Tennessee
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62-0935669
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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Information about Mr. Shurstad's employment agreement is set forth in the Company's proxy statement for the 2007 annual meeting of shareholders filed with the Securities and Exchange Commission on March 9, 2007 under the headings "Potential Payments upon Termination or a Change in Control" and "Employment and Related Agreements," and such information regarding Mr. Shurstad is incorporated herein by reference. Mr. Shurstad's employment agreement is filed as Exhibit 10.35 to the Company's Annual Report on Form 10-K dated December 28, 2001, which is hereby incorporated by reference.
In connection with Mr. Shurstad's departure, Donald C. Orris, retired Chief Executive Officer and current director of the Company, has assumed, effective on November 7, 2007, a position as President of the Intermodal Segment reporting to the Company's Chairman and Chief Executive Officer, Michael E. Uremovich. Mr. Orris will be employed on a full-time, at-will basis and paid at the rate of $50,000 per month. Biographical information for Mr. Orris is set forth in the Company's 2007 proxy statement filed with the Securities and Exchange Commission on March 9, 2007 under the heading "Proposal 1: Election of Directors" and is incorporated herein by reference.
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Pacer International, Inc.
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Date: November 12, 2007
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By:
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/s/ Lawrence C. Yarberry
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Lawrence C. Yarberry
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Executive Vice President, Chief Financial Officer
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Exhibit No.
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Description
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EX-99.1
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99.1 Press Release of Pacer International, Inc. dated November 7, 2007.
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