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Expeditors International Founder Steps Down as Chairman in Board of Directors Shake Up

Robert Wright was appointed chairman of the board of directors for Expeditors International of Washington, the company said in a press release (here). Wright, CEO of a real estate company, replaces Expeditors founder Peter Rose, who announced his resignation from…

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the board the same day (here). Rose pointed to " the necessity of the team being able to pursue their current strategic re-assessment free of any influence flowing from their allegiance to a 25-year tenured CEO and Founder," in his resignation letter.