XPO Anuncia a Baris Oran como Director Financiero de GXO Logistics ante la Escisión Prevista de la Compañía

Greenwich, Conn. | April 6, 2021

XPO Logistics ha anunciado que Baris Oran se convertirá en el director financiero de GXO Logistics, Inc.tras la escisión prevista del negocio de logística de XPO. Oran se incorporará a XPO como director financiero del segmento logístico a partir de mayo de 2021, y dirigirá la organización financiera global de GXO cuando se complete el planeado proceso de escisión.

Los 20 años de trayectoria profesional de Oran en el área de las finanzas incluyen puestos de dirección en multinacionales líderes en el mercado. Recientemente ha ocupado el cargo de director financiero en el Grupo Sabanci, una de las mayores empresas turcas que cotizan en bolsa, con filiales en los sectores industrial, minorista y de servicios financieros, y con unos ingresos combinados de más de 15.000 millones de dólares. Como director financiero, Oran ha sido el responsable de llevar a cabo numerosas operaciones de salida a bolsa, fusiones y adquisiciones y desinversiones, mejorar la asignación de capital y dirigir iniciativas de desapalancamiento y gestión de riesgos.

Además de director financiero de Sabanci, entre los cargos anteriores de Oran figuran el de director financiero de Kordsa, un innovador mundial de tecnologías de refuerzo industrial. Ha sido presidente, vicepresidente o miembro del consejo de administración de ocho empresas cotizadas en bolsa y cuatro privadas, incluyendo presidente del consejo de Teknosa, un minorista omnicanal del Grupo Sabanci. Oran tiene un máster en administración de empresas por la Universidad de Georgia y formación en gestión avanzada por la Kellogg School of Management de la Northwestern University. Es miembro del consejo de administración de TUSIAD, organización asociada a la patronal europea BusinessEurope, y miembro del Consejo Global de Directores Financieros de la CNBC.

Brad Jacobs, presidente y consejero delegado de XPO Logistics, ha declarado: "Nos complace que nuestro plan de escisión cuente con un líder financiero fuerte y pragmático. Baris es un director financiero eficaz con una amplia trayectoria en la adaptación por parte de organizaciones financieras de estrategias que aporten creación de valor. Nuestro equipo directivo de GXO cuenta actualmente con cinco ejecutivos de primer nivel y se incorporarán más en el futuro".

Como se anunció anteriormente, XPO prevé completar la escisión de su negocio de logística en una empresa independiente que cotiza en bolsa en la segunda mitad de 2021. Como segundo mayor proveedor de logística por contrato del mundo, GXO estará bien posicionada para capitalizar los principales vientos de cola de la expansión del comercio electrónico, la demanda de automatización por parte de los clientes de logística y una creciente tendencia hacia la externalización de la cadena de suministro. En la actualidad, las operaciones se desarrollan en aproximadamente 890 centros en 27 países.

Sobre XPO Logistics

XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a highly integrated network of people, technology and physical assets in 30 countries, with 1,629 locations and more than 100,000 employees. XPO uses its network to help more than 50,000 customers manage their goods most efficiently throughout their supply chains. XPO’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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