Yellow Corporation announced on July 27, 2023, Douglas Carty replaced Matthew Doheny as the Chair of the Board of Directors of the Company. Simultaneously with Mr. Carty?s appointment as the Chair of the Board, Mr. Doheny assumed his role as the Company?s Chief Restructuring Officer (CRO). Additionally, as of July 31, 2023, each of Mr. Doheny and Javier Evans resigned from their position as a director on the Board.

The resignations of Mr. Doheny and Mr. Evans were not due to any disagreement with the Company on any matter relating to the Company?s operations, policies or practices.