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XPO Logistics board greenlights GXO Logistics spinoff
Beginning on or about July 22, and expected to continue up to Aug. 2, there will be two markets in XPO common stock on the NYSE: a “regular-way” market and an “ex-distribution” market.
XPO Logistics names executive board for spinoff company
Malcolm Wilson, currently chief executive officer of XPO Logistics Europe, will become CEO of the spinoff’s global business.
XPO Logistics splitting into two publicly traded companies
The Greenwich firm intends to structure the spinoff as a transaction that is tax-free to XPO shareholders and would result in XPO shareholders owning stock in both companies.
Suite Talk: LaQuenta Jacobs, chief diversity officer at XPO Logistics
"It's important that our employees have a sense of belonging," said Jacobs.
Dalio and Cohen lead Connecticut billionaires on latest Forbes 400 list
Ray Dalio and Steven Cohen led the Connecticut billionaires' brigade in the latest Forbes magazine annual ranking of the wealthiest 400 Americans. Dalio, co-founder of...
XPO Logistics names LaQuenta Jacobs as chief diversity officer
Earlier in her career, she was senior human resources manager at Delta Airlines.
Most Connecticut billionaires grew richer during pandemic
Even Vince McMahon grew richer, despite problems with his WWE and XFL endeavors.
XPO Logistics’ CEO to LGBT community: Come work with us
Bradley Jacobs, chairman and CEO of Greenwich-headquartered XPO Logistics, issued an open invitation for members of the LGBT demographic to seek out employment at...
XPO Logistics exploring potential sales or spin-offs of various business units
The Greenwich transportation titan has not determined which, if any, business units could be sold or spun off, but noted its North American less-than-truckload unit is off the table.
Nine area firms make Newsweek’s ‘Most Responsible Companies’ tally
Regeneron Pharmaceuticals in Tarrytown was the top-rated Westchester firm, while XPO Logistics of Greenwich was the highest-ranked Fairfield County operation.
XPO Logistics expanding tech initiatives with MIT alliance
“All the wins that we have gotten are driven by technology innovations,” the Greenwich firm's CEO Bradley Jacobs told CNBC soon after its third-quarter results were released.
XPO Logistics issues first-ever sustainability report
Improvements in energy use and efficiency, as well as employee benefits, are highlighted.
XPO Logistics names AnnaMaria DeSalva vice chairman of the board
In addition, the Greenwich firm has appointed Marlene Colucci as a new independent director.
Ray Dalio richest person in Connecticut, according to Forbes
The nation’s wealthiest person, according to Forbes, is Amazon Founder, Chairman and CEO Jeff Bezos, with a net worth of $160 billion.
XPO Logistics searching for new CFO
John Hardig has stepped down from his position as chief financial officer of the Greenwich-based company.
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