<p xmlns="http://www.w3.org/1999/xhtml">
Knight-Swift Transportation Holdings Inc. (NYSE:<a class="t...

<p xmlns="http://www.w3.org/1999/xhtml">
Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/KNX">KNX</a>) (the &#34;Company&#34; or &#34;Knight-Swift&#34;) announced today that Kevin P. Knight, one of the founders of Knight Transportation, former Chief Executive Officer from 1994 to 2014 and Executive Chairman of the board of directors, is retiring from the Company. This milestone follows a long and distinguished career including consequential leadership roles at each of Swift Transportation and Knight Transportation, and later at Knight-Swift Transportation following a highly successful 2017 merger of the two companies. The Board of Directors has appointed Lead Independent Director David Vander Ploeg as Chairman, effective June 3<sup xmlns="http://www.w3.org/1999/xhtml">rd</sup>. Mr. Knight has agreed to continue serving the Company as a consultant for a period of two years following his retirement as Executive Chairman.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Mr. Knight commented, "I am humbled when I reflect on what we have built together and where our company stands today. There is so much to be proud of, and even more to be grateful for when I consider all of the family, coworkers, customers, suppliers, partners, and other stakeholders who have been part of our brands' shared success, especially our driving associates, whose professionalism and dedication have helped make that success possible. As I have been approaching this transition in recent years, I knew this bridge would have to be crossed at some point. For me, our merger with Knight and Swift was our greatest collective achievement. The reunification of the Swift and Knight families, combined with timing, diligence, operational improvements, and significant financial returns, enabled us to achieve everything that followed. I am deeply grateful to everyone whom I have had the opportunity to work with."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Adam Miller, Chief Executive Officer of Knight-Swift, said: "It cannot be overstated what Kevin has meant to our company, so many of our leaders, including myself, and so many more within our industry. Our leaders do not take lightly the trust placed in us to continue building on such a distinguished foundation. I am just one of many who are deeply grateful for all Kevin has done for us, personally and professionally over the years. The culture Kevin helped instill which prioritizes safety, operational excellence, and financial discipline is deeply rooted and will continue to mark our efforts to take Knight-Swift to new heights."

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Knight-Swift</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Knight-Swift is one of North America&#39;s largest and most diversified freight transportation companies providing multiple full truckload, LTL, intermodal, and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating one of the country&#39;s largest tractor fleets, Knight-Swift also contracts with third-party equipment providers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260604252061r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260604252061/en/" rel="nofollow">https://www.businesswire.com/news/home/20260604252061/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Adam Miller, CEO, Andrew Hess, CFO, or Brad Stewart, Treasurer and SVP - (602) 606-6349

</p>

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

Knight-Swift founder Kevin Knight to retire; leadership transition underway

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p xmlns=&quot;http://www.w3.org/1999/xhtml&quot;&gt;
Knight-Swift Transportation Holdings Inc. (NYSE:&lt;a class=&quot;t...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Knight-Swift announced Kevin Knight’s retirement, with David Vander Ploeg named Chairman effective June 3. Knight will serve as a two-year consultant, preserving continuity after the historic merger. The move signals stable governance and a continued focus on safety, operational excellence, and disciplined financial management.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kevin Knight retires; will remain as consultant for two years.</li><li>David Vander Ploeg named Chairman, effective June 3.</li><li>Transition follows the 2017 Knight-Swift merger anniversary.</li><li>No immediate financial impact disclosed; governance continuity emphasized.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Knight-Swift Transportation Holdings Inc. (KNX)</strong>: Leadership transition; founder retirement; governance continuity.</li><li><strong>Knight Transportation (N/A)</strong>: Historical entity; part of the 2017 merger context.</li><li><strong>Swift Transportation (N/A)</strong>: Historical entity; part of the 2017 merger context.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Corporate Developments; leadership changes at a major logistics provider after a merger, with potential implications for governance risk and strategic execution.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Leadership change at KNX may trigger short-term volatility until clarity on governance is established.</li><li>Appointment of a new Chairman suggests continuity, reducing disruption risk post-merger.</li><li>No new earnings guidance or financial details announced.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Kevin Knight is a founder and former CEO (1994–2014) and Executive Chairman.</li><li>David Vander Ploeg named Chairman, effective June 3.</li><li>Knight-Swift merged in 2017 to form KNX.</li><li>Knight will consult for two years after retirement.</li><li>Knight-Swift operates full truckload, LTL, intermodal, and logistics services.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Hold KNX near-term; expect stable governance with gradual upside over 6–12 months.</p>
  </section>
</section>


