secwatch.observer — SEC 8-K summary
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Issuer:     C. H. ROBINSON WORLDWIDE, INC. (CHRW)
CIK:        0001043277
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001193125-23-161232
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C.H. Robinson appoints Dave Bozeman as CEO effective June 26, 2023
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- David P. Bozeman named President and CEO, succeeding interim CEO Scott Anderson who remains on the board.
- Bozeman previously held senior roles at Ford, Amazon, Caterpillar, and Harley-Davidson.
- Annual base salary of $1.0M, target cash incentive of 150% of base, and long-term equity valued at $6.5M.
- Signing bonus of $5.0M (repayable if terminated within 2 years), one-time PSU of $6.5M, and make-whole RSU of $12.0M.
- Bozeman also receives relocation benefits, up to $100K annual housing/transport, and personal aircraft use up to $100K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043277/000119312523161232/0001193125-23-161232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043277/000119312523161232/d504423d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-161232

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