<SEC-DOCUMENT>0001193125-19-034111.txt : 20190211
<SEC-HEADER>0001193125-19-034111.hdr.sgml : 20190211
<ACCEPTANCE-DATETIME>20190211165802
ACCESSION NUMBER:		0001193125-19-034111
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20190206
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190211
DATE AS OF CHANGE:		20190211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			C H ROBINSON WORLDWIDE INC
		CENTRAL INDEX KEY:			0001043277
		STANDARD INDUSTRIAL CLASSIFICATION:	ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731]
		IRS NUMBER:				411883630
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23189
		FILM NUMBER:		19586266

	BUSINESS ADDRESS:	
		STREET 1:		14701 CHARLSON ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55347
		BUSINESS PHONE:		9529378500

	MAIL ADDRESS:	
		STREET 1:		14701 CHARLSON ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55347
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d704269d8k.htm
<DESCRIPTION>8-K
<TEXT>
<HTML><HEAD>
<TITLE>8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>WASHINGTON, D.C. 20549 </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B><FONT
STYLE="white-space:nowrap">FORM&nbsp;8-K</FONT> </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO SECTION&nbsp;13 OR 15(d) OF THE </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report: February&nbsp;6, 2019 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(Date of earliest event reported) </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>C.H. ROBINSON
WORLDWIDE, INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Commission File Number: <FONT STYLE="white-space:nowrap">000-23189</FONT> </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">41-1883630</FONT></B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>14701 Charlson Road, Eden Prairie, MN 55347 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of principal executive offices, including zip code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(952) <FONT STYLE="white-space:nowrap">937-8500</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Not Applicable </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former
name or former address, if changed since last report) </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the <FONT STYLE="white-space:nowrap">Form&nbsp;8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Soliciting material pursuant to <FONT STYLE="white-space:nowrap">Rule&nbsp;14a-12</FONT> under the Exchange Act
(17 CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to <FONT
STYLE="white-space:nowrap">Rule&nbsp;14d-2(b)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to <FONT
STYLE="white-space:nowrap">Rule&nbsp;13e-4(c)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
chapter) or Rule <FONT STYLE="white-space:nowrap">12b-2</FONT> of the Securities Exchange Act of 1934 <FONT STYLE="white-space:nowrap">(&#167;240.12b-2</FONT> of this chapter). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Emerging growth company&nbsp;&nbsp;&#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a) of the Exchange
Act.&nbsp;&nbsp;&#9744; </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;5.02.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers. </B></P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c) On February&nbsp;11, 2019, C.H. Robinson Worldwide, Inc. (the
&#147;Company&#148;) announced that Robert Biesterfeld, 43, has been named President and Chief Executive Officer, effective following the annual meeting of stockholders to be held on May&nbsp;9, 2019 (the &#147;Annual Meeting&#148;).
Mr.&nbsp;Biesterfeld will also stand for election as a member of the Board of Directors at the Annual Meeting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Biesterfeld
succeeds John Wiehoff who gave notice on February&nbsp;6, 2019 of his intention to retire as President and Chief Executive Officer effective at the Annual Meeting. Mr.&nbsp;Wiehoff will continue to serve as an executive officer and on the Board of
Directors as Chairman of the Board. The independent directors of the Board also appointed Scott Anderson, an independent member of the Board of Directors, to serve as Lead Director following the Annual Meeting. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Biesterfeld has been with the Company for 20 years. He currently serves as Chief Operating Officer, a position he assumed in March
2018. Prior to that, Mr.&nbsp;Biesterfeld served as President of North American Surface Transportation from January 2016 to January 2018, Vice President of Truckload from January 2014 to December 2015, Vice President of Sourcing and Temperature
Controlled Transportation from January 2013 to December 2014, and General Manager for the U.S. West Sourcing Region for the Company&#146;s sourcing division from 2003 to 2011. He began his career with the Company in 1999 in the Corporate Procurement
and Distribution Services office. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Compensation Committee of the Company&#146;s Board of Directors approved the following compensation
for Mr.&nbsp;Biesterfeld in connection with his appointment as CEO: (i)&nbsp;an annual base salary of $975,000, (ii) target annual cash incentive equal to 120% of his increased annual base salary, and (iii)&nbsp;an additional equity award having a
fair value equal to $1,500,000 equally divided between performance shares and stock options, in addition to his regular annual equity award having a fair value equal to $1,925,000. In addition, in connection with Mr.&nbsp;Biesterfeld&#146;s
appointment as CEO, he will receive a <FONT STYLE="white-space:nowrap">one-time</FONT> equity grant having a fair value equal to $3,000,000, also equally divided between performance shares and stock options having the same terms as the annual equity
awards. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Compensation Committee also approved compensation for Mr.&nbsp;Wiehoff in his continuing role as Chairman of the Board
consisting of an annual base salary of $500,000, effective following the Annual Meeting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A copy of the press release issued by the
Company announcing Mr.&nbsp;Biesterfeld&#146;s appointment is attached as Exhibit 99.1 to this report. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Financial Statements and Exhibits. </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d) Exhibits. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit Index
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Exhibit&nbsp;No.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Description</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center"><B>Manner of Filing</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">99.1</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><A HREF="d704269dex991.htm">Press Release dated February&nbsp;11, 2019 </A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="right">Filed&nbsp;Electronically</TD></TR>
</TABLE>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3">C.H. ROBINSON WORLDWIDE, INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><I>/s/ Ben G. Campbell</I></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Ben G. Campbell</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Chief Legal Officer and Secretary</TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: February&nbsp;11, 2019 </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d704269dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="right">


