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Globe and Mail
5 minutes ago
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Expeditors Appoints David A. Hackett as CFO
Expeditors International of Washington, Inc. (NYSE: EXPD) announced the appointment of David A. Hackett on August 4, 2025, as Senior Vice President and Chief Financial Officer, effective October 1, 2025. Hackett has served as Vice President, Finance, since May 2024. On August 4, 2025, Expeditors' current Senior Vice President and Chief Financial Officer, Bradley S. Powell, notified the Board of Directors of his intention to retire, effective September 30, 2025. These announcements demonstrate the company's commitment to succession planning. 'Dave has fully integrated himself into our finance and accounting operations and fits seamlessly with our culture, having worked closely with Brad to learn our services, business model and strategies since joining Expeditors as Vice President of Finance in May 2024,' said Daniel R. Wall, President and Chief Executive Officer. 'Dave also worked directly with our other executives and the Board and traveled to many Districts throughout our global network to learn our operations at the field level and meet with a great many employees. With his wealth of financial capabilities and demonstrated leadership, we are fully confident in Dave's ability to step in as CFO.' Wall added, 'I can't thank Brad enough for his strong hand in overseeing our financial health and growth. Brad built a strong team around him and managed through some of the most difficult events in our company's history, including the 2008 financial crisis and the COVID-19 pandemic. Through it all, Brad has brought unflappable leadership and strategic thinking to the role of Chief Financial Officer. At least as significantly, Brad brought us his unrelenting focus on investing in our people, profitability, and cash flow. Over the past 17 years under Brad, Expeditors has increased its dividend from $0.32 to $1.54 and has returned a total of $12 billion to shareholders through share repurchases and dividends. We all wish Brad the best in a well-deserved retirement.' Upon his appointment, Hackett commented, 'The Expeditors culture is unique, and I appreciate getting to know so many people throughout the organization. I'm humbled and honored to build on Brad's legacy in leading the finance and accounting function as part of the executive team of this great company. I'm also excited to help shape strategy that drives sustainable, profitable, and capital-efficient growth for our employees and shareholders.' Dave Hackett, 52, joined Expeditors in May 2024 as Vice President, Finance. Prior to Expeditors, Hackett served in many roles across finance at NIKE, Inc. for nearly 16 years, with 7 of these years as a vice president in the finance and strategy function as part of the NIKE Corporate Leadership Team. During his time at NIKE, he led external reporting, was Controller of North America and Vice President of Global Treasury and Financial Risk Management. Prior to NIKE, Hackett spent nearly 9 years in the audit function of KPMG where he was a senior manager and led the audit teams for some of the firm's largest public clients in the Pacific Northwest. He also obtained his CPA certification in the state of Oregon in 1998. Expeditors is a global logistics company headquartered in Bellevue, Washington. The Company employs trained professionals in 172 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.
CBC
6 minutes ago
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Closure of Brandon auction marks end of an era for cattle producers
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CTV News
13 minutes ago
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Queen City Ex attendance down 25% from 2024, as REAL changes reporting practices
This year's Queen City Ex (QCX) wrapped up on Aug. 3, after five-days of rides, live entertainment and food. (Sierra D'Souza Butts/CTV News) The Regina Exhibition Association Limited (REAL) has changed the way it records attendance — leading to reduced totals for this year's Queen City Ex (QCX). According to REAL, the 2025 Queen City Exhibition welcomed just under 74,000 fairgoers this year – marking a decrease from last year's scanned attendance of 102,000. 'Scanned attendance offers a reliable and verifiable measure of how many people actually attended the event — unlike broader promotional estimates,' REAL CEO Rick Bennet said in the announcement. In reference to the 'broader promotional estimates' — last year, REAL claimed that 262,720 people attended the Queen City Ex, which represents a margin of 160,720 attendees. As for the decrease of the more than 25,000 scanned attendees from 2024 to 2025 — the organization said several factors fed into that result, such as the Saskatchewan Roughriders playing an away game, the timing of the Saskatchewan Day holiday, the pause of community activations such as the Kidway Morning, Newcomers Day, the 5K Midway Run, as well as a delayed start to ticket sales. QCX event manager Cat Betker says advancements in technology are allowing the organization to be far more accurate in calculating attendance. 'It was a really common industry practice to kind of use this, almost like a multiplier … the technological systems have advanced so much that now we do have a really clear insight to how many people we have on property at any one time,' she explained. 'Whereas previously, if you didn't have [a] fancy, high tech, ticket scanning system or a way to control and manage people, you had to use these kinds of multipliers because that was your best estimate.' REAL has made headlines in recent years and not always for the right reasons. From the controversial Experience Regina tourism campaign to the removal of Tim Reid as president and CEO, to the organization's financial struggles — issues at REAL have been prevalent. Betker says her colleagues are excited for the future and eager to put past troubles behind them. 'We've been through a couple of very tumultuous couple of years, and I think we're all ready for things to settle down a little bit and kind of just get back to business and do the things that we do so well,' she said. 'There's been a lot of a lot of noise and a lot of media and realistically, you know, we're just trying to be that anchor in the community that is continually focused on delivering things that support the people that need it.' The 2026 Queen City Ex is slated to run from July 29 to Aug. 2.
