Report
Matthew Young
EUR 100.00 For Business Accounts Only

C.H. Robinson's COO Bob Biesterfeld to Succeed Longtime CEO John Wiehoff Following Retirement

Wide-moat third-party logistics leader C.H. Robinson’s Board selected chief operating officer Bob Biesterfeld to take the reins on May 9, following longtime CEO John Wiehoff’s retirement. We note Wiehoff has been CEO for roughly 17 years, overseeing C.H. Robinson’s long stretch of industry-leading execution in the North American asset-light highway brokerage industry. Wiehoff will remain chairman of the board. The decision is the result of a leadership succession plan that we believe the board m...
Underlying
C.H. Robinson Worldwide Inc.

Robinson (C.H.) Worldwide is a third party logistics company. The company provides freight transportation services and logistics solutions to companies. The company's segments are: North American Surface Transportation, which provides freight transportation services across North America through a network of offices; and Global Forwarding, which provides global logistics services through an international network of offices and also contracts with independent agents; and All Other and Corporate, which includes Robinson Fresh? that provides sourcing services including the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items, and managed services that provides Managed TMS?.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young

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