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Expeditors CEO retiring

  • Peter Rose, 69, is retiring as Expeditors' (NASDAQ:EXPD) CEO, effective March 1, 2014. He's expected to remain as chairman until the logistics services firm's May 2015 annual meeting.
  • Expeditors plans to name its next CEO around the time of a Jan. '14 managers' meeting; Rose will help with the transition. (PR)
  • EXPD +0.8% AH. Rose, who co-founded Expeditors, has been known for his colorful commentary.

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Expeditors International of Washington, Inc.