C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW),
a leading global logistics provider, today announced that the Board
of Directors, upon recommendation of the Governance Committee, has
nominated new directors, Michael McGarry and Paige Robbins, to
stand for election to the Board at the company’s 2024 annual
meeting of stockholders. The company also announced that Scott
Anderson and James Stake have each decided not to stand for
re-election to the Board of Directors at the 2024 annual meeting
and will retire from the Board.
“A top priority for the Board is ensuring that we have the right
composition of Board members to oversee execution of the Company’s
strategy and guide C.H. Robinson to win through accelerated
profitable growth,” said Jodee Kozlak, Chair of the Board of
Directors of C.H. Robinson. “Michael McGarry brings extensive
leadership experience having recently retired as Executive Chairman
of PPG Industries, Inc., where he led the company through a
multi-year transformation and expansion of PPG’s portfolio in key
growth markets. Paige Robbins brings a strategic mindset and broad
operational experience, as an executive leader at Grainger where
she has delivered strong operational results. She currently
oversees all commercial functions for the Grainger brand in North
America. The Board looks forward to their contributions and remains
committed to driving positive change and increasing shareholder
value.”
“On behalf of the Board, I want to extend our gratitude to
retiring directors Scott Anderson and Jim Stake for their exemplary
service over the past decade and more. Scott’s leadership was
invaluable during his tenure as interim CEO, and as former Chair,
and the Board remains deeply appreciative of Jim’s service as Audit
Chair and his counsel and influence,” continued Kozlak.
Michael McGarry, 66, retired in 2023 as Executive Chairman of
PPG Industries, Inc. (“PPG”), the world’s leading paint and
coatings company, after more than four decades of service. He
played a pivotal role in transforming PPG from a diversified glass,
chemicals and coatings company into a highly focused coatings
enterprise, with revenues of over $18 billion and operations in
more than 70 countries. He held various leadership positions in
PPG, including President, Chief Executive Officer, Chief Operating
Officer and board member. Currently he serves as a board director
at United States Steel, where he is on the Audit Committee and
Compensation and Organization Committee, and Shin-Etsu Chemical, a
public Japanese chemicals company.
Paige Robbins, 55, is a senior executive at W.W. Grainger, Inc.
(“Grainger”) with extensive experience in logistics and supply
chain, strategy, technology, and business transformation. As Senior
Vice President and President, Grainger Business Unit, she is
responsible for the integrated commercial functions of Grainger’s
High-Touch Solutions segment in North America which had revenues of
$13.3 billion in 2023. In this role, she oversees sales, customer
solutions, marketing, pricing, merchandising, procurement,
sourcing, and supplier management. Paige has a broad set of
experiences in which she has displayed discerning judgment,
strategic thinking, a customer focus, values-driven people
leadership, logistics expertise, and experience leveraging
technology, data and analytics to drive measurable value. Since
joining Grainger in 2010, she has held various senior executive
roles including Chief Technology, Merchandising, Marketing and
Strategy Officer, Chief Digital Officer and positions of increasing
responsibility in Supply Chain.
C.H. Robinson's President and Chief Executive Officer, Dave
Bozeman, said, "These two business leaders have deep experience
running and expanding global, integrated businesses, providing a
great customer experience and delivering shareholder value." He
added, "We are excited to learn from their perspectives as we
continue to chart our path forward."
Michael McGarry said, "I am pleased to be nominated to join the
Board of Directors of C.H. Robinson. I respect the company's
culture, its deep industry expertise, and its focus on customer
service, and I hope to contribute my insights and expertise from
leading a global company. I look forward to working with the other
directors and the management team to help C.H. Robinson achieve its
goals and create value for its stakeholders."
"I am honored to be nominated to join the Board of Directors of
C.H. Robinson, a company that I admire for its innovation,
customer-centricity, and global reach. I look forward to
collaborating with the other directors and the management team to
help support and advance the company's strategic vision and goals,"
said Paige Robbins.
The company will provide additional information about the
nominees in its proxy statement, which will be filed with the
Securities and Exchange Commission and made available to
shareholders in advance of the annual meeting.
About C.H. Robinson
C.H. Robinson solves logistics problems for companies across the
globe and across industries, from the simple to the most complex.
With $22 billion in freight under management and 19 million
shipments annually, we are one of the world’s largest logistics
platforms. Our global suite of services accelerates trade to
seamlessly deliver the products and goods that drive the world’s
economy. With the combination of our multimodal transportation
management system and expertise, we use our information advantage
to deliver smarter solutions for more than 90,000 customers and
450,000 contract carriers on our platform. Our technology is built
by and for supply chain experts to bring faster, more meaningful
improvements to our customers’ businesses. As a responsible global
citizen, we are also proud to contribute millions of dollars to
support causes that matter to our company, our Foundation and our
employees. For more information, visit us at www.chrobinson.com
(Nasdaq: CHRW).
CHRW-IR
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FOR INVESTOR INQUIRIES, CONTACT: Chuck Ives, Director of
Investor Relations Email: chuck.ives@chrobinson.com
FOR MEDIA INQUIRIES, CONTACT: Duncan Burns, Chief
Communications Officer Email:
PublicRelations@chrobinson.com
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