-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RAuVrP4OELzky8GmVoHwHK/jsuNVJqoXgogOhi8qM4RBn8ddJHrfN67t4YW3CGu9 QadTNLq3Q/M/i1Lc1Cd8Mw== 0000912282-08-000928.txt : 20080613 0000912282-08-000928.hdr.sgml : 20080613 20080613165701 ACCESSION NUMBER: 0000912282-08-000928 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080610 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080613 DATE AS OF CHANGE: 20080613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EXPEDITORS INTERNATIONAL OF WASHINGTON INC CENTRAL INDEX KEY: 0000746515 STANDARD INDUSTRIAL CLASSIFICATION: ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731] IRS NUMBER: 911069248 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13468 FILM NUMBER: 08898719 BUSINESS ADDRESS: STREET 1: 1015 THIRD AVENUE 12TH FLOOR CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 2066743400 MAIL ADDRESS: STREET 1: 1015 THIRD AVENUE 12TH FLOOR CITY: SEATTLE STATE: WA ZIP: 98104 8-K 1 expeditors8k_06102008.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report:  June 10, 2008

(Date of earliest event reported)

 

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

(Exact name of registrant as specified in its charter)

 

Washington

 

000-13468

 

91-1069248

(State or other jurisdiction of

 

(Commission File No.)

 

(IRS Employer Identification Number)

incorporation or organization)

 

 

 

 

 

 

 

 

 

1015 Third Avenue, 12th Floor, Seattle, Washington

 

98104

(Address of principal executive offices)

 

(Zip Code)

 

(206) 674-3400

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

      On June 10, 2008, James J. Casey, a director of Expeditors International of Washington, Inc. (the “Company”) since 1984, announced to the Company his intention to retire as such at the end of his current one year term ending at the Company’s 2009 Annual Meeting of Shareholders (the “Annual Meeting”) next May, and that he does not intend to stand for re-election at the Annual Meeting. His decision not to stand for re-election was not due to a disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Casey shall remain in office through the date of the Annual Meeting or until his successor is duly elected and qualified. A press release dated June 13, 2008 is attached hereto as Exhibit 99.1.


Item 9.01  Financial Statements and Exhibits.

     (d)     The following items are filed as exhibits to this report:

 

Exhibit No.

Description

99.1

Press Release dated June 13, 2008.



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

 

June 13, 2008

/s/  Amy J. Tangeman                         

Amy J. Tangeman, General Counsel

 

 

 

 

3

 

EX-99.1 2 ex99_1.htm PRESS RELEASE DATED JUNE 13, 2008

EXHIBIT 99.1



PRESS RELEASE

 

By:

Expeditors International of Washington, Inc.

1015 Third Avenue, Suite 1200

Seattle, Washington 98104

 

 

CONTACT:

R. Jordan Gates
President and Chief Operating Officer
(206) 674-3427



FOR IMMEDIATE RELEASE


 

EXPEDITORS’ DIRECTOR JAMES J. CASEY ANNOUNCES DECISION NOT TO STAND FOR RE-ELECTION

 

SEATTLE, WASHINGTON – June 13, 2008 –Expeditors International of Washington, Inc. (NASDAQ: EXPD), the global logistics company, today said that independent outside director James J. Casey has expressed his desire not to stand for re-election to the Company’s Board of Directors following the completion of his current term expected to end in May 2009. Mr. Casey also serves as the head of Expeditors’ Audit Committee. He has continuously served as a director since shortly before the Company went public in September of 1984. In addition to serving on Expeditors’ Board, prior to his retirement, Mr. Casey served in a series of executive positions with Control Data Corporation, General Mills, Eddie Bauer, Starbucks and Avia.

“Serving as a member of the Expeditors’ Board of Directors has been an interesting and rewarding experience. Those who are fortunate enough to observe its workings first-hand, understand that the Company’s accomplishments are deeply rooted in its unique culture. It really has to be personally experienced to be properly appreciated, and I’m grateful to have had this opportunity.” said Mr. Casey. In explaining the timing of this decision, he went on to say, “Next year will mark the conclusion of 25 years of service as a member of Expeditors’ Board of Directors. I’ve always strongly believed that the hallmark of a good leader is to understand when it is his or her ‘time to go’ and to properly contemplate and plan for the effect that departure will have on the organization they serve. Given where I am in my personal life, after consultation with my family and with management and other Board members, this seems to be the logical point to begin this transition.”

“James Casey is the longest-serving member of our Board. He has been with us since the days before we went public back in 1984. Jim’s always been a very stabilizing influence on our Board and, in typical Expeditors’ fashion, did not make this decision until he was confident in the ability of the Board of Directors to continue to function effectively without the experience he has gained through his long tenure. He has given us ample time and consideration to plan for his eventual departure.” said Peter J. Rose, Chairman and Chief Executive Officer. “We’ll miss Jim’s quiet, but firm and decisive demeanor. He was truly a ‘man for all seasons’ as the Company grappled with the challenges of a small company contemplating going public back in 1984 which progressed through the various stages of growth to become part of the Fortune 500 in 2007. As the role of the Board required different skills and abilities along the way, Jim was everything the Company needed him to be as those changing needs arose. He was tough when we needed to be resolute, he was quietly humorous when we needed encouragement and probably, most importantly, he was analytical, direct and clear thinking when it mattered most. Jim is a great leader and we look forward to our continued association, both during the time that he has left as an active Board member, and following his departure as well. There will be plenty of time to thank Jim over the next year, but we’d be remiss not to do so publicly with this announcement. Thank you Jim for being all you needed to be for the shareholders and for being all we needed you to be for the Company.” concluded Mr. Rose.

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 179 full service offices and 69 satellite locations and 4 international service centers located on six continents linked into a seamless worldwide network through an integrated information management system.



 

Forward-Looking Statements

 

This document contains a forward-looking statement which is based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual future results and trends may differ materially from historical results or those projected in the forward looking statement depending on a variety of factors including but not limited to changes in customer demand for Expeditors’ services caused by a general economic slow-down, inventory build-up, decreased consumer confidence, volatility in equity markets, or the unpredictable acts of competitors.

 


 

Services include air and ocean freight forwarding, vendor consolidation, customs clearance, marine insurance, distribution and other value added international logistics services.







 

 

Forward-Looking Statements

 

This document contains a forward-looking statement which is based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual future results and trends may differ materially from historical results or those projected in the forward looking statement depending on a variety of factors including but not limited to changes in customer demand for Expeditors’ services caused by a general economic slow-down, inventory build-up, decreased consumer confidence, volatility in equity markets, or the unpredictable acts of competitors.

 

 

 

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