Expeditors Appoints New CEO as Jeffrey S. Musser Announces Retirement
Expeditors International (NYSE:EXPD) announced that CEO Jeffrey S. Musser will retire on March 31, 2025, after 42 years with the company. Daniel R. Wall, current President of Global Geographies, will succeed as CEO effective April 1, 2025. Under Musser's leadership since 2014, the company grew from $6.1B in revenues and 14,000 employees to $10.6B and 18,000+ employees in 2024, returning $9.6B to shareholders and increasing EPS by 240%.
Wall, 56, joined Expeditors in 1987 and has held various leadership positions, including District Manager, Global Director, Vice President, and President roles. The Board believes Wall's experience and dedication make him the ideal candidate to lead the company forward. Upon retirement, Musser will step down from the Board, with Wall being appointed and standing for election at the upcoming Annual Meeting.
Expeditors International (NYSE:EXPD) ha annunciato che il CEO Jeffrey S. Musser si ritirerà il 31 marzo 2025, dopo 42 anni con l'azienda. Daniel R. Wall, attuale Presidente delle Geografie Globali, succederà come CEO a partire dal 1 aprile 2025. Sotto la guida di Musser dal 2014, l'azienda è cresciuta da 6,1 miliardi di dollari di ricavi e 14.000 dipendenti a 10,6 miliardi di dollari e oltre 18.000 dipendenti nel 2024, restituendo 9,6 miliardi di dollari agli azionisti e aumentando l'EPS del 240%.
Wall, 56 anni, è entrato in Expeditors nel 1987 e ha ricoperto varie posizioni dirigenziali, tra cui quella di District Manager, Global Director, Vice Presidente e Presidente. Il Consiglio ritiene che l'esperienza e la dedizione di Wall lo rendano il candidato ideale per guidare l'azienda verso il futuro. Al momento del ritiro, Musser si dimetterà dal Consiglio, con Wall che sarà nominato e si presenterà per l'elezione alla prossima Assemblea Annuale.
Expeditors International (NYSE:EXPD) anunció que el CEO Jeffrey S. Musser se retirará el 31 de marzo de 2025, tras 42 años en la empresa. Daniel R. Wall, actual Presidente de Geografías Globales, asumirá como CEO a partir del 1 de abril de 2025. Bajo el liderazgo de Musser desde 2014, la empresa creció de $6.1B en ingresos y 14,000 empleados a $10.6B y más de 18,000 empleados en 2024, devolviendo $9.6B a los accionistas y aumentando el EPS en un 240%.
Wall, de 56 años, se unió a Expeditors en 1987 y ha ocupado varios puestos de liderazgo, incluyendo Gerente de Distrito, Director Global, Vicepresidente y Presidente. La Junta cree que la experiencia y dedicación de Wall lo convierten en el candidato ideal para llevar la empresa hacia adelante. Al momento de su retiro, Musser dejará la Junta, y Wall será nombrado y se presentará a elección en la próxima Junta Anual.
Expeditors International (NYSE:EXPD)는 CEO 제프리 S. 머서가 2025년 3월 31일에 퇴임한다고 발표했습니다. 그는 회사에서 42년을 근무했습니다. 현재 글로벌 지리 부문 사장인 다니엘 R. 월이 2025년 4월 1일부터 CEO로 취임합니다. 머서의 리더십 하에 2014년부터 회사는 61억 달러의 수익과 14,000명의 직원에서 2024년에는 106억 달러와 18,000명 이상의 직원으로 성장했으며, 주주에게 96억 달러를 반환하고 EPS를 240% 증가시켰습니다.
56세인 월은 1987년 Expeditors에 입사하여 지역 관리자, 글로벌 이사, 부사장 및 사장직을 포함한 여러 리더십 직위를 역임했습니다. 이사회는 월의 경험과 헌신이 회사를 이끌기에 이상적인 후보라고 믿습니다. 퇴임 시 머서는 이사회에서 사임하며, 월은 다음 연례 회의에서 선출될 것입니다.
Expeditors International (NYSE:EXPD) a annoncé que le PDG Jeffrey S. Musser prendra sa retraite le 31 mars 2025, après 42 ans au sein de l'entreprise. Daniel R. Wall, président actuel des Géographies Globales, lui succédera en tant que PDG à compter du 1er avril 2025. Sous la direction de Musser depuis 2014, l'entreprise est passée de 6,1 milliards de dollars de revenus et 14 000 employés à 10,6 milliards de dollars et plus de 18 000 employés en 2024, restituant 9,6 milliards de dollars aux actionnaires et augmentant le BPA de 240 %.
