DOWNERS GROVE, Ill., July 30, 2010 /PRNewswire via COMTEX/ —
Hub Group (Nasdaq: HUBG) announced two winners of the 2010 Joyce E./Phillip C. Yeager Scholarship. The original Joyce E. Yeager Scholarship Fund was established by Phillip Yeager, the founder of Hub Group, to honor the legacy of his wife Joyce Yeager. The award is a $10,000 scholarship to be used at a four year accredited university and is given to a dependent of a Hub Group employee who has completed at least five years of service. David and Mark Yeager, Phillip and Joyce’s two sons, have continued to award the scholarship in memory of their deceased parents.
“Joyce Yeager would be proud to see these young, talented people rewarded for their dedication and achievement,” said David Yeager, Chairman and Chief Executive Officer of Hub Group. “Hub Group perseveres due to the hard work of our folks, and we are glad to have an outlet to support them and their children.”
“It is an honor to be able to continue Phil Yeager’s tradition of building a stronger Hub Group community,” added Mark Yeager President and Chief Operating Officer of Hub Group. “It makes all of us at Hub Group proud knowing we’re helping some of our own deserving students turn their dreams into reality.”
For the 2010-2011 academic year, eligible students must have achieved a 3.0 grade point average in secondary school and must submit a one-page letter, along with a completed application. Selection criteria includes academic performance and a letter detailing what the scholarship would mean to them.
After careful review, the committee is pleased to award scholarships to Brooke Carney and Daniela Urbina. Brooke, the daughter of Mike Carney, desires to pursue a teaching career and will attend North Central College. Daniela, the daughter of Claudia Maldonado, is currently a full time student at College of DuPage and plans to transfer to Benedictine University to pursue a degree in Diagnostic Medical Sonography. Both parents are Pricing Team Leaders and work in Hub Group’s Downers Grove headquarters.
About Hub Group
Hub Group, Inc. is a leading asset light freight transportation management company providing comprehensive intermodal, truck brokerage and logistics services. The Company operates through a network of offices throughout the United States, Canada and Mexico. For more information, visit www.hubgroup.com.
SOURCE Hub Group