8-KLeadership ChangesExhibits & Filings

EXPEDITORS INTERNATIONAL OF WASHINGTON INC 8-K Report, Executive Changes (Aug 7, 2025)

Filed August 7, 2025For Securities:EXPD

Summary

Expeditors International of Washington, Inc. (EXPD) has announced a key leadership transition within its finance department. Bradley S. Powell, the current Senior Vice President and Chief Financial Officer (CFO), has informed the Board of his intention to retire, with his departure set for September 30, 2025. This marks the end of Mr. Powell's tenure in this critical role. In conjunction with Mr. Powell's retirement, the company has appointed David A. Hackett as the new Senior Vice President and CFO, effective October 1, 2025. Mr. Hackett brings a strong financial background, having joined Expeditors in May 2024 as Vice President, Finance. His prior experience includes nearly 16 years at NIKE, Inc., where he held various senior finance roles, including Vice President of Finance and Strategy. He also has a background in public accounting with KPMG. Investors should view this as a planned succession, with a focus on continuity and leveraging Mr. Hackett's extensive financial expertise.

Key Highlights

  • 1Bradley S. Powell, Senior Vice President and CFO, to retire effective September 30, 2025.
  • 2David A. Hackett appointed as the new Senior Vice President and CFO, effective October 1, 2025.
  • 3Mr. Hackett joined Expeditors in May 2024 as Vice President, Finance.
  • 4Mr. Hackett possesses extensive financial experience, including nearly 16 years at NIKE, Inc. in various senior finance roles.
  • 5Mr. Hackett's prior experience includes serving as a senior manager in the audit function at KPMG.
  • 6The appointment of Mr. Hackett is a planned succession with no related arrangements or family ties to other executives.
  • 7The filing includes a press release dated August 6, 2025, as an exhibit.

Frequently Asked Questions

David A. Hackett has been appointed as the new Senior Vice President and Chief Financial Officer, effective October 1, 2025.

Bradley S. Powell's retirement is effective September 30, 2025, and David A. Hackett's appointment as CFO is effective October 1, 2025.

David A. Hackett joined Expeditors in May 2024 as Vice President, Finance. Prior to that, he spent almost 16 years at NIKE, Inc. in senior finance roles, including as Vice President of Finance and Strategy, and held positions in external reporting, controllership, and global treasury. He also worked for nearly nine years at KPMG in audit.

No, the filing states there are no arrangements or understandings between Mr. Hackett and any other persons regarding his appointment, nor does he have any family relationship with the Company's directors or executive officers, or any material indirect interest in transactions requiring disclosure.