AI English summary of an SEC filing — figures as filed
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.
Key points
AI summaryThe 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.
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.
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.
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-writtenAnalysis 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.
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