United States

People: Covenant Transportation Group Inc (CVTI.OQ)

CVTI.OQ on NASDAQ Stock Exchange Global Select Market

16 Aug 2019
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Welborn, W. Miller 

Mr. W. Miller Welborn is the Independent Director of Covenant Transportation Group Inc, since 2017. Mr. Welborn is currently serves as a member of our Audit Committee and Compensation Committee. Mr. Welborn has been Chairman of SmartFinancial, Inc. (NASDAQ: SMBK), a publicly traded holding company of SmartBank with over $1.6 billion in assets since 2015. From 2009 to 2015 Mr. Welborn served as Chairman of Cornerstone Bancshares, Inc., which was the publicly traded parent company of Cornerstone Community Bank prior to the bank’s merger with SmartBank in 2015, where he served on the Asset-Liability (ALCO), Loan, Governance, Nominating, Audit, and Compensation Committees. Mr. Welborn has also served as President of Welborn & Associates, Inc., a consulting firm specializing in transportation logistics, since 2000. He previously served as managing partner of Transport Capital Partners, LLC, another transportation advisory and consulting firm that he founded, from 2001 to 2014. Prior to founding Transport Capital Partners, LLC, Mr. Welborn served in several executive and ownership capacities of various trucking companies, including as President, CEO, and a director of Boyd Bros Transportation, President and Chairman of Welborn Transport, Inc., a company he cofounded, and President of Cummings Trucking Co., Inc. From 2010 to 2015 Mr. Welborn served as a partner of Lamp Post Group, Inc., a venture capital company with a portfolio of investments ranging from start-up level to over $600 million in annual revenue. Mr. Welborn currently serves on multiple non-profit boards. The Board believes that Mr. Welborn’s over three decades of business experience, including experience in transportation consulting, executive roles at trucking companies, and serving on the boards of publicly traded companies, provides us with invaluable perspective and experience.

Basic Compensation

Total Annual Compensation, USD 61,180
Restricted Stock Awards, USD 74,992
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 136,172

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

David Parker


Joey Hogan


Richard Cribbs


John Tweed


James Heartfield


M. Paul Bunn

As Of  30 Dec 2018