Expeditors’ Board of Directors Elects Tay Yoshitani as Director
10 August 2012 - 12:49AM
Business Wire
The Board of Directors of Expeditors International of
Washington, Inc. (NASDAQ:EXPD), the global logistics company, today
announced that Mr. Tay Yoshitani was elected as an independent
Director, effective August 6, 2012, bringing the total Board
membership to nine individuals. Mr. Yoshitani was also appointed to
the Audit Committee, the Compensation Committee and the Nominating
and Corporate Governance Committee.
Mr. Yoshitani has been the CEO of the Port of Seattle since
March of 2007. From 2004 to 2007, he served as the Senior Advisor
to the National Association of Waterfront Employers, and prior to
that time, from 2001 to 2004, was the Executive Director of the
Port of Oakland. Mr. Yoshitani is a graduate of United States
Military Academy, served five years, which included service in
Vietnam with the Corps of Engineers, in the US Army and retired
with the rank of Captain. He currently serves on the National
Center for APEC Board and on the boards of a number of local
Seattle civic and trade-related organizations.
“It’s a real honor to welcome Tay onto our Board of Directors.
He’s an outstanding individual whose life accomplishments make him
a unique addition. We’re excited to draw on his expertise and we’re
very grateful for his willingness to serve,” said Peter J. Rose,
Chairman and Chief Executive Officer. “Tay brings a wealth of
experience and a distinctive set of talents and qualifications that
will be of immediate benefit to Expeditors and to our shareholders.
He adds a perspective on international trade to our Board that is
as unique as it is relevant. We have a very accomplished Board of
Directors whose members have already distinguished themselves in
business and in higher education and in the community, and we
appreciate their contributions. Tay’s addition will both enhance
and complement the skills and abilities of our Board of Directors
who have served the Company and its shareholders so ably over the
years,” concluded Mr. Rose.
Expeditors is a global logistics company headquartered in
Seattle, Washington. The company employs trained professionals in
185 full-service offices and 65 satellite locations located on six
continents linked into a seamless worldwide network through an
integrated information management system. Services include air and
ocean freight forwarding, vendor consolidation, customs clearance,
marine insurance, distribution and other value-added international
logistics services.
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