JAMES B. STAKE - Corporate Board Profile

C. H. ROBINSON WORLDWIDE, INC.

Filing Date	Source Excerpt
2016-04-01	James B. Stake, 63 years old, joined C.H. Robinson as a director in 2009. ... The Board of Directors has three committees: the Audit Committee, the Compensation Committee, and the Governance Committee. Currently, members and chairs of these committees are: James Stake - Audit (Member), Compensation (Member). In 2015, each independent director of C.H. Robinson was paid an annual retainer of $80,000 and no meeting fees. The Audit Committee chair received an additional annual retainer of $20,000, and the chairs of the Governance and Compensation Committees each received an additional annual retainer of $10,000. Other members of the Audit Committee received an additional annual retainer of $10,000, and other members of the Governance and Compensation Committees received additional annual retainers of $5,000. In 2015, the Board of Directors granted each director a fully vested restricted stock unit award valued at $125,000.
2017-03-31	James B. Stake, 64 years old, joined C.H. Robinson as a director in 2009. ... Mr. Stake retired from 3M Company in 2008, serving most recently as executive vice president of 3M's Enterprise Services. ... Mr. Stake meets the definition of an Audit Committee Financial Expert. ... The Board of Directors has three committees: the Audit Committee, the Compensation Committee, and the Governance Committee. Currently, members and chairs of these committees are: James Stake (Audit: Chair, Compensation: member). ... 2016 Director Compensation Table: James B. Stake total compensation $220,000.
2018-03-29	James B. Stake, 65 years old, joined C.H. Robinson as a director in 2009. Mr. Stake retired from 3M Corporation in 2008, serving most recently as executive vice president of 3M's Enterprise Services. He served in a variety of leadership positions at 3M Company, leading global health care, industrial, and commercial businesses ranging in size from $100 million to over $3 billion. During his career he served over 12 years of foreign assignments in Europe and South America. In addition to his career at 3M, Mr. Stake serves as a board member and chairs the compensation committee for Otter Tail Corporation (NASDAQ: OTTR), is chairman of the board for Ativa Medical Corp., and has taught as an adjunct professor at the University of Minnesota's Carlson School of Management. Mr. Stake holds a Bachelor of Science in Chemical Engineering from Purdue University and a Master of Business Administration from the Wharton School at the University of Pennsylvania. Throughout his career at 3M, Mr. Stake gained extensive public company senior management experience at a large company that operates worldwide. In particular, Mr. Stake's foreign leadership positions and his position with Enterprise Services, a shared services organization, provide valuable perspective for the company's international operations and its information technology systems. Mr. Stake also has prior public company board experience with Otter Tail. Mr. Stake meets the definition of an "Audit Committee Financial Expert" as established by the Securities and Exchange Commission. The Board of Directors has three committees: the Audit Committee, the Compensation Committee, and the Governance Committee. Currently, members and chairs of these committees are: James B. Stake (Audit Committee Chair, Compensation Committee member). In 2017, each independent director of C.H. Robinson was paid an annual retainer of $80,000 and no meeting fees. The Audit Committee chair received an additional annual retainer of $30,000, and the chairs of the Governance and Compensation Committees each received an additional annual retainer of $20,000. Other members of the Audit Committee received an additional annual retainer of $10,000, and other members of the Governance and Compensation Committees received additional annual retainers of $5,000. In 2017, the Board of Directors granted each director a fully vested restricted stock unit award valued at $135,000, deliverable after leaving the Board of Directors. The 2017 Director Compensation Table shows James B. Stake received total compensation of $250,000.
2019-03-29	James B. Stake, 66 years old, joined C.H. Robinson as a director in 2009. Mr. Stake retired from 3M Company (NYSE: MMM) in 2008, serving most recently as executive vice president of 3M’s Enterprise Services. He served in a variety of leadership positions at 3M Company, leading global health care, industrial, and commercial businesses ranging in size from $100 million to over $3 billion. During his career he served over 12 years of foreign assignments in Europe and South America. In addition to his career at 3M Company, Mr. Stake serves as a board member and chairs the compensation committee for Otter Tail Corporation (Nasdaq: OTTR), is chairman of the board for Ativa Medical Corp., and has taught as an adjunct professor at the University of Minnesota’s Carlson School of Management. Mr. Stake holds a Bachelor of Science in Chemical Engineering from Purdue University and a Master of Business Administration from the Wharton School at the University of Pennsylvania. The Board of Directors has three committees: the Audit Committee, the Compensation Committee, and the Governance Committee. Currently, members and chairs of these committees are: James B. Stake (Chair of Compensation Committee, Member of Audit Committee). In 2018, each independent director of C.H. Robinson was paid an annual retainer of $90,000 and no meeting fees. The Audit Committee chair received an additional annual retainer of $30,000, and the chairs of the Governance and Compensation Committees each received an additional annual retainer of $20,000. Other members of the Audit Committee received an additional annual retainer of $12,500, and other members of the Governance and Compensation Committees received additional annual retainers of $7,500. In 2018, the Board of Directors granted each director a fully vested restricted stock unit award valued at $135,000, deliverable after leaving the Board of Directors. The 2018 Director Compensation Table shows James B. Stake received $127,500 in fees earned or paid in cash and $135,000 in stock awards, totaling $262,500.
2020-03-24	James B. Stake, 67 years old, joined C.H. Robinson as a director in 2009. He serves as Chair of the Audit Committee and on the Compensation Committee. 2019 Director Compensation Table shows total compensation of $277,500.
2021-03-23	James B. Stake, 68 years old, joined C.H. Robinson as a director in 2009. ... James B. Stake is Chair of the Audit Committee and a member of the Compensation Committee. ... 2020 Director Compensation Table shows James B. Stake total compensation of $275,000.
2022-03-22	James B. Stake, 69 years old, joined C.H. Robinson as a director in 2009. ... 2021 Director Compensation Table: James B. Stake Fees Earned or Paid in Cash $147,500, Stock Awards $120,000, Total $267,500.
2023-03-21	James B. Stake Retired Executive Vice President, 3M Age: 70 Director Since: January 2009 Committees: Audit (Chair) 2022 Director Compensation Table James B. Stake $147,500 Fees Earned or Paid in Cash $140,000 Stock Awards Total $287,500