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An announcement from Expeditors International ( (EXPD) ) is now available.
On February 19, 2025, Expeditors International announced that CEO Jeffrey S. Musser plans to retire on March 31, 2025. Daniel R. Wall will succeed him as the new President and CEO, effective April 1, 2025. Wall, who has been with the company since 1987, has held various leadership roles and is recognized for his strong leadership skills and deep understanding of the business. This leadership transition aligns with Expeditors’ tradition of promoting from within and is expected to be seamless, continuing the company’s commitment to its culture and mission.
More about Expeditors International
Expeditors is a global logistics company headquartered in Bellevue, Washington. The company employs trained professionals in 172 district offices and numerous branch locations across six continents, connected through an integrated information management system. Their services include air and ocean freight consolidation or forwarding, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution, and customized logistics solutions.
YTD Price Performance: 7.28%
Average Trading Volume: 1,020,760
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.52B
Learn more about EXPD stock on TipRanks’ Stock Analysis page.
