Landstar System Inc

LSTR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$437.00	Xhrw	Tpydhqkdjr

Landstar: Former CSX CFO to Succeed Jim Gattoni as Chief Executive

Matthew Young

Dec 5, 2023

Wide-moat truck broker Landstar announced that Jim Gattoni will be retiring as CEO in February 2024, and will stay on in advisory role until July. Gattoni has been at the helm since 2014 and the firm's execution under his watch has been impressive; Landstar's returns on capital comfortably exceeded 30% over the past decade and its stock price has almost tripled.

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