secwatch.observer — SEC 8-K summary
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Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2023-01-03T23:59:59+00:00
Accession:  0001193125-23-000266
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C.H. Robinson CEO Bob Biesterfeld steps down; Scott Anderson named interim CEO
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- Bob Biesterfeld stepped down as President & CEO and director effective Dec 31, 2022; termination was without cause, triggering severance benefits.
- Scott Anderson appointed Interim CEO effective Jan 1, 2023; Board has commenced a permanent CEO search with Russell Reynolds.
- Interim CEO Anderson's compensation: $1.1M base salary, 155% target bonus, and $2.5M RSU grant vesting in one year.
- COO Arun Rajan gets base salary increase to $910K, 120% bonus target, $4M LTIP, and $3.5M retention RSUs.
- Jodee Kozlak named independent Board Chair; Kermit Crawford appointed Governance Committee Chair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000119312523000266/0001193125-23-000266-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000119312523000266/d436281d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-000266

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