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- Departure Of Ceo (new) — Executive Chairman Kevin Knight resigned from the Board effective June 3, 2026, though the company states it was not due to disagreement.
Knight-Swift Executive Chairman Kevin Knight resigns, receives $20.25M consulting deal
Filed June 4, 2026 · Period ending June 3, 2026 · ~1 min read
Key Changes
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Kevin Knight resigned as Executive Chairman and Board member effective June 3, 2026. The company stated his departure was not due to any disagreement regarding operations, policies, or practices.
Item 5.02 verify on EDGAR → -
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Knight will receive $20.25 million over 24 months for consulting services, with half paid upfront on June 12, 2026. He forfeited all unvested equity awards as part of the agreement.
Item 5.02 verify on EDGAR → -
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David Vander Ploeg, Lead Independent Director since May 2023, was immediately appointed Chair of the Board. He serves on multiple Board committees including Audit and Compensation.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify