Research Reports

Key takeaways

CFO Jude M. Beres resigned effective May 29, 2026, to pursue opportunities outside the transportation and logistics industry, with no disagreement cited.

Michael Rogers, age 59, was appointed as the new CFO and Treasurer, effective June 1, 2026, with board ratification expected.

Rogers' compensation includes a base salary of $425,100, increasing to $500,000 in June 2027, and a minimum 2026 cash bonus of $300,000.

Rogers will receive a restricted stock award valued at approximately $127,500, vesting over four years, subject to board approval.

Rogers previously served as CFO of Conlan Tire Co. and Hercules Materials Holdings LLC and spent approximately thirty years in finance roles at Ford Motor Company.

Full analysis

The executive transition involves the departure of long-serving CFO Jude M. Beres, who has been with the company since 2016 and previously served as Chief Administrative Officer, with his resignation attributed to a career move outside the industry. His successor, Michael Rogers, brings extensive financial leadership experience from his recent role as CFO at Conlan Tire Co. and Hercules Materials Holdings LLC and a thirty-year tenure at Ford Motor Company in various global finance positions. The compensation package for Rogers includes a structured salary progression and equity incentives, indicating the company's commitment to securing experienced leadership. The planned transition period through May 29, 2026, aims to ensure a smooth handover of responsibilities.

ULH · Universal Logistics Holdings, Inc.

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Key takeaways

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