Expeditors Announces Senior Vice President Appointments and Bradley Powell's Retirement

Expeditors International of Washington, Inc. announced the appointment of David A. Hackett as Senior Vice President, effective October 1, 2025. Hackett has served as Vice President, Finance, since May 2024. Bradley S. Powell, the current Senior Vice President, will retire on September 30, 2025. Hackett has extensive experience in finance, previously serving at NIKE, Inc. for nearly 16 years and at KPMG for nearly 9 years.

Title: Expeditors Appoints David A. Hackett as CFO; Bradley S. Powell to Retire

Expeditors International of Washington, Inc. (NYSE: EXPD) has announced the appointment of David A. Hackett as Senior Vice President and Chief Financial Officer (CFO), effective October 1, 2025. Hackett has been serving as Vice President, Finance, since May 2024. The company's current Senior Vice President and CFO, Bradley S. Powell, will retire on September 30, 2025.

Hackett's extensive experience in finance includes nearly 16 years at NIKE, Inc., where he served in various roles, including Controller of North America and Vice President of Global Treasury and Financial Risk Management. Prior to NIKE, Hackett spent nearly 9 years at KPMG as a senior manager, leading audit teams for some of the firm's largest public clients in the Pacific Northwest. He also obtained his CPA certification in the state of Oregon in 1998.

Daniel R. Wall, President and Chief Executive Officer of Expeditors, expressed confidence in Hackett's ability to succeed Powell. "Dave has fully integrated himself into our finance and accounting operations and fits seamlessly with our culture," Wall said. "With his wealth of financial capabilities and demonstrated leadership, we are fully confident in Dave’s ability to step in as CFO."

Powell, who will retire after 17 years of service, has been instrumental in guiding Expeditors through the 2008 financial crisis and the COVID-19 pandemic. Under his leadership, the company has increased its dividend from $0.32 to $1.54 per share and returned a total of $12 billion to shareholders through share repurchases and dividends.

Hackett commented, "The Expeditors culture is unique, and I appreciate getting to know so many people throughout the organization. I'm humbled and honored to build on Brad’s legacy in leading the finance and accounting function as part of the executive team of this great company. I'm also excited to help shape strategy that drives sustainable, profitable, and capital-efficient growth for our employees and shareholders."

This appointment marks a significant step in Expeditors' succession planning and underscores the company's commitment to operational continuity and financial agility. Hackett's background in both corporate finance and audit positions him to address dual challenges of optimizing capital efficiency and ensuring compliance in a highly regulated industry.

Investors will be watching closely to see how Hackett's appointment impacts the company's financial performance and shareholder value. Powell's legacy of financial discipline and shareholder return sets a high bar for Hackett to maintain and build upon.

References:
[1] https://www.businesswire.com/news/home/20250806137736/en/Expeditors-Appoints-David-A.-Hackett-as-CFO
[2] https://www.marketscreener.com/news/expeditors-international-of-washington-inc-announces-senior-vice-president-changes-ce7c5ededf88fe23
[3] https://www.marketscreener.com/news/expeditors-international-of-washington-inc-announces-chief-financial-officer-changes-ce7c5ededf88fe2c
[4] https://www.ainvest.com/news/expeditors-leadership-transition-assessing-strategic-financial-implications-hackett-cfo-appointment-2508/