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EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

(EXPD)
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EXPEDITORS INTERNATIONAL OF WASHINGTON INC : Change in Directors or Principal Officers (form 8-K)

11/04/2021 | 03:17pm EST

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 1, 2021, the Board of Directors of Expeditors International of Washington, Inc. (the "Company") elected Olivia D. Polius as a Director and member of the Board's Audit Committee.

Since 2020, Ms. Polius has served as the divisional Chief Financial Officer for three program strategy divisions at the Bill & Melinda Gates Foundation: Gender Equality, Global Policy & Advocacy, and U.S. Programs. Previously Ms. Polius was Head of Finance for the Bezos Academy, a nonprofit network of tuition-free, Montessori-inspired preschools in underserved communities. From 2013 to 2019, Ms. Polius served as the Chief Financial Officer and Vice President of Finance, Technology and Infrastructure for PATH, a global organization that develops and scales innovative solutions to the world's most pressing health challenges. After starting her professional career with Arthur Andersen, Ms. Polius spent 11 years in various finance leadership roles in the software industry, including nine years at Attachmate (formerly WRQ), which was acquired by Micro Focus. She holds a bachelor's degree from the University of Washington.

As compensation for her service on the Board of Directors, Ms. Polius will receive the standard compensation for non-employee directors, which is described under the heading "Director Compensation" in the Company's definitive proxy statement, as filed with the Securities and Exchange Commission on March 23, 2021.

There are no family relationships between Ms. Polius and any Director or executive officer of the Company, and the Company has not entered into any transactions with Ms. Polius that would require disclosure under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Ms. Polius and any other person pursuant to which Ms. Polius was appointed as a Director of the Company.

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© Edgar Online, source Glimpses

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Financials (USD)
Sales 2021 15 569 M - -
Net income 2021 1 294 M - -
Net cash 2021 1 646 M - -
P/E ratio 2021 15,2x
Yield 2021 0,95%
Capitalization 19 681 M 19 681 M -
EV / Sales 2021 1,16x
EV / Sales 2022 1,15x
Nbr of Employees 17 480
Free-Float -
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Mean consensus UNDERPERFORM
Number of Analysts 14
Last Close Price 116,18 $
Average target price 119,46 $
Spread / Average Target 2,82%
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Managers and Directors
Jeffrey S. Musser District Manager
Bradley S. Powell Chief Financial Officer & Senior Vice President
Robert R. Wright Independent Chairman
Robert Paul Carlile Chairman-Elect
Christopher J. McClincy Chief Information Officer & Senior Vice President
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