David Ray Parker serves as Chairman of the Board, Chief Executive Officer of the Company. He has served as our Chairman of the Board and Chief Executive Officer (“CEO”) since 1994. From our founding in 1985 to February 2016 Mr. Parker served as our President. Mr. Parker is a past director of the Truckload Carriers Association and currently serves on the board of directors of the American Trucking Associations. From 2012 to October 2017, Mr. Parker served as a member of the Trade and Transportation Advisory Council of the Federal Reserve Bank of Atlanta. Mr. Parker has also served as a director or in similar capacities of several religious and civic organizations and serves as general partner of the Parker Family Limited Partnership. The Board believes Mr. Parker’s dedication, trucking experience, general business knowledge, significant leadership ability, and in-depth knowledge of the Company, qualify him for his continued service as CEO, and Chairman of our Board. Additionally, the Board believes Mr. Parker’s knowledge of the industry continues to be a competitive strength for the Company.
As the Chairman of the Board and Chief Executive Officer of Covenant Transportation, the total compensation of David Parker at Covenant Transportation is $953,542. There are 1 executives at Covenant Transportation getting paid more, with T. Ryan Rogers having the highest compensation of $988,670.
David Parker is 62, he's been the Chairman of the Board and Chief Executive Officer of Covenant Transportation since 2016. There are 2 older and 11 younger executives at Covenant Transportation. The oldest executive at Covenant Transportation Group, Inc. is Robert Bosworth, 72, who is the Lead Independent Director.
David's mailing address filed with the SEC is , , , , .
Over the last 22 years, insiders at Covenant Transportation have traded over $27,386,625 worth of Covenant Transportation stock and bought 108,492 units worth $1,305,606 . The most active insiders traders include Jr Hugh O Maclellan, David Rayparker Jacqueline ..., and Wesley Miller Welborn. On average, Covenant Transportation executives and independent directors trade stock every 50 days with the average trade being worth of $3,672,852. The most recent stock trade was executed by Paul Bunn on 30 October 2020, trading 2,500 units of CVTI stock currently worth $33,575.
Covenant Transportation Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services ("Expedited") and Over-the-Road Services ("OTR"), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.
Covenant Transportation executives and other stock owners filed with the SEC include: