XPO names Harik CEO of LTL business; Jacobs to step aside

XPO Logistics Inc. on Thursday named Mario Harik, currently CIO and interim head of the company’s less-than-truckload business, as permanent CEO of what will become a pure-play LTL carrier by the end of 2022.

Brad Jacobs, XPO’s founder, chairman and CEO, will step aside as CEO and become XPO’s (NYSE: XPO) executive chairman once the company spins off its truck brokerage, final-mile and managed transportation businesses. The spinoff is expected to occur during the fourth quarter. Jacobs will also...

https://www.freightwaves.com/news/xpo-names-harik-permanent-ceo-of-stand-alone-ltl-business

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon