secwatch.observer — SEC 8-K summary
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Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001043277-24-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C.H. Robinson appoints Damon Lee as new CFO effective after Q2 2024 10-Q filing
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- Damon Lee, formerly VP & CFO of GE Commercial Engines & Services ($24B division), appointed CFO.
- Lee starts July 8, 2024; assumes role day after Q2 2024 10-Q filing; Mike Zechmeister retires.
- Compensation: $700K base salary, 100% target cash incentive, $1.8M equity (60% PSUs, 40% RSUs), $1.4M signing bonus, $2.5M make-whole RSU.
- Lee brings 25 years operational finance leadership at GE, Aptiv, Precision Castparts, Eaton; Lean and continuous improvement expertise.
- CEO Dave Bozeman cites Lee's fit with enterprise strategy and new operating model.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000104327724000030/0001043277-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000104327724000030/chrw-20240604.htm
  HTML page:      https://secwatch.observer/filing/0001043277-24-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer