Logistics Solutions Provider CH Robinson Appoints Scott Anderson As Interim CEO

CH Robinson Worldwide Inc CHRW has appointed Scott Anderson, Chair of the Board of Directors, as the interim Chief Executive Officer, effective January 1, 2023.
Bob Biesterfeld has stepped down as President and CEO and as a member of the Board, effective December 31, 2022.
The Board has commenced a search for a new permanent CEO and has retained the executive search firm, Russell Reynolds, to assist in the process.
With Anderson's appointment as interim CEO, Jodee Kozlak will become independent Chair of the C.H. Robinson Board.
C.H. Robinson has also made changes to the membership of the Audit Committee and Governance Committee so that these committees remain composed solely of independent directors, and appointed Kermit Crawford as the Chair of the Governance Committee.
"Now is the right time for C.H. Robinson to accelerate our strategic initiatives and the Board is focused on identifying a CEO successor who can execute on the opportunities ahead for Robinson," said Scott Anderson.
Price Action: CHRW shares are trading higher by 1.77% at $93.18 in premarket on the last check Tuesday.