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Expeditors International logoExpeditors International EXPD

The company said Bradley S. Powell, Senior Vice President and Chief Financial Officer, notified the Board of Directors of his plans to retire on August 4, 2025, with his retirement effective September 30, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Bradley S. Powell, Senior Vice President and Chief Financial Officer, notified the Board of Directors of his plans to retire on August 4, 2025, with his retirement effective September 30, 2025.

  2. The company said it appointed David A. Hackett, Vice President, Finance, as Senior Vice President and Chief Financial Officer on August 4, 2025, effective October 1, 2025.

  3. The company said Hackett, 52, joined Expeditors in May 2024 as Vice President, Finance, and previously served in finance roles at NIKE, Inc. for nearly 16 years and spent nearly 9 years in the audit function at KPMG.

  4. Daniel R. Wall, President and Chief Executive Officer, said that over the past 17 years under Powell, Expeditors increased its dividend from $0.32 to $1.54 and returned a total of $11.7 billion to shareholders through share repurchases and dividends.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CFO Bradley S. Powell Notifies Board of Retirement Plans

The company said Bradley S. Powell, Senior Vice President and Chief Financial Officer, notified the Board of Directors of his plans to retire on August 4, 2025, with his retirement effective September 30, 2025.

Source · Based on the filing body and exhibits

David A. Hackett Appointed as New CFO

The company said it appointed David A. Hackett, Vice President, Finance, as Senior Vice President and Chief Financial Officer on August 4, 2025, effective October 1, 2025.

Source · Based on the filing body and exhibits

Hackett's Background

The company said Hackett, 52, joined Expeditors in May 2024 as Vice President, Finance, and previously served in finance roles at NIKE, Inc. for nearly 16 years and spent nearly 9 years in the audit function at KPMG.

Source · Based on the filing body and exhibits

Shareholder Returns During Powell's Tenure

Daniel R. Wall, President and Chief Executive Officer, said that over the past 17 years under Powell, Expeditors increased its dividend from $0.32 to $1.54 and returned a total of $11.7 billion to shareholders through share repurchases and dividends.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.