leadership
confidence high
sentiment positive
materiality 0.60
C.H. Robinson appoints Winship and Maier to board, forms capital committee with Ancora
C. H. ROBINSON WORLDWIDE, INC.
- Appointed Henry Winship and Henry Maier to Board; Board to expand to 11 directors after 2022 Annual Meeting.
- Two current directors (Fortun and Short) will not stand for reelection; Board size to reduce to 10 or 11.
- Formed Capital Allocation and Planning Committee, chaired by Winship, including Anderson, Biesterfeld, Maier.
- Ancora agreed to support Board's slate at 2022 Annual Meeting; standstill and voting provisions in place.
- Board also searching for a third new independent director candidate for nomination at 2022 Annual Meeting.