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C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) announced the resignation of Henry W. “Jay” Winship from its Board of Directors, effective immediately as of Monday. According to a statement included in a Securities and Exchange Commission filing, Mr. Winship’s departure was not due to any disagreement related to the company’s operations, policies, or practices.
The company, based in Eden Prairie, Minnesota, disclosed the change in a Form 8-K report filed with the SEC. No additional details regarding the circumstances of the resignation or plans for board succession were provided in the filing. According to InvestingPro, which offers comprehensive analysis of 1,400+ US stocks, C.H. Robinson maintains strong financial health with a "GOOD" overall score.
C.H. Robinson Worldwide is listed on the Nasdaq Global Select Market under the ticker CHRW. The information in this article is based on a press release statement included in the company’s SEC filing.
In other recent news, C.H. Robinson Worldwide has been the focus of several noteworthy developments. The company reported an "impressive" second-quarter earnings report for 2025, which has led Baird to upgrade its stock rating from Neutral to Outperform, with an increased price target of $135.00. Additionally, S&P Global Ratings has upgraded C.H. Robinson’s credit rating to ’BBB+’ from ’BBB’, citing improved credit metrics due to operational initiatives and disciplined capital allocation. This upgrade is attributed to the company’s funds from operations to debt ratio remaining above the previous threshold since late 2024.
Furthermore, C.H. Robinson has declared a quarterly dividend of $0.62 per share, continuing its long-standing record of annual dividend increases for over 25 years. The company also announced the appointment of Edward Feitzinger, a supply chain veteran, to its board of directors. Feitzinger brings over 30 years of global supply chain leadership experience to the role. Benchmark has maintained its Buy rating and $125.00 price target on C.H. Robinson, keeping it on their Best Idea list for 2025, highlighting the company’s strong stock performance.
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