Wall, âgé de 56 ans, a rejoint Expeditors en 1987 et a occupé divers postes de direction, y compris ceux de directeur de district, directeur mondial, vice-président et président. Le Conseil estime que l'expérience et le dévouement de Wall font de lui le candidat idéal pour diriger l'entreprise vers l'avenir. Lors de sa retraite, Musser se retirera du Conseil, Wall étant nommé et se présentant à l'élection lors de la prochaine Assemblée Générale.
Expeditors International (NYSE:EXPD) gab bekannt, dass CEO Jeffrey S. Musser am 31. März 2025 nach 42 Jahren im Unternehmen in den Ruhestand gehen wird. Daniel R. Wall, derzeit Präsident der Global Geographies, wird am 1. April 2025 als CEO nachfolgen. Unter der Führung von Musser seit 2014 wuchs das Unternehmen von 6,1 Milliarden Dollar Umsatz und 14.000 Mitarbeitern auf 10,6 Milliarden Dollar und über 18.000 Mitarbeiter im Jahr 2024, wobei 9,6 Milliarden Dollar an die Aktionäre zurückgegeben und das EPS um 240 % gesteigert wurde.
Wall, 56, trat 1987 in Expeditors ein und hatte verschiedene Führungspositionen inne, darunter Bezirksleiter, Global Director, Vizepräsident und Präsident. Der Vorstand ist der Meinung, dass Walls Erfahrung und Engagement ihn zum idealen Kandidaten machen, um das Unternehmen in die Zukunft zu führen. Nach seinem Rücktritt wird Musser aus dem Vorstand ausscheiden, während Wall ernannt wird und sich zur Wahl bei der kommenden Hauptversammlung stellen wird.
- Revenue growth from $6.1B to $10.6B under current CEO (2014-2024)
- Employee growth from 14,000 to 18,000+ under current CEO
- Returned $9.6B to shareholders through dividends and share repurchases
- 240% increase in earnings per share under current CEO
- Planned smooth leadership transition with experienced internal successor
- None.
Daniel R. Wall Appointed Next CEO
“Jeff has spent decades living and expressing the very best of the Expeditors culture, as has Dan,” said Bob Carlile, Chair of Expeditors’ Board of Directors. “Both executives have excelled at every level within our organization, having distinguished themselves throughout long and meaningful careers with our company. Both started when they were young, and both have demonstrated the qualities of leadership necessary to continue to take our company to the next level of performance.
“We sincerely thank Jeff for embracing the difficult task of taking the helm from one of our long-time founders back in 2014. Jeff joined Expeditors at age 16 and advanced through many different roles with excellence throughout his 42-year career. In 2014 he was promoted to the Chief Executive role, becoming just the third CEO in our history. He led the Company’s growth from
“Dan is absolutely the best choice to succeed Jeff’s strong tenure, as Dan demonstrated tremendous leadership skills and instincts in his presidents roles under Jeff. In his 38 years with Expeditors, Dan has proven himself as a motivator who inspires our organization at all levels. He keeps strong relationships with our customers and carriers, and understands our business as well as anyone anywhere in the world today.”
Daniel R. Wall, 56, joined Expeditors in March 1987 and was promoted to District Manager in May 1992 and Global Director - Account Management in March 2002. Mr. Wall was elected Vice President – ECMS (Order Management) in January 2004 and Senior Vice President - Ocean Services in September 2004. Mr. Wall was appointed as President, Global Products in June 2015, and as President, Global Services, effective January 1, 2023. In October 2023, Mr. Wall was named President, Global Geographies and Operations, effective January 1, 2024.
Mr. Carlile added, “We are grateful for Jeff’s extraordinary leadership during his 11 years as CEO. It will be a seamless transition to Dan as CEO. Critical to our culture is our commitment to the development of our employees as they advance in their careers with Expeditors. As such, the vast majority of our leaders throughout the world have been promoted from within. We on the Board believe managing leadership succession and refreshment is one of our most critical roles in service to the Company. In that capacity, we evaluated several potential CEO candidates as part of our regular succession planning. Ultimately, Dan’s experience and driven personality put him at the top of the list. Like Jeff, Dan started at the very bottom of our organization when he was still in his teens. We believe his decades of dedication to our industry in general and to Expeditors in particular is critical to upholding and advancing our mission, vision, and culture as we move forward through our second 45 years.”
Expeditors is a global logistics company headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218919113/en/
Jeffrey S. Musser
President and Chief Executive Officer
(206) 674-3433
Bradley S. Powell
Senior Vice President and Chief Financial Officer
(206) 674-3412
Geoffrey Buscher
Director - Investor Relations
(206) 892-4510
Source: Expeditors International of Washington, Inc.
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