C.H. Robinson Worldwide, Inc. Files Definitive Proxy Statement
Ticker: CHRW · Form: DEF 14A · Filed: 2024-03-26T00:00:00.000Z
Sentiment: neutral
Topics: Proxy Statement, DEF 14A, Executive Compensation, Corporate Governance, Shareholder Meeting
TL;DR
<b>C.H. Robinson Worldwide, Inc. has filed its Definitive Proxy Statement for the fiscal year ended December 31, 2023.</b>
AI Summary
C. H. ROBINSON WORLDWIDE, INC. (CHRW) filed a Proxy Statement (DEF 14A) with the SEC on March 26, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for C.H. Robinson Worldwide, Inc. The reporting period for the filing is the fiscal year ended December 31, 2023. The filing was submitted on March 26, 2024. The company's IRS number is 411883630. C.H. Robinson Worldwide, Inc. is incorporated in Delaware.
Why It Matters
For investors and stakeholders tracking C. H. ROBINSON WORLDWIDE, INC., this filing contains several important signals. This filing provides detailed information on executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand governance and potential changes. As a DEF 14A filing, it signals the company is preparing for its annual shareholder meeting, where key decisions regarding company leadership and strategy will be made.
Risk Assessment
Risk Level: low — C. H. ROBINSON WORLDWIDE, INC. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates that would immediately impact the company's risk profile.
Analyst Insight
Review the executive compensation details and any shareholder proposals to assess potential impacts on corporate governance and future strategy.
Key Numbers
- 20231231 — Fiscal Year End (Conformed period of report)
- 20240326 — Filing Date (Filed as of date)
- 000-23189 — SEC File Number (SEC file number)
- 24783747 — Film Number (Film number)
Key Players & Entities
- C. H. ROBINSON WORLDWIDE, INC. (company) — Filer name
- DEF 14A (document) — Filing type
- 20231231 (date) — Conformed period of report
- 20240326 (date) — Filed as of date
- 0001043277 (company) — Central Index Key
- 411883630 (company) — IRS number
- DE (location) — State of incorporation
- 14701 CHARLSON ROAD (address) — Business address street 1
FAQ
When did C. H. ROBINSON WORLDWIDE, INC. file this DEF 14A?
C. H. ROBINSON WORLDWIDE, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 26, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by C. H. ROBINSON WORLDWIDE, INC. (CHRW).
Where can I read the original DEF 14A filing from C. H. ROBINSON WORLDWIDE, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by C. H. ROBINSON WORLDWIDE, INC..
What are the key takeaways from C. H. ROBINSON WORLDWIDE, INC.'s DEF 14A?
C. H. ROBINSON WORLDWIDE, INC. filed this DEF 14A on March 26, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for C.H. Robinson Worldwide, Inc.. The reporting period for the filing is the fiscal year ended December 31, 2023.. The filing was submitted on March 26, 2024..
Is C. H. ROBINSON WORLDWIDE, INC. a risky investment based on this filing?
Based on this DEF 14A, C. H. ROBINSON WORLDWIDE, INC. presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant operational updates that would immediately impact the company's risk profile.
What should investors do after reading C. H. ROBINSON WORLDWIDE, INC.'s DEF 14A?
Review the executive compensation details and any shareholder proposals to assess potential impacts on corporate governance and future strategy. The overall sentiment from this filing is neutral.
How does C. H. ROBINSON WORLDWIDE, INC. compare to its industry peers?
C.H. Robinson Worldwide, Inc. operates in the transportation and logistics industry, providing freight brokerage and other supply chain services.
Are there regulatory concerns for C. H. ROBINSON WORLDWIDE, INC.?
The filing is a standard SEC disclosure (DEF 14A) required for publicly traded companies to inform shareholders about matters to be voted on at annual meetings.
Industry Context
C.H. Robinson Worldwide, Inc. operates in the transportation and logistics industry, providing freight brokerage and other supply chain services.
Regulatory Implications
The filing is a standard SEC disclosure (DEF 14A) required for publicly traded companies to inform shareholders about matters to be voted on at annual meetings.
What Investors Should Do
- Analyze the compensation packages for named executive officers.
- Review any shareholder proposals and management's recommendations.
- Examine the composition and independence of the Board of Directors.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings in terms of financial performance or strategic direction.
Filing Stats: 4,417 words · 18 min read · ~15 pages · Grade level 12.5 · Accepted 2024-03-26 16:17:07
Key Financial Figures
- $17.6B — most powerful supply chain platform. $17.6B 2023 Total Revenues 15,000 Employees
Filing Documents
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Executive Compensation Tables
Executive Compensation Tables 76 CEO Pay Ratio 84 Pay Versus Performance 85 PROPOSAL 3 Ratification of the Selection of Independent Auditors 89 Audit-Related Matters 90 Independent Auditors' Fees 90 Pre- A pproval Policy 91 Audit Committee Report 92
Security Ownership and Related Information
Security Ownership and Related Information 93
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 93 Related Party Transactions 95 Delinquent Section 16(a) Filings 95 Additional Information 96 Proxy Statement for the 202 4 Annual Meeting of Shareholders 96 Questions and Answers about the Annual Meeting 96 Other Information 99 2024 Proxy Statement 3 Notice of 2024 Annual Meeting of Shareholders DATE AND TIME Thursday, May 9, 2024 at 1:00 p.m. (CT) LOCATION www.virtualshareholdermeeting.com/CHRW2024 WHO CAN VOTE Shareholders of record at the close of business on March 13, 2024 Voting Items Proposals Board Vote Recommendation For Further Details 1 To elect 12 directors to serve for a term of one year FOR each director nominee Page 13 2 To approve, on an advisory basis, the compensation of named executive officers FOR Page 47 3 To ratify the selection of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024 FOR Page 89 We will also conduct any other business that properly comes before the meeting and any adjournment or postponement of the meeting. We use the internet to distribute proxy materials to our shareholders. We believe it is an efficient and cost-effective way to provide the material and it reduces the environmental impact of our Annual Meeting. The Notice of Internet Availability of Proxy Materials for the Annual Meeting and the associated Proxy Statement and Annual Report are available at www.proxyvote.com. Mailing of the Notice of Internet Availability of Proxy Materials to our shareholders is expected to commence on March 26, 2024 and be completed by March 29, 2024. The notice has instructions on how to access our 2024 Proxy Statement and Annual Report, attend our virtual only meeting, and vote online. Shareholders who have requested hard copies of the proxy materials will receive the Proxy Statement and Annual Report by mail. By Order of the Board of Directors: