Rose Resigns as Expeditors’ Chairman

Expeditors International of Washington said former CEO Peter Rose, has resigned as the chairman and from the company’s board.

In a letter to employees, Rose said it was necessary for the senior management team to pursue the current strategic reassessment free of his influence.

“Peter’s concern and desire that the strength of his personality and the influence of his day-to-day presence not directly impact the senior management team’s direction are particularly noteworthy and meaningful to us. We know that this was a tough decision for Peter,” Expeditors CEO Jeffrey Musser said in a statement.

Rose announced his retirement from Expeditors in October, after 35 years with the logistics company he co-founded in 1981. He became CEO seven years later.

Expeditors International of Washington ranks No. 16 on the Transport Topics Top 50 Logistics Companies in the United States, Canada and Mexico.