Derek J. Leathers is the President and CEO of Werner Enterprises, a major player in the transportation industry. He started with the company in 1999 as the Managing Director of the Mexico Division and quickly climbed the ranks, earning promotions...
Derek J. Leathers is the President and CEO of Werner Enterprises, a major player in the transportation industry. He started with the company in 1999 as the Managing Director of the Mexico Division and quickly climbed the ranks, earning promotions each couple of years. By 2016, he became CEO and President after serving as COO. His leadership coincided with significant company milestones, like when he oversaw a cash annual incentive program that rewarded him based on metrics like revenue growth and operating income. For 2022, his total compensation was about $5.5 million. Interesting enough, during his tenure, he received incentives like a $181,000 salary increase shortly after his promotion to CEO. Even amidst ups and downs in stock awards, Leathers shows a commitment to long-term growth, with restricted stock grants that vest over several years. Outside of the numbers, Leathers's journey highlights his deep experience in logistics, having spent 8 years prior at Schneider National, a top truckload carrier, before coming to Werner.