Forward Air Corporation announced that Jerome Lorrain has resigned as Executive Chairman of the Board, effective July 10, 2026. He will continue to serve as a member of the Board. Concurrently, the Board has appointed current member Christine M. Gorjanc to serve as the new independent Chair of the Board.
Key Details
- Leadership Transition: Jerome Lorrain resigned as Executive Chairman and Christine M. Gorjanc was appointed independent Chair of the Board, both effective July 10, 2026.
- Continuing Service: Mr. Lorrain will remain a member of the Board of Directors following his transition.
- Compensation Impact: Mr. Lorrain's outstanding restricted stock awards will continue to vest while he serves on the board; however, his performance-based equity awards and a special one-time equity award were forfeited upon his resignation as Executive Chairman.