar System Holdings, Inc., effective December 1, 2024, with a base salary of $400,000 and potential bonuses under the Executive Incentive Compensation Plan. Matthew Miller will succeed Beacom as Vice President and Chief Safety and Operations Officer, with a $300,000 base salary and similar bonus eligibility. These leadership changes aim to enhance the company’s operational efficiency and safety protocols.
For a thorough assessment of LSTR stock, go to TipRanks’ Stock Analysis page.