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C.H. Robinson (CHRW) Appoints New Chief Financial Officer
C.H. RobinsonC.H. Robinson(US:CHRW) ZACKSยท2024-06-07 20:00

Core Viewpoint - C.H. Robinson Worldwide, Inc. has appointed Damon Lee as the new chief financial officer, effective July 8, 2024, following the planned transition from current CFO Mike Zechmeister, who will retire after filing the second quarter Form 10-Q [1][2] Group 1: Leadership Transition - Damon Lee brings over 25 years of experience in operational finance leadership roles, which is expected to enhance C.H. Robinson's competitive position in the industry [3] - Lee is currently the vice president and CFO of GE Commercial Engines and Services, and has held senior finance roles at Aptiv, Precision Castparts, and Eaton prior to joining GE in 2021 [2] Group 2: Strategic Alignment - The CEO of C.H. Robinson, Dave Bozeman, emphasized that Lee's extensive experience and strategic capabilities align with the company's high standards and forward-thinking approach [2] - Lee's background in Lean and continuous improvement is anticipated to significantly benefit the company's new operating model and enterprise strategy [2]