We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Expeditors Announces New President and Chief Executive Officer
Read MoreHide Full Article
Expeditors International of Washington, Inc.'s (EXPD - Free Report) board of directors has chosen its current president of Global Geographies, Daniel R. Wall, as the next president and chief executive officer (CEO) of the company, effective April 1, 2025. Wall will be appointed to the board and stand for election at the company’s upcoming annual meeting of shareholders.
Wall is succeeding Jeffrey S. Musser, EXPD’s current president and CEO, who plans to step down from his role effective March 31, 2025. Post-retirement, Mr. Musser will step down from the company’s board of directors as well.
Bob Carlile, chairman of Expeditors’ board of directors, stated, “Jeff has spent decades living and expressing the very best of the Expeditors culture, as has Dan. Both executives have excelled at every level within our organization, 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.”
Jeffrey S. Musser’s Span in EXPD
Jeffrey joined Expeditors at the very young age of 16. In his 42-year career, Jeff has grown through multiple roles. In 2014, he was promoted to the chief executive role, marking the third CEO in EXPD’s history. He has supervised the company’s growth from $6.1 billion revenues and 14,000 employees in 2013 to $10.6 billion revenues and more than 18,000 employees in 2024. During the same period, Expeditors rewarded its shareholders with $9.6 billion in the form of dividends and share repurchases and increased earnings per share by 240%.
Jeff has served EXPD as CEO for 11 years.
Daniel R. Wall’s Journey so Far in EXPD
Daniel R. Wall joined Expeditors in March 1987. He was promoted to District Manager in May 1992 and Global Director — Account Management in March 2002. Wall was chosen vice president — ECMS (Order Management) in January 2004 and senior vice president — Ocean Services in September 2004. He was appointed as president of Global Products in June 2015 and as president of Global Services, effective Jan. 1, 2023. In October 2023, Wall was chosen as president of Global Geographies and Operations, effective Jan. 1, 2024.
Considering Wall’s 38 years of professional journey with Expeditors and his proven leadership skills, his continuation in EXPD is expected to complement the company’s operations and strengthen its competitive position in the industry.
United Airlines has an expected earnings growth rate of 21.11% for the current year. The Zacks Consensus Estimate for UAL’s 2025 earnings per share has been revised 10.6% upward in the past 60 days.
The company has an encouraging track record with respect to the earnings surprise, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 22.93%. Shares of UAL have surged 161.2% in the past year.
SkyWest, founded in 1972, is based in St. George and operates regional jets for major U.S. airlines. SKYW’s track record of successfully meeting the requirements of each of its airline heavyweight partners bodes well for the company. Revenues from flying agreements (which account for the bulk of the top line) are impressive owing to SKYW’s above ability. Owing to an uptick in air travel demand, passenger volumes have been upbeat and are likely to increase going forward as well. This is likely to keep SKYW's top line in good shape.
SKYW has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 16.71%. The Zacks Consensus Estimate for 2025 earnings per share has been revised 7.9% upward in the past 60 days.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Expeditors Announces New President and Chief Executive Officer
Expeditors International of Washington, Inc.'s (EXPD - Free Report) board of directors has chosen its current president of Global Geographies, Daniel R. Wall, as the next president and chief executive officer (CEO) of the company, effective April 1, 2025. Wall will be appointed to the board and stand for election at the company’s upcoming annual meeting of shareholders.
Wall is succeeding Jeffrey S. Musser, EXPD’s current president and CEO, who plans to step down from his role effective March 31, 2025. Post-retirement, Mr. Musser will step down from the company’s board of directors as well.
Bob Carlile, chairman of Expeditors’ board of directors, stated, “Jeff has spent decades living and expressing the very best of the Expeditors culture, as has Dan. Both executives have excelled at every level within our organization, 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.”
Jeffrey S. Musser’s Span in EXPD
Jeffrey joined Expeditors at the very young age of 16. In his 42-year career, Jeff has grown through multiple roles. In 2014, he was promoted to the chief executive role, marking the third CEO in EXPD’s history. He has supervised the company’s growth from $6.1 billion revenues and 14,000 employees in 2013 to $10.6 billion revenues and more than 18,000 employees in 2024. During the same period, Expeditors rewarded its shareholders with $9.6 billion in the form of dividends and share repurchases and increased earnings per share by 240%.
Jeff has served EXPD as CEO for 11 years.
Daniel R. Wall’s Journey so Far in EXPD
Daniel R. Wall joined Expeditors in March 1987. He was promoted to District Manager in May 1992 and Global Director — Account Management in March 2002. Wall was chosen vice president — ECMS (Order Management) in January 2004 and senior vice president — Ocean Services in September 2004. He was appointed as president of Global Products in June 2015 and as president of Global Services, effective Jan. 1, 2023. In October 2023, Wall was chosen as president of Global Geographies and Operations, effective Jan. 1, 2024.
Considering Wall’s 38 years of professional journey with Expeditors and his proven leadership skills, his continuation in EXPD is expected to complement the company’s operations and strengthen its competitive position in the industry.
Zacks Rank and Stocks to Consider
EXPD currently carries a Zacks Rank #3 (Hold).
Investors interested in the Zacks Transportation sector may also consider United Airlines (UAL - Free Report) and SkyWest (SKYW - Free Report) . Each stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
United Airlines has an expected earnings growth rate of 21.11% for the current year. The Zacks Consensus Estimate for UAL’s 2025 earnings per share has been revised 10.6% upward in the past 60 days.
The company has an encouraging track record with respect to the earnings surprise, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The average beat is 22.93%. Shares of UAL have surged 161.2% in the past year.
SkyWest, founded in 1972, is based in St. George and operates regional jets for major U.S. airlines. SKYW’s track record of successfully meeting the requirements of each of its airline heavyweight partners bodes well for the company. Revenues from flying agreements (which account for the bulk of the top line) are impressive owing to SKYW’s above ability. Owing to an uptick in air travel demand, passenger volumes have been upbeat and are likely to increase going forward as well. This is likely to keep SKYW's top line in good shape.
SKYW has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 16.71%. The Zacks Consensus Estimate for 2025 earnings per share has been revised 7.9% upward in the past 60 days.