Expeditors enters employment agreements with three top executives at $100k base salary

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Kelly Blacker (President Global Geographies), Blake Bell (President Global Business Dev), Bradley Powell (SVP & CFO) sign new employment agreements.
Annual base salary set at $100,000 each, subject to periodic review and adjustment.
Severance: if terminated without cause, lump sum equal to 1/2 of total cash compensation over prior 12 months.
6-month non-compete and 12-month non-solicitation provisions included; each received $5,000 signing consideration.
Blacker's agreement effective April 1, 2025; Bell's and Powell's effective May 20, 2025.

item 5.02item 9.01

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