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Marten Transport shares fall 3.08% intraday after CEO Timothy Kohl announced retirement.
ByAinvest
Wednesday, Aug 20, 2025 3:55 pm ET1min read
Marten Transport, Ltd. declined 3.08% in intraday trading, following the announcement of CEO Timothy Kohl's retirement effective September 30, 2025. The company's Executive Chairman of the Board of Directors, Randolph Marten, will take over as CEO on October 1, 2025. This leadership transition may have contributed to the stock's decline as investors react to the change in management.
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