XPO Logistics nomina Bill Fraine Chief Commercial Officer di GXO Logistics
Greenwich, Conn. | April 30, 2021
XPO Logistics, Inc. (NYSE: XPO) ha annunciato oggi la nomina di Bill Fraine come Chief Commercial Officer di GXO Logistics, Inc, il previsto spin-off dell'attività logistica di XPO. Sarà responsabile della direzione delle attività go-to-market di GXO, focalizzandosi sull’allineare la crescita con la creazione di