In a press release, C.H. Robinson said its board had commenced a search for a new permanent CEO and has retained Russell Reynolds, a national executive search firm, to assist in the process of identifying internal and external candidates.
The company also announced that besides Mr. Anderson’s appointment as interim CEO, Jodee Kozlak will become independent Chair of the C.H. Robinson Board.
Moreover, C.H. Robinson has also made changes to the membership of the Audit Committee and Governance Committee so that these committees remain composed solely of independent directors, and appointed Kermit Crawford the Chair of the Governance Committee.
“On behalf of the Board of Directors, I thank Bob for his many important contributions over the past three years as CEO and his 24 years with C.H. Robinson,” said Mr. Anderson. “Since joining Robinson in 1999, Bob has played an important role in positioning C.H. Robinson for long-term success, most recently leading the company through a challenging period, which included COVID-19 and dealing with supply chain disruptions. We wish him all the best.”
Mr. Anderson added:
“I am honored to take on the role of Interim CEO and am committed to ensuring this will be a seamless transition for all C.H. Robinson stakeholders. Now is the right time for C.H. Robinson to accelerate our strategic initiatives and the Board is focused on identifying a CEO successor who can execute on the opportunities ahead for Robinson. I look forward to working closely with our talented employees to continue to improve our customer and carrier experience, and scale our digital processes to foster sustainable growth.”
Meanwhile, departing CEO Bob Biesterfeld said:
“It has been a privilege to lead C.H. Robinson and this exceptional team. I am proud of all that we have achieved together, and it has been a pleasure working with so many talented members of the team throughout the organization during my tenure as CEO. I am confident that C.H. Robinson’s industry leading people and culture will continue to ensure that the company is well-positioned for the future.”
The move seemingly comes amid a troubling time for C.H. Robinson. As reported by US-based Transport Dive, in November, the company announced around 650 redundancies. In addition, C.H. Robinson has said it is looking to make $150 million in annual cost-savings due to reduced demand hitting the transportation industry.
Photo: MarkTraceur, CC BY-SA 4.0, via Wikimedia Commons
