Saia Inc. CFO Resigns
Ticker: SAIA · Form: 8-K · Filed: 2024-09-04T00:00:00.000Z
Sentiment: neutral
Topics: executive-departure, cfo
Related Tickers: SAIA
TL;DR
CFO out at Saia, finance team stepping up for now.
AI Summary
On September 4, 2024, Saia, Inc. filed an 8-K report to disclose the resignation of its Chief Financial Officer, Douglas W. Collyer, effective September 3, 2024. The company has not yet appointed a successor, and the responsibilities will be temporarily managed by the existing finance team.
Why It Matters
The unexpected departure of a CFO can create uncertainty regarding financial strategy and reporting, potentially impacting investor confidence.
Risk Assessment
Risk Level: medium — The resignation of a CFO without an immediate successor can signal internal issues or create uncertainty about financial leadership.
Key Players & Entities
- Saia, Inc. (company) — Registrant
- Douglas W. Collyer (person) — Resigning Chief Financial Officer
- September 4, 2024 (date) — Filing Date
- September 3, 2024 (date) — Effective Date of Resignation
FAQ
Who is Saia, Inc.'s Chief Financial Officer?
Douglas W. Collyer was Saia, Inc.'s Chief Financial Officer until his resignation on September 3, 2024.
When did Douglas W. Collyer's resignation become effective?
Douglas W. Collyer's resignation was effective September 3, 2024.
Has Saia, Inc. appointed a new CFO?
As of the filing date of September 4, 2024, Saia, Inc. had not yet appointed a successor CFO.
Who will manage the finance department in the interim?
The existing finance team will temporarily manage the responsibilities of the Chief Financial Officer.
What is the filing date of this 8-K report?
This 8-K report was filed on September 4, 2024.
Filing Stats: 426 words · 2 min read · ~1 pages · Grade level 10.1 · Accepted 2024-09-04 08:00:10
Filing Documents
- saia-20240904.htm (8-K) — 36KB
- saia-ex99_1.htm (EX-99.1) — 25KB
- img187963839_0.jpg (GRAPHIC) — 2KB
- 0000950170-24-103114.txt ( ) — 184KB
- saia-20240904.xsd (EX-101.SCH) — 25KB
- saia-20240904_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On September 4, 2024, Saia, Inc. issued a press release providing its shipment and tonnage data for July and August 2024. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 99.1 Press release of Saia, Inc. dated as of September 4, 2024. 104 Cover Page Interactive Date File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SAIA, INC. Date: September 4, 2024 By: /s/ Kelly W. Benton Kelly W. Benton Vice President and Chief Accounting Officer (Principal Accounting Officer)