Corporate GovernanceJun 2, 2026, 04:23 PM
C.H. Robinson Grants $7.5M Special Equity Award to Chief Strategy Officer
AI Summary
C.H. Robinson Worldwide, Inc. approved a special equity award for Arun Rajan, Chief Strategy and Innovation Officer, valued at $7.5 million. The award aims to drive strategic and talent development outcomes, reward financial overperformance, and retain Mr. Rajan's service. It consists of $6 million in performance stock units and $1.5 million in restricted stock units, vesting over a five-year period based on various performance metrics and service.
Key Highlights
- Special equity award valued at $7.5 million approved for Chief Strategy and Innovation Officer Arun Rajan.
- Award includes performance stock units (PSUs) valued at $6 million at target performance.
- Also includes restricted stock units (RSUs) valued at $1.5 million.
- PSUs vest over five years (FY2026-FY2030) based on strategic and talent development milestones.
- Strategic milestones include high-quality truckload growth and introducing AI-enabled products.
- Talent development milestones focus on creating and identifying leadership in strategic functions.
- An outperformance portion of PSUs ($2.5M target) is based on 2030 adjusted EPS goals.
- RSUs vest 20% annually over five years from the grant date.
Price Impact
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