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John Wiehoff to step down after 17 years as CEO
C.H. Robinson announced that Robert (Bob) Biesterfeld, currently the Company's Chief Operating Officer, has been named Chief Executive Officer. As part of a long-planned succession process managed by C.H. Robinson’s Board of Directors, Biesterfeld was named COO in March 2018. Biesterfeld has also been nominated to stand for election to the C.H. Robinson Board of Directors. Current Chairman and CEO John Wiehoff will remain Chairman of the Board following this succession. Scott Anderson, current C.H. Robinson Board member, will become the Lead Independent Director. All moves will become effective on May 9, 2019, coinciding with the annual meeting of shareholders.
John Wiehoff has been CEO of Robinson over the past 17 years. During his tenure as CEO, C.H. Robinson total revenues have increased over 500.0% to US$16.6 billion. This strong performance has translated into strong stock price performance, with annualised total shareholder returns of 13.0% over the past 17 years.
The Company is accelerating investments in emerging technology to further transform how it creates value within a global ecosystem of over 124,000 customers and 76,000 active contract carriers.
Biesterfeld has been with C.H. Robinson for 20 years. Prior to becoming COO in March 2018, he was President, North America Surface Transportation. Biesterfeld also served as Vice President, Truckload and Vice President, Robinson Fresh. He started his career in Robinson Fresh in 1999.