Form 8-K: CH Robinson – compensation reductions

Here is the latest news about CH Robinson, sourced from the 8-K form filed with the SEC on 17 April:

“Compensation Reductions. On April 14, 2020, the Compensation Committee of C.H. Robinson Worldwide, Inc. (the “Company”) approved temporary salary reductions for the period from May 1, 2020 through July 31, 2020 for the Company’s executive officers, and the Company’s Board of Directors approved reductions in the base annual retainer payments for members of the Board for the same period. During the applicable period, base salary payments will be reduced by 50% for the Company’s chief executive officer and 20% for the other executive officers. Base cash retainer payments for the applicable period for the members of the Board will be reduced by 50%.”