Covenant Logistics adds 6 months salary, COBRA benefits for executives with 18-month retirement notice
CVLG•Executive severance agreements amended
Covenant Logistics Group amended severance agreements on Aug. 7, 2026 to add benefits tied to retirement or voluntary separation.
Executives who give at least 18 months’ written notice would receive 6 months of salary continuation, subject to customary conditions.
The package also includes 6 months of COBRA reimbursement, with a non-compete running through 12 months post-separation.
The amended agreements cover M. Paul Bunn, James “Tripp” Grant, Dustin Koehl, and Joey Ballard.
Change-in-control or qualifying severance benefits under the agreements were not revised.
