GXO Logistics elected five new Board members, enhancing operational expertise to support its growth in logistics solutions.
Quiver AI Summary
GXO Logistics, Inc. announced the election of five new members to its Board of Directors during its 2025 Annual Meeting of Stockholders, alongside the re-election of four incumbent directors. Chairman Brad Jacobs expressed confidence that these new leaders, who bring extensive experience in supply chain management and operational excellence, will contribute significantly to GXO's growth as a logistics provider. The newly elected directors include Todd Cooper, Julio Nemeth, Torsten Pilz, Laura Wilkin, and Kyle Wismans, each of whom will lead different committees within the board. GXO, the largest pure-play contract logistics provider, focuses on leveraging its workforce and facilities to meet the increasing demand for e-commerce and technologically advanced logistics solutions.
Potential Positives
- The election of five new board members with extensive experience in supply chain management and operational excellence strengthens GXO's leadership team.
- New board members' backgrounds from major companies such as Procter & Gamble, Honeywell, 3M, and Amazon position GXO for enhanced strategic growth and operational improvements.
- GXO's commitment to an inclusive workplace for over 150,000 employees highlights its dedication to corporate culture and employee welfare.
Potential Negatives
- The addition of five new directors may raise concerns about governance stability and potential shifts in company strategy, particularly if the new leaders have differing priorities or approaches from the existing board.
- Frequent changes in leadership and board composition may signal underlying issues within the company, such as challenges in attracting and retaining top talent.
- While new expertise is welcome, the need to replace members of the Board of Directors can indicate previous shortcomings or inefficiencies that necessitated re-evaluation of leadership.
FAQ
Who are the new members of GXO's Board of Directors?
The new members elected to GXO's Board include Todd Cooper, Julio Nemeth, Torsten Pilz, Laura Wilkin, and Kyle Wismans.
What is the purpose of GXO's Board of Directors?
GXO's Board of Directors provides governance and strategic guidance to help the company excel in logistics and supply chain management.
What is the significance of these Board elections for GXO?
These elections bring in leaders with extensive supply chain experience, enhancing GXO's strategic growth and operational excellence.
What is GXO Logistics known for?
GXO Logistics is the world’s largest pure-play contract logistics provider, focusing on ecommerce, automation, and outsourcing solutions.
How can I learn more about GXO's leadership team?
You can find more information about GXO's Board of Directors on their website at www.gxo.com/about-gxo/leadership-team.
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 Hedge Fund Activity
We have seen 232 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:
- COOPER CREEK PARTNERS MANAGEMENT LLC removed 2,361,563 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $102,727,990
- AMERICAN CENTURY COMPANIES INC removed 2,212,970 shares (-71.4%) from their portfolio in Q4 2024, for an estimated $96,264,195
- AMUNDI removed 1,714,856 shares (-96.1%) from their portfolio in Q4 2024, for an estimated $74,596,236
- ORBIS ALLAN GRAY LTD removed 1,457,159 shares (-10.3%) from their portfolio in Q4 2024, for an estimated $63,386,416
- SPRUCE HOUSE INVESTMENT MANAGEMENT LLC added 1,200,000 shares (+133.3%) to their portfolio in Q4 2024, for an estimated $52,200,000
- ALYESKA INVESTMENT GROUP, L.P. added 1,069,503 shares (+inf%) to their portfolio in Q4 2024, for an estimated $46,523,380
- SCOPUS ASSET MANAGEMENT, L.P. removed 947,792 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $41,228,952
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GREENWICH, Conn., May 13, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the election of five new members to its Board of Directors at its 2025 Annual Meeting of Stockholders. The five new directors join four incumbent directors who were re-elected at the same meeting.
Brad Jacobs, GXO’s chairman, said, “These leaders bring deep expertise in operational excellence and strategic growth across all aspects of the supply chain. They will add immediate value as GXO accelerates its path to becoming the world’s leading logistics provider.”
Below are brief biographies of the newly elected directors. For more information about GXO’s Board of Directors, visit www.gxo.com/about-gxo/leadership-team .
- Todd Cooper — Cooper is president of advanced technology solutions at Celestica, Inc. managing its aerospace and defense, capital equipment, healthtech, industrial, and smart energy businesses. He brings 25 years of experience in operations at global organizations. Prior to Celestica, Cooper was managing director of procurement and supply chain at KKR and vice president of aerospace global sourcing at Honeywell. He began his career at McKinsey & Company. Cooper will chair the Compensation Committee.
- Julio Nemeth — Nemeth has four decades of experience in consumer goods and supply chain management. He served as chief product supply officer at Procter & Gamble and held numerous senior roles at P&G over the course of thirty years, including president, global business services; and senior vice president, product supply, global operations. Nemeth serves on the boards of WK Kellogg Co. and The Boston Beer Company, Inc. Nemeth will chair the Nominating and Corporate Governance Committee.
- Torsten Pilz, Ph.D. — Dr. Pilz is group president of enterprise supply chain at the 3M Company. Previously, he was chief supply chain officer at Honeywell International, Inc. Pilz also served as vice president, operations and supply chain for SpaceX; vice president, worldwide operations at Amazon; and in several leadership roles at Henkel AG & Co. Pilz will chair the Operational Excellence Committee.
- Laura Wilkin — Wilkin is the founder and chief executive officer of Excelerate Supply Chain Advisory Services and serves on the advisory board of Vorto, an AI-enabled transportation platform. Wilkin has 30 years of experience in global supply chain, operations, technology and industrial real estate. She has served as vice president, global supply chain and industrial real estate at Amazon, chief supply chain officer at Petco, and senior vice president, logistics at Walmart.
- Kyle Wismans — Wismans has served as chief financial officer of XPO, Inc. since 2023, after joining the company as global head of financial planning and analysis (FP&A) in 2019. Prior to XPO, he led global FP&A for Baker Hughes’s oilfield services division and was chief financial officer for General Electric Company’s pressure control business in oil and gas. Wismans will chair the Audit Committee.
About GXO
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing an inclusive, world-class workplace for more than 150,000 team members across more than 1,000 facilities totaling approximately 200 million square feet. The company partners with 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, USA. Visit GXO.com for more information and connect with GXO on LinkedIn , X , Facebook , Instagram and YouTube .
Media contact
Matthew Schmidt
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Investor contact
Kristine Kubacki
+1 412-629-4089
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