C.H. Robinson Worldwide, Inc. announced that it has advanced the ongoing refresh of its Board of Directors through the appointments of Jay Winship and Henry Maier as independent directors. In addition, the Board is conducting a search for a third new independent director candidate, who is expected to be nominated for election at the 2022 Annual Meeting of Shareholders. Following the Annual Meeting and the election of the third new director, the company's board will comprise 11 directors, 10 of whom will be independent.

In addition, the company's board will form a Capital Allocation and Planning Committee, which will objectively assess value creation opportunities, make recommendations to the Board and support management's review of the company's capital allocation, operations and strategy, including enhanced transparency and disclosures to shareholders. The four-member committee will be chaired by Mr. Winship and initially include Messrs. Anderson, Biesterfeld and Maier.

Mr. Jay Winship is the Founder, President and CEO of Pacific Point. Prior to founding Pacific Point, Mr. Winship was aPrincipal, Senior Managing Director and Investment Committee member of Relational Investors LLC. Mr. Winship has over 25 years of investment experience including knowledge in the areas of investment management, portfolio construction, corporate finance, securities analysis, real estate, investment, securities and business valuation, corporate governance, mergers, acquisitions and investment banking.

Mr. Winship currently serves on the board of Bunge Limited. Mr. Henry Maier is the former President and CEO of FedEx Ground. Mr. Maier has over 40 years of experience in the transportation industry, including more than 30 years at FedEx companies.

His FedEx career includes various leadership positions in logistics, sales, marketing and communications. Prior to serving as President and CEO, he was an executive vice president of FedEx Ground and responsible for all the company's strategic planning, contractor relations and corporate communications programs. He currently serves as a director on the boards of CalAmp Corp., CarParts.com, Inc. and transportation holding company Kansas City Southern.