<IMG SRC="g704269g90r73.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>FOR INVESTOR INQUIRIES, CONTACT: </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Robert Houghton, Vice President &#150; Investor Relations and Treasury </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Email:</B> <U>robert.houghton@chrobinson.com</U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>FOR MEDIA INQUIRIES, CONTACT: </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Kristin Marchiafava, Director of Public Relations </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Email:</B> <U>kristin.marchiafava@chrobinson.com</U> </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Robert Biesterfeld to Succeed John Wiehoff as Chief Executive Officer of C.H. Robinson </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Minneapolis, Minnesota, February&nbsp;11, 2019</B> &#151; C.H. Robinson (NASDAQ: CHRW) announced today that Robert (&#147;Bob&#148;) Biesterfeld, currently
the Company&#146;s Chief Operating Officer, has been named Chief Executive Officer. As part of a long-planned succession process managed by C.H. Robinson&#146;s Board of Directors, Biesterfeld was named COO in&nbsp;March 2018. Biesterfeld has also
been nominated to stand for election to the C.H. Robinson Board of Directors. Current Chairman and CEO John Wiehoff will remain Chairman of the Board following this succession. Scott Anderson, current C.H. Robinson Board member, will become the Lead
Independent Director. All moves will become effective on May&nbsp;9, 2019, coinciding with our annual meeting of shareholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;On behalf of the
Board of Directors, I would like to congratulate Bob on this career achievement. Bob is an exceptional leader who is committed to C.H. Robinson&#146;s culture and core values. We are confident in his ability to extend Robinson&#146;s long track
record of success,&#148; said Anderson. &#147;We would also like to thank John for his extraordinary leadership as CEO of Robinson over the past 17 years. During his tenure as CEO, C.H. Robinson total revenues have increased over 500&nbsp;percent to
$16.6&nbsp;billion. This strong performance has translated into strong stock price performance, with annualized total shareholder returns of 13% over the past 17 years. Most importantly, John has built a strong culture of performance and a team of
talented employees that provide industry leading logistics expertise to our customers and carriers.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;Our success at Robinson has always been
driven by our people, processes, and technology,&#148; Wiehoff said. &#147;The Board and I are confident Bob is the right person to lead our accelerating investments in each of these areas. During his almost two decades at Robinson, Bob has
consistently demonstrated deep industry knowledge, strategic vision, and a passion for delivering results. He has been the driving force behind our digital transformation efforts, accelerating the pace of innovation and technology deployment across
our platform. He is an established leader with the right experiences and skills for the next chapter of Robinson.&#148; </P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Biesterfeld, 43, has been with C.H. Robinson for 20 years. Prior to becoming COO in March 2018, he was
President, North America Surface Transportation. Biesterfeld also served as Vice President, Truckload and Vice President, Robinson Fresh. He started his career in Robinson Fresh in 1999. Biesterfeld received his undergraduate degree from Winona
State University. Demonstrating his commitment to community and the industry, Biesterfeld serves on the Board of Winona State University Foundation and the board of the Transportation Intermediaries Association. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;I am honored to have the opportunity to lead and to serve our more than 15,000 employees across the globe,&#148; said Biesterfeld. &#147;C.H. Robinson
has always led the industry through our talented people and high performing culture, and we will continue to combine that with a focus on driving innovation and digital transformation. We are accelerating our investments in emerging technology to
further transform how we create value within our global ecosystem of over 124,000 customers and 76,000 active contract carriers. I am highly confident we will leverage our experience and scale to provide an unmatched information advantage for our
customers, carriers and employees, and continue to deliver strong returns to our shareholders.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About C.H. Robinson </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">At C.H. Robinson, we believe in accelerating global trade to seamlessly deliver the products and goods that drive the world&#146;s economy. Using the strengths
of our knowledgeable people, proven processes, and global technology, we help our customers work smarter, not harder. As one of the world&#146;s largest third-party logistics providers (3PL), we provide a broad portfolio of logistics services, fresh
produce sourcing and managed services for more than 124,000 customers and 76,000 active contract carriers through our integrated network of offices and over 15,000 employees. In addition, the company, our Foundation and our employees contribute
millions of dollars annually to a variety of organizations. Headquartered in Eden Prairie, Minnesota, C.H. Robinson (CHRW) has been publicly traded on the NASDAQ since 1997. For more information, visit <U>http://www.chrobinson.com</U> or view our
<U>company video</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Source: C.H. Robinson </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><FONT
STYLE="white-space:nowrap">CHRW-IR</FONT> </P>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g704269g90r73.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g704269g90r73.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP!#  (! 0(! 0(" @(" @(" P4# P,# P8$! ,%!P8'!P<&
M!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_VP!# 0(" @,# P8#
M P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# S_P  1" !D (D# 2(  A$! Q$!_\0 'P   04! 0$! 0$
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MPIU_X=?$#X/_ !-T/3AJW_"/^++'[--=V9./-C]J.5VN',KV/L:BOBGX:_\
M!9WPK\3?V&_B]\=+?P?X@M]'^$6JWVD7FER2QFZOWM?*R\9Z#/FC\C67K/\
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%%% '_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
