C.H. ROBINSON WORLDWIDE, INC. (NASDAQ:CHRW) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
As previously reported, at the Annual Meeting a non-binding advisory vote was taken with respect to the frequency of future advisory votes on the compensation of the Company’s named executive officers (“Say-on-Pay”). The Company’s shareholders cast the highest number of votes in favor of holding future Say-on-Pay votes on an annual frequency.
On August10, 2017, having considered numerous factors, including the results of the shareholder advisory vote, the Board of Directors determined that the Company will hold future Say-on-Pay votes on an annual basis.
About C.H. ROBINSON WORLDWIDE, INC. (NASDAQ:CHRW)
C.H. Robinson Worldwide, Inc. (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers. It operates through a network of offices in North America, Europe, Asia and South America. The Company also has developed global transportation and distribution networks to provide transportation and supply chain services across the world. In addition to transportation, the Company provides sourcing services (Sourcing) through Robinson Fresh (Robinson Fresh). The Company’s network of contracted transportation providers includes contract motor carriers, railroads, air freight carriers and ocean carriers. The Company’s sourcing business involves the buying, selling and marketing of fresh fruits, vegetables and other perishable items.
