Greenwich-headquartered XPO Logistics Inc. has appointed Drew Wilkerson to be the CEO for the planned spin-off of its tech-enabled brokers services platform.
Wilkerson is currently XPO”™s president of North American Transportation and will transition to the CEO role with the yet-to-be-named spin-off, which the company expects to launch in the fourth quarter of this year. The spin-off will separate XPO”™s tech-enabled brokered services platform from its less-than-truckload (LTL) business, creating two separate and publicly traded companies.
Wilkerson joined XPO in 2012 to spearhead the growth of the company”™s flagship truck brokerage hub in Charlotte, North Carolina, and was promoted to regional vice president and then president of XPO”™s North American brokerage business. In 2020, he was named to his current position.
“The spin-off is an opportunity for Drew and his proven management team to unlock greater potential with a pure-play brokerage platform,” said XPO Chairman and CEO Brad Jacobs.