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Get filing alertsLandstar appoints Bill Clement as Chief Commercial Officer, realigns leadership team
Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read
Key Changes
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Bill Clement joins as Chief Commercial Officer effective August 1, bringing 30+ years transportation experience including 8 years at CRST; will lead commercial strategy and agent network support.
Item 8.01 — Other Events verify on EDGAR → -
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Jim Applegate transitions from Chief Corporate Sales, Strategy & Specialized Freight Officer to Chief Strategy & Transformation Officer, remaining on Executive Leadership Team.
Item 8.01 — Other Events verify on EDGAR → -
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Matt Dannegger steps down as Chief Field Sales Officer July 31, will serve as Special Advisor to CEO through anticipated retirement March 1, 2027.
Item 8.01 — Other Events verify on EDGAR →
Summary
Landstar is executing a planned leadership realignment focused on commercial operations. The company hired Bill Clement, a 30-year transportation veteran with recent senior roles at CRST and CSX intermodal, as Chief Commercial Officer effective August 1. Clement will lead commercial strategy, support the independent agent network, and drive growth across strategic modes and specialized services.
Concurrently, Jim Applegate is moving from a combined sales-strategy role to focus exclusively on strategy and transformation, while Matt Dannegger is transitioning out of the Chief Field Sales Officer role with a seven-month advisory period before his planned March 2027 retirement.
For investors, the moves suggest Landstar is consolidating commercial leadership under an external hire with deep industry experience while retaining institutional knowledge through Applegate's continued executive role and Dannegger's extended transition. The creation of a dedicated Chief Commercial Officer role and the shift of Applegate to strategy-focused responsibilities indicate the company is prioritizing commercial execution and long-term strategic planning as distinct functions. The orderly nature of the transitions—with advance notice and advisory periods—points to succession planning rather than reactive change.
Section-by-Section Diff
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
The Company further announced that Matthew Dannegger will transition from his role as Chief Field Sales Officer of the Company, effective July 31, 2026, to serve as Special Advisor to the Chief Executive Officer until his departure from the Company on March 1, 2027.
Matthew Dannegger is stepping down as Chief Field Sales Officer effective July 31, 2026, and will serve as Special Advisor to the CEO until departing the company on March 1, 2027. This represents a planned executive transition with a seven-month advisory period.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Landstar System, Inc. (NASDAQ: LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, today announced the appointment of William “Bill” Clement as Vice President and Chief Commercial Officer (CCO), effective August 1, 2026.
Landstar hired Bill Clement as Vice President and Chief Commercial Officer, effective August 1, 2026. Clement will lead commercial strategy, support the independent agent network, advance customer relationships, and focus on accelerating growth across strategic modes and specialized transportation services. He brings over 30 years of transportation and logistics leadership experience, most recently serving as Group President and Chief Strategy Officer at CRST and previously as President of CSX Corporation's intermodal business unit.
Added in current filing · verify on EDGAR →
Jim Applegate will transition from his current role as Chief Corporate Sales, Strategy & Specialized Freight Officer to Chief Strategy & Transformation Officer, effective August 1, 2026. He will continue to serve as a member of Landstar’s Executive Leadership Team and report to President and Chief Executive Officer Frank Lonegro.
Jim Applegate is transitioning from Chief Corporate Sales, Strategy & Specialized Freight Officer to Chief Strategy & Transformation Officer, effective August 1, 2026. He remains on the Executive Leadership Team and continues reporting to CEO Frank Lonegro. This transition is part of leadership changes designed to support the company's long-term growth strategy.
Added in current filing · view on EDGAR →
Matt Dannegger will transition from his current role as Chief Field Sales Officer to Special Advisor to the Chief Executive Officer, effective July 31, 2026. Dannegger will support the leadership transition and provide strategic counsel to the organization through his anticipated retirement from the company on March 1, 2027.
Matt Dannegger is transitioning from Chief Field Sales Officer to Special Advisor to the CEO, effective July 31, 2026, and is anticipated to retire from the company on March 1, 2027. He will support the leadership transition and provide strategic counsel during this period. CEO Lonegro thanked Dannegger for his contributions as a leader and advocate for Landstar's agents and field sales organization.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 24, 2026 · How we verify