XPO Logistics Announces Board of Directors for Post-Spin-Off Company
August 02 2021 - 7:05AM
XPO Logistics, Inc. (NYSE: XPO), a leading global provider of
freight transportation services, today announced that its new slate
of directors has become effective with the closing of its spin-off
transaction. XPO completed the spin-off of its global logistics
segment as GXO Logistics at 12:01 a.m. Eastern Time on August 2,
2021.
As previously announced, Brad Jacobs, XPO’s chief executive
officer, will continue as chairman. AnnaMaria DeSalva and Michael
Jesselson will remain in the roles of vice chairman and lead
independent director, respectively, and Adrian Kingshott will
continue to serve as director.
XPO has appointed four new board members, replacing directors
who resigned from the XPO board to join the GXO board. The new XPO
directors are:
Jason Aiken, chief financial officer of General Dynamics
Corporation, and former chief financial officer of Gulfstream
Aerospace Corporation, a General Dynamics subsidiary.
Mary Kissel, executive vice president and senior policy
advisor with Stephens Inc., former senior advisor to the US
Secretary of State, and formerly with The Wall Street Journal as a
member of the Editorial Board and editorial page editor for
Asia-Pacific.
Allison Landry, former senior transportation research
analyst with Credit Suisse, covering the trucking, railroad,
airfreight and logistics industries.
Johnny C. Taylor, Jr., chief executive officer of the
Society of Human Resources Management (SHRM), and former senior
executive with IAC/Interactive Corp, Viacom's Paramount Pictures
and Blockbuster Entertainment Group, among others.
Brad Jacobs, chairman and chief executive officer of XPO
Logistics, said, “We’ve added four outstanding independent
directors to the wealth of experience we retained following the
spin-off. This is our most diverse board composition yet, with an
emphasis on the financial, cultural and market opportunities of our
business. Our growth strategy will have powerful support.”
Biographies of XPO’s directors and their board committee
assignments have been or will be filed with the U.S. Securities and
Exchange Commission and can be found on xpo.com.
About XPO Logistics XPO Logistics, Inc. (NYSE:
XPO) is a leading provider of freight transportation, primarily a
top-three provider of truck brokerage and less-than-truckload (LTL)
capacity in North America. XPO helps companies to de-risk
their supply chains by moving their goods using cutting-edge
technology. XPO Connect™, the company’s proprietary automated
freight marketplace, is one of the fastest-growing digital
brokerage platforms in the industry. XPO provides truck capacity at
scale to 50,000 shippers through a global network of
744 locations and approximately 40,000 employees. The company
is headquartered in Greenwich, Conn., USA.
Visit xpo.com for more information, and connect with XPO
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
Investor ContactTavio
Headley+1-203-413-4006tavio.headley@xpo.com
Media ContactJoe
Checkler+1-203-423-2098joe.checkler@xpo.com
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