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Expeditors Appoints David A. Hackett as CFO

1. Expeditors appointed David A. Hackett as CFO effective October 1, 2025. 2. Current CFO Bradley S. Powell to retire on September 30, 2025.

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Why Neutral?

The management change may bring stability but lacks immediate financial implications. Historical precedence shows management transitions often have muted market reactions unless linked to strategic shifts.

How important is it?

Leadership changes are significant, but current CFO's retirement was expected and planned. Investors will monitor Hackett's strategic direction post-appointment.

Why Long Term?

David A. Hackett's tenure may influence long-term financial strategy and performance. Previous CFO transitions usually take time to reflect in stock performance.

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BELLEVUE, Wash.--(BUSINESS WIRE)--Expeditors International of Washington, Inc. (NYSE: EXPD) announced the appointment of David A. Hackett on August 4, 2025, as Senior Vice President and Chief Financial Officer, effective October 1, 2025. Hackett has served as Vice President, Finance, since May 2024. On August 4, 2025, Expeditors' current Senior Vice President and Chief Financial Officer, Bradley S. Powell, notified the Board of Directors of his intention to retire, effective September 30, 2025.

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