Jeffrey Musser is retiring from his role as president and chief executive of forwarder Expeditors to be replaced by Daniel Wall from April 1.
Wall joined Expeditors in 1987 and has progressed within the company, holding several management roles. Most recently he was named president, global geographies and operations in January last year.
Musser joined the company at 16 and was promoted to the chief executive role in 2014, becoming just the third chief executive in the history of the company.
“Jeff has spent decades living and expressing the very best of the Expeditors culture, as has Dan,” said Bob Carlile, chair of Expeditors’ board of directors.
“Both executives have excelled at every level within our organisation, having distinguished themselves throughout long and meaningful careers with our company. Both started when they were young, and both have demonstrated the qualities of leadership necessary to continue to take our company to the next level of performance.”
Musser led the Company’s growth from $6.1bn in revenues and 14,000 employees in 2013 to $10.6bn in revenues and more than 18,000 employees in 2024.
“Dan is absolutely the best choice to succeed Jeff’s strong tenure, as Dan demonstrated tremendous leadership skills and instincts in his presidents roles under Jeff,” added Carlile.
“In his 38 years with Expeditors, Dan has proven himself as a motivator who inspires our organisation at all levels. He keeps strong relationships with our customers and carriers, and understands our business as well as anyone anywhere in the world today.”
Earlier this week, Musser announced strong growth in the company’s airfreight revenues in the fourth quarter and warned of a disruptive year ahead.
