XPO Anuncia el Nombramiento de Angus Tweedie como Vicepresidente Sénior de Estrategia de GXO Logistics ante la Escisión Prevista

Greenwich, Conn. | May 19, 2021

XPO Logistics ha anunciado la llegada de Angus Tweedie al equipo directivo de GXO Logistics, Inc.ante la escisión prevista del negocio de logística de XPO. Tweedie se incorporará a XPO a lo largo de este mes y será vicepresidente sénior de estrategia de GXO cuando concluya la escisión. Trabajará junto con Mark Manduca, director de inversiones de GXO, y se encargará del análisis de oportunidades de crecimiento para GXO y de comunicar los argumentos de inversión de la compañía a la comunidad global de inversores.

Angus Tweedie ha liderado dos de los mejores equipos de análisis de Europa: el de automóviles en Citigroup y el de viajes y ocio en Bank of America Merrill Lynch. También dirigió el análisis de tecnología, medios y telecomunicaciones de Macquarie Securities Group en Londres. Es licenciado en Historia por la Universidad de Edimburgo (Escocia).

Brad Jacobs, presidente y consejero delegado, ha comentado: “Angus es un avezado analista que ha cosechado grandes éxitos dirigiendo equipos muy resolutivos. Es un profesional pragmático que encajará a la perfección en el extraordinario equipo directivo de GXO”.

Tal como se ha anunciado, XPO tiene previsto completar la escisión de su negocio de logística para formar una compañía independiente que cotice en bolsa en la segunda mitad de 2021. Como segundo mayor proveedor de logística contractual del mundo, GXO estará bien posicionada para capitalizar los tres principales vientos de cola del crecimiento del e-commerce, la demanda de automatización logística por parte de los clientes y la creciente tendencia hacia la externalización de la cadena de suministro. En la actualidad, las operaciones se desarrollan en aproximadamente 885 centros logísticos en 27 países.

Sobre XPO Logistics

XPO Logistics, Inc. (NYSE: XPO) provides cutting-edge supply chain solutions to the most successful companies in the world. The company is the second largest contract logistics provider and the second largest freight broker globally, and a top three less-than-truckload provider in North America. XPO uses a highly integrated network of 1,621 locations in 30 countries to serve more than 50,000 customers. Approximately 140,000 team members, including 108,000 employees and 32,000 temporary workers, help XPO’s customers manage their supply chains most efficiently. The company’s corporate headquarters are in Greenwich, Conn., USA, and its European headquarters are in Lyon, France. Visit xpo.com for more information, and connect with XPO on FacebookTwitterLinkedInInstagram and YouTube.

Forward-looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements, including the statements above regarding plans, benefits and timing of the contemplated spin-off transaction. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by the company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors the company believes are appropriate in the circumstances.

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in our filings with the SEC and the following: economic conditions generally; the severity, magnitude, duration and aftereffects of the COVID-19 pandemic and government responses to the COVID-19 pandemic; our ability to align our investments in capital assets, including equipment, service centers and warehouses, to our customers’ demands; our ability to implement our cost and revenue initiatives; our ability to successfully integrate and realize anticipated synergies, cost savings and profit improvement opportunities with respect to acquired companies; matters related to our intellectual property rights; fluctuations in currency exchange rates; fuel price and fuel surcharge changes; natural disasters, terrorist attacks or similar incidents; risks and uncertainties regarding the potential timing and expected benefits of the proposed spin-off of our logistics segment, including final approval for the proposed spin-off and the risk that the spin-off may not be completed on the terms or timeline currently contemplated, if at all; the impact of the proposed spin-off on the size and business diversity of our company; the ability of the proposed spin-off to qualify for tax-free treatment for U.S. federal income tax purposes; our ability to develop and implement suitable information technology systems and prevent failures in or breaches of such systems; our substantial indebtedness; our ability to raise debt and equity capital; fluctuations in fixed and floating interest rates; our ability to maintain positive relationships with our network of third-party transportation providers; our ability to attract and retain qualified drivers; labor matters, including our ability to manage our subcontractors, and risks associated with labor disputes at our customers and efforts by labor organizations to organize our employees; litigation, including litigation related to alleged misclassification of independent contractors and securities class actions; risks associated with our self-insured claims; risks associated with defined benefit plans for our current and former employees; and governmental regulation, including trade compliance laws, as well as changes in international trade policies and tax regimes; governmental or political actions, including the United Kingdom’s exit from the European Union; and competition and pricing pressures.

All forward-looking statements set forth in this release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us or our business or operations. Forward-looking statements set forth in this release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.

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