• ITVI.USA
    11,356.060
    -93.440
    -0.8%
  • OTLT.USA
    3.402
    -0.114
    -3.2%
  • OTRI.USA
    19.850
    -0.230
    -1.1%
  • OTVI.USA
    11,341.490
    -88.140
    -0.8%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
  • ITVI.USA
    11,356.060
    -93.440
    -0.8%
  • OTLT.USA
    3.402
    -0.114
    -3.2%
  • OTRI.USA
    19.850
    -0.230
    -1.1%
  • OTVI.USA
    11,341.490
    -88.140
    -0.8%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
American ShipperShipping

Panalpina chair won’t seek another term

Peter Ulber will not stand for re-election at the annual general meeting in May.

   Panalpina announced Monday that Peter Ulber will not stand for re-election as chairman of the board at the next annual general meeting May 9.
   “The announcement is in line with the previously communicated commitment by the company to evaluate the governance of the current board composition,” Panalpina said Monday.
   Panalpina’s compensation and nomination committee, headed by Thomas E. Kern, will conduct the search for a new independent chairman.
   “This decision is in the best interest of Panalpina and all of its stakeholders,” Ulber said. “The long-term goals of the company are best served by electing an independent chairman of the board at this time to further improve on a best-in-class governance. This process will strengthen the company on its strategic path forward.”

Kim Link-Wills, Senior Editor

Senior Editor Kim Link-Wills has written about everything from agriculture as a reporter for Illinois Agri-News to zoology as editor of the Georgia Tech Alumni Magazine. Her work has garnered awards from the Council for the Advancement and Support of Education, the Georgia Institute of Technology and the Magazine Association of the Southeast. Prior to serving as managing editor of American Shipper, Kim spent more than four years with XPO Logistics.

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