David P. Yeager has had a long and impactful career at Hub Group, a logistics company he joined in 1975. He became the CEO in 1996 and has since played a key role in transforming Hub into a large enterprise...
David P. Yeager has had a long and impactful career at Hub Group, a logistics company he joined in 1975. He became the CEO in 1996 and has since played a key role in transforming Hub into a large enterprise valued at $3.4 billion. Besides his executive role, he's also the Executive Chairman now, helping guide the company’s future direction and working alongside the new CEO, his son Phillip Yeager, who started as President and COO in 2023. Throughout his tenure, David has focused on improving company performance metrics, often linking his compensation to earnings per share, ensuring that he is aligned with shareholder interests. Interestingly, as of 2023, his compensation dropped to about $2.66 million from $5.82 million in 2022, as he transitioned to his new role. David holds a master's degree from the University of Chicago, giving him a strong base in management and business savvy in the logistics field. He is part of the Yeager family, which owns a significant portion of Hub Group, retaining control over around 60% of voting power. His leadership style reflects his deep understanding of the business and the industry, which he navigated through various roles before becoming CEO.