<article>
  <header>
    <h2>Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight</h2>
  </header>

  <p>Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that Kevin P. Knight, one of the founders of Knight Transportation, former Chief Executive Officer from 1994 to 2014 and Executive Chairman of the board of directors, is retiring from the Company. <strong>KNX</strong> will continue to be monitored by investors as the Company transitions its leadership. This milestone follows a long and distinguished career including consequential leadership roles at each of Swift Transportation and Knight Transportation, and later at Knight-Swift Transportation following a highly successful 2017 merger of the two companies.</p>

  <p>The Board of Directors has appointed Lead Independent Director David Vander Ploeg as Chairman, effective <strong>June 3<sup>rd</sup></strong>. <em>Mr. Knight has agreed to continue serving the Company as a consultant for a period of two years following his retirement as Executive Chairman.</em></p>

  <section aria-label="Executive retirement and governance changes">
    <h3>Leadership transition and governance updates</h3>
    <p>The leadership transition at Knight-Swift reflects a planned succession as the company preserves its strategic direction. The board has designated Vander Ploeg to assume the Chairman role, while Kevin Knight transitions to a consulting arrangement through the end of the two-year period.</p>
  </section>

  <section aria-label="Statements from Kevin Knight">
    <h3>Kevin Knight on the transition</h3>
    <p>Mr. Knight commented, "I am humbled when I reflect on what we have built together and where our company stands today. There is so much to be proud of, and even more to be grateful for when I consider all of the family, coworkers, customers, suppliers, partners, and other stakeholders who have been part of our brands' shared success, especially our driving associates, whose professionalism and dedication have helped make that success possible. As I have been approaching this transition in recent years, I knew this bridge would have to be crossed at some point. For me, our merger with Knight and Swift was our greatest collective achievement. The reunification of the Swift and Knight families, combined with timing, diligence, operational improvements, and significant financial returns, enabled us to achieve everything that followed. I am deeply grateful to everyone whom I have had the opportunity to work with."</p>
  </section>

  <section aria-label="Statements from Knight-Swift leadership">
    <h3>Leadership perspective from Knight-Swift</h3>
    <p>Adam Miller, Chief Executive Officer of Knight-Swift, said: "It cannot be overstated what Kevin has meant to our company, so many of our leaders, including myself, and so many more within our industry. Our leaders do not take lightly the trust placed in us to continue building on such a distinguished foundation. I am just one of many who are deeply grateful for all Kevin has done for us, personally and professionally over the years. The culture Kevin helped instill which prioritizes safety, operational excellence, and financial discipline is deeply rooted and will continue to mark our efforts to take Knight-Swift to new heights."</p>
  </section>

  <section aria-label="About Knight-Swift">
    <h3>About Knight-Swift</h3>
    <p><strong>Knight-Swift</strong> is one of North America's <em>largest and most diversified</em> freight transportation companies providing multiple full truckload, LTL, intermodal, and logistics services. Knight-Swift uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating one of the country's largest tractor fleets, Knight-Swift also contracts with third-party equipment providers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.</p>
  </section>

  <section aria-label="Key facts">
    <h3>Key Facts and Coverage</h3>
    <ul>
      <li><strong>Kevin P. Knight</strong> is retiring from Knight-Swift Transportation Holdings Inc. (KNX).</li>
      <li>The Board appointed Lead Independent Director <strong>David Vander Ploeg</strong> as Chairman, effective <strong>June 3<sup>rd</sup></strong>.</li>
      <li>Mr. Knight will continue serving the Company as a consultant for a period of <strong>two years</strong> following his retirement as Executive Chairman.</li>
      <li>The press release highlights Knight-Swift's history, including leadership roles at Swift Transportation and Knight Transportation, and the 2017 merger that formed Knight-Swift.</li>
      <li>Contacts for further information: <strong>Adam Miller, CEO</strong>; <strong>Andrew Hess, CFO</strong>; or <strong>Brad Stewart, Treasurer and SVP</strong> - (602) 606-6349</li>
    </ul>
  </section>

  <section aria-label="Source and background">
    <h3>Additional Background</h3>
    <p>View source version on Business Wire: https://www.businesswire.com/news/home/20260604252061/en/</p>
  </section>
</article>

Knight-Swift announced Kevin Knight’s retirement, with David Vander Ploeg named Chairman effective June 3. Knight will serve as a two-year consultant, preserving continuity after the historic merger. The move signals stable governance and a continued focus on safety, operational excellence, and disciplined financial management.

Knight-Swift Transportation Holdings Inc. Announces Retirement of Kevin Knight

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News