XPO Logistics Appoints Kenneth Wagers as Chief Operating Officer
April 23 2018 - 4:15PM
XPO Logistics
Appoints Kenneth Wagers as Chief Operating Officer
Troy Cooper Promoted to President
GREENWICH, Conn. - April 23, 2018
- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of
transportation and logistics solutions, today announced that
Kenneth Wagers has been appointed chief operating officer, with
responsibility for the company's operations in 32 countries. Troy
Cooper, who formerly served as chief operating officer and
transportation segment leader, has been promoted to the newly
created position of president. Both roles are effective
immediately.
Wagers' career in the supply chain sector includes
senior positions with three global leaders: Amazon.com, Dr Pepper
Snapple Group and UPS. He was most recently with Amazon, where he
had executive oversight of Amazon's Worldwide Transportation and
Logistics business (last mile, middle mile, and air and ocean
cargo), as well as Amazon China operations, Prime Now and Amazon
Fresh operations. With Dr Pepper Snapple Group, he held supply
chain leadership positions in consumer packaged goods, including
functional oversight of the retail business, direct store delivery
operations, warehouses, manufacturing plants, procurement programs
and operational controls. Earlier, over 17 years with UPS, he was
instrumental in the expansion of 3PL services, including UPS Supply
Chain Solutions, which provides supply chain design and management,
freight forwarding, customs brokerage, mail services, multimodal
transportation, consulting and finance services to customers. His
extensive M&A experience with UPS includes the integrations of
Mail Boxes Etc. (consumer shipping), Fritz Companies (freight
forwarding, customs brokerage and logistics), Overnite Corp.
(less-than-truckload) and Menlo Freight Forwarding. He holds a
master's degree in finance from Georgia State University, and is
certified in the following disciplines: Six Sigma Green Belt, Lean
Management, Time and Motion Study (Industrial Engineering) and
Total Quality Management.
Bradley Jacobs said, "Kenny has a strong record of
leading organizations during periods of rapid growth. His more than
20 years in global transportation and logistics - including
e-commerce - give him the ideal skill set to deliver even more
value to customers through our service offerings. He's a big talent
with a long history of accomplishments in our industry."
Jacobs continued, "Troy has been a key member of
my management teams for more than 20 years. He now has Kenny
standing shoulder-to-shoulder with him as we continue to execute
our strategy for high growth and high returns. I'm fortunate to
have both of them by my side to lead our operations and help with
the integration and optimization of future acquisitions."
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics
provider of cutting-edge supply chain solutions to the most
successful companies in the world. The company operates as a highly
integrated network of people, technology and physical assets in 32
countries, with 1,455 locations and more than 95,000 employees. XPO
uses its network to help more than 50,000 customers manage their
goods more efficiently throughout their supply chains. The company
has two reporting segments, transportation and logistics, and
within these segments its business is well diversified by
geographies, verticals and types of service. XPO's corporate
headquarters is in Greenwich, Conn., USA, and its European
headquarters is in Lyon, France. xpo.com
Media Contact
XPO Logistics, Inc.
Erin Kurtz
+1-203-489-1586
erin.kurtz@xpo.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: XPO Logistics, Inc. via Globenewswire
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