C.H. Robinson Worldwide Names New President; Wiehoff Named President; Verdoorn Continues as Chairman and Chief Executive Officer.MINNEAPOLIS--(BUSINESS WIRE)--Dec. 1, 1999-- C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (Nasdaq:CHRW CHRW C.H. Robinson Worldwide (stock symbol) ) announced today that John P. Wiehoff, a C.H. Robinson senior vice president and its chief financial officer, has been named president of the company. D.R. "Sid" Verdoorn, age 60, formerly president of C.H. Robinson, will continue as its chairman and chief executive officer. In conjunction with this change, Chad M. Lindbloom will succeed Wiehoff as chief financial officer, and Thomas K. Mahlke will take over as corporate controller. "We've been blessed with a lot of extremely talented people who have helped shape Robinson's success, and John's leadership has been instrumental," said Verdoorn. "I have been impressed with his ability to be strategic while also fundamentally understanding the nuts and bolts nuts and bolts pl.n. Slang The basic working components or practical aspects: "[proposing] of our business. He has a solid vision of where Robinson needs to go and a commitment to preserving the essential strengths that have made us successful. He is an effective leader who will work with me and the rest of our executive team to help bring our company to the next level. As CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and as a shareholder, I'm very confident about our future." Wiehoff, age 38, has played a key role in developing and implementing the growth strategies of the company. "This is an exciting time for Robinson, with tremendous opportunities for us in the marketplace," said Wiehoff. "The focus of our efforts will be to protect and enhance our core strengths, while also tackling the challenges that lie ahead. Our industry is changing rapidly. Our ability to evolve, to continue attracting excellent people, and to better utilize technology to make us more efficient at serving our customers will be critical to our long-term success." "We're completing a record year. We've been exceeding our internal growth expectations, and have grown our service offerings and completed three key acquisitions," Wiehoff continued. "I'm looking forward to continuing to work closely with Sid (Verdoorn), Barry (Butzow), Greg (Goven) and the rest of our management group to help us meet the challenges which lie ahead. To round out our financial management leadership, we've also appointed Chad Lindbloom as our chief financial officer and Tom Mahlke as our corporate controller. We're fortunate to have a such a solid leadership team." Wiehoff joined the company as controller and treasurer in 1992 after eight years at Arthur Anderson Arthur Anderson may refer to:
Lindbloom, age 35, joined C.H. Robinson in 1990 and has served as the company's controller since June 1998. As controller he drove C.H. Robinson's financial reporting and played a key role in developing and implementing the company's growth and acquisition strategies. Mahlke, age 28, has been with C.H. Robinson since 1997 after four years at Arthur Anderson, LLP, where C.H. Robinson was one of his clients. Founded in 1905, C.H. Robinson Worldwide, Inc., has gross revenues of approximately $2 billion and is a global provider of multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting transportation services, logistics solutions and fresh produce sourcing, operating through a network of 131 offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Mexico, Europe, and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . In North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , C.H. Robinson is one of the largest third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. companies and maintains the single largest network of motor carrier capacity through contracts with more than 19,000 motor carriers. The company is one of the largest third-party providers of intermodal services in the United States. C.H. Robinson Worldwide, Inc., headquarters is in Eden Prairie, Minnesota The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. . For more information about C.H. Robinson Worldwide, visit www.chrobinson.com. Except for the historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties including, but not limited to such factors as market demand, pricing, risks associated with operations outside of the U.S., changing economic conditions, the effect of the company's accounting policies, and other risk factors detailed under "Cautionary Statement" in Exhibit 99 to C.H. Robinson's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on March 26, 1999. |
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