GXO Logistics announces Patrick Byrne as incoming Non-Executive Chairman, succeeding Brad Jacobs on December 31, 2025.
Quiver AI Summary
GXO Logistics, Inc. has announced that Patrick Byrne will succeed Brad Jacobs as Non-Executive Chairman of the Board, effective December 31, 2025. This transition follows a transformative period for the company, which includes the appointment of CEO Patrick Kelleher and several senior leadership hires, as well as the acquisition of Wincanton. Jacobs noted that his commitment as Chairman extended beyond the initial three years since the GXO spin-off, emphasizing the company's strong position for future growth. Byrne, who brings over 30 years of experience in digital transformation and operational leadership, expressed his honor in taking on the role and looks forward to working with the management team to enhance value for customers and shareholders. GXO, headquartered in Greenwich, Connecticut, is the largest pure-play contract logistics provider, addressing complex logistics challenges for leading companies globally.
Potential Positives
- Patrick Byrne's appointment as Non-Executive Chairman signals a continued commitment to strong leadership, bringing over 30 years of experience in digital transformation and operational leadership, which may enhance the company's strategic direction.
- The transition in leadership occurs after a period of significant transformation at GXO, including the acquisition of Wincanton, indicating a proactive approach to growth and expansion in the logistics sector.
- The addition of seven new independent board members highlights GXO's commitment to enhancing governance and diversity within its leadership, potentially leading to better decision-making and innovation.
- Brad Jacobs’ acknowledgment of the company's strengthened position following the GXO spin-off suggests a solid foundation for future growth and stability under Byrne's leadership.
Potential Negatives
- The announcement of a leadership transition may raise concerns about continuity and future company direction, especially following a period of significant transformation.
- Brad Jacobs' step down after more than four years could lead to uncertainty among investors regarding stability and the effectiveness of the new leadership team.
- Patrick Byrne, while experienced, is new to the role of Non-Executive Chairman and may require time to build confidence among shareholders and stakeholders, potentially impacting short-term performance.
FAQ
Who is Patrick Byrne and what is his new role at GXO?
Patrick Byrne is a seasoned executive who will become the Non-Executive Chairman of GXO Logistics starting December 31, 2025.
What changes are happening in GXO's leadership?
Brad Jacobs will step down as Non-Executive Chairman, and Patrick Byrne will take over the position following a period of transformation.
Why is Brad Jacobs stepping down as Chairman?
Brad Jacobs committed to serve as Chairman for three years, and he feels the company is well-prepared for its next growth phase.
What experience does Patrick Byrne bring to GXO?
Patrick Byrne has over 30 years of experience in digital transformation and operational leadership, having held roles at GE and Fortive.
What is GXO's position in the logistics industry?
GXO Logistics is the world's largest pure-play contract logistics provider, specializing in e-commerce and advanced supply chain solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GXO Insider Trading Activity
$GXO insiders have traded $GXO stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $GXO stock by insiders over the last 6 months:
- TODD C COOPER purchased 6,000 shares for an estimated $303,540
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$GXO Revenue
$GXO had revenues of $3.4B in Q3 2025. This is an increase of 7.54% from the same period in the prior year.
You can track GXO financials on Quiver Quantitative's GXO stock page.
$GXO Hedge Fund Activity
We have seen 208 institutional investors add shares of $GXO stock to their portfolio, and 251 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AXA S.A. removed 1,000,759 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $52,930,143
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. removed 987,350 shares (-59.0%) from their portfolio in Q3 2025, for an estimated $52,220,941
- BALYASNY ASSET MANAGEMENT L.P. added 780,431 shares (+1511.4%) to their portfolio in Q3 2025, for an estimated $41,276,995
- FIL LTD removed 776,227 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $41,054,646
- NORGES BANK removed 730,512 shares (-57.5%) from their portfolio in Q2 2025, for an estimated $35,575,934
- CITADEL ADVISORS LLC added 675,097 shares (+84.6%) to their portfolio in Q3 2025, for an estimated $35,705,880
- PARSIFAL CAPITAL MANAGEMENT, LP added 647,457 shares (+77.5%) to their portfolio in Q3 2025, for an estimated $34,244,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$GXO Analyst Ratings
Wall Street analysts have issued reports on $GXO in the last several months. We have seen 10 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 11/06/2025
- Wells Fargo issued a "Overweight" rating on 10/06/2025
- Morgan Stanley issued a "Overweight" rating on 10/06/2025
- Goldman Sachs issued a "Buy" rating on 09/24/2025
- UBS issued a "Buy" rating on 08/07/2025
- Susquehanna issued a "Positive" rating on 08/07/2025
- Oppenheimer issued a "Outperform" rating on 08/07/2025
To track analyst ratings and price targets for $GXO, check out Quiver Quantitative's $GXO forecast page.
$GXO Price Targets
Multiple analysts have issued price targets for $GXO recently. We have seen 11 analysts offer price targets for $GXO in the last 6 months, with a median target of $63.0.
Here are some recent targets:
- Ravi Shanker from Morgan Stanley set a target price of $70.0 on 12/08/2025
- Brian Ossenbeck from JP Morgan set a target price of $67.0 on 11/06/2025
- Christian Wetherbee from Wells Fargo set a target price of $65.0 on 10/06/2025
- Thomas Wadewitz from UBS set a target price of $63.0 on 10/03/2025
- Patrick Creuset from Goldman Sachs set a target price of $68.0 on 09/24/2025
- Bascome Majors from Susquehanna set a target price of $60.0 on 08/07/2025
- Scott Schneeberger from Oppenheimer set a target price of $62.0 on 08/07/2025
Full Release
Seasoned Executive Patrick Byrne to Become Non-Executive Chairman
GREENWICH, Conn., Dec. 15, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced that Brad Jacobs will step down as Non-Executive Chairman of the Board, effective December 31, 2025. Patrick Byrne will assume the role of Non-Executive Chairman at that time.
The chairman transition follows a period of significant transformation at GXO, including the appointment of CEO Patrick Kelleher, several additional senior leadership hires, the appointment of seven new, independent board members and regulatory approval of GXO’s acquisition of Wincanton.
Jacobs said, “When we completed the GXO spin-off, I committed to staying on for three years as Chairman. More than four years later, the company is stronger than ever, and the leadership team is well-positioned to drive GXO’s next chapter of growth.”
Byrne said, “Brad’s vision and leadership created the world’s largest pure-play contract logistics provider and I am honored to serve as its Chairman. On behalf of the entire board, we look forward to continuing to work closely with the management team as we grow the business to create exceptional value for our customers and shareholders.”
Byrne, who joined the GXO Board in July 2025, brings more than 30 years of experience in digital transformation and operational leadership. He previously served as CEO of GE Digital and Senior Vice President of Operational Transformation at General Electric, following senior leadership roles at Fortive, Danaher and Tektronix.
Byrne currently serves as Non-Executive Chair of Diebold Nixdorf and Chair of Verra Mobility and previously served as an Independent Director at Micron Technology.
About GXO
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has over 150,000 team members across more than 1,000 facilities, totaling more than 200 million square feet. The company serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit
GXO.com
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Media Contact
Matthew Schmidt
+1 203-307-2809
[email protected]
Investor Contact
Kristine Kubacki, CFA
+1 203-769-7206
[email protected]
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