Management Changes to Support Anticipated Increase in Technology
Investments
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Dec. 8, 2014--
C.H. Robinson (Nasdaq: CHRW) today announced that Chad M. Lindbloom, the
company’s Chief Financial Officer, will assume the role of Chief
Information Officer. Lindbloom, the long-time Chief Financial Officer,
will retain the CFO role while the company conducts a formal search for
a replacement. Thomas K. Mahlke, who has served as CIO for seven years,
and previous to that the controller for eight years, will be moving into
a financial and analytical leadership role in the company’s North
American Surface Transportation division.
“Technology is one of our core competitive advantages and an essential
part of our strategy. Our business continues to evolve and globalize and
the importance of technology, and our related investments, will increase
in the future,” said John Wiehoff, Chief Executive Officer. “We
internally develop all of our core technology. Finance and IT have
always been very closely aligned in our proprietary technology solutions
that include heavy investment in financial controls and analysis for our
customers. Chad has served on our IT Steering Committee for many years
and he has significant experience leading many of our technology
strategic initiatives. His deep understanding of our business, customer
and supplier relationships, and future growth strategies will be
instrumental in his success and ability to lead our global IT team.
These changes will help position Robinson to execute our long term
strategy and I’m excited to have both Chad and Tom in their new roles.”
“I’m honored to have served the company as CFO for 15 years, and am
excited for my new role,” said Mr. Lindbloom. “I have always had a
passion for our technology and this position enables me to support our
ongoing success by leading our very talented technology team and our
strategy for Navisphere, our global technology platform. Our innovation,
customer focus, and global scale have been key to our industry-leading
technology and will continue to be critical to our strength in the
marketplace.”
Founded in 1905, C.H. Robinson is one of the largest non-asset based
third party logistics companies in the world. C.H. Robinson is a global
provider of multimodal transportation services and logistics solutions,
currently serving over 46,000 customers through a network of over 280
offices in North America, South America, Europe, and Asia. C.H. Robinson
delivers its products and services through its proprietary, integrated
software, Navisphere. C.H. Robinson maintains one of the largest
networks of motor carrier capacity in North America and works with
approximately 63,000 transportation providers worldwide. For more
information about our company, visit our Web site at www.chrobinson.com.
Source: C.H. Robinson
C.H. Robinson Worldwide, Inc.
Tim Gagnon, director of investor relations, 952-683-5007
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding C.H. Robinson Worldwide Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.