Expeditors Announces New President and Chief Executive Officer

Leadership Transition - Expeditors International of Washington, Inc. has appointed Daniel R. Wall as the next president and CEO, effective April 1, 2025, succeeding Jeffrey S. Musser who will step down on March 31, 2025 [1][2] - Bob Carlile, chairman of the board, praised both Musser and Wall for their long and distinguished careers within the company, highlighting their leadership qualities [3] Jeffrey S. Musser's Tenure - Musser joined Expeditors at the age of 16 and has had a 42-year career, becoming CEO in 2014 and overseeing significant growth from $6.1 billion in revenues and 14,000 employees in 2013 to$10.6 billion in revenues and over 18,000 employees in 2024 [4][5] - Under Musser's leadership, the company returned $9.6 billion to shareholders through dividends and share repurchases, and increased earnings per share by 240% [4] Daniel R. Wall's Background - Wall has been with Expeditors since March 1987, holding various leadership positions, including president of Global Products and Global Services, and most recently president of Global Geographies and Operations [6][7] - His extensive experience and proven leadership skills are expected to enhance the company's operations and competitive position in the industry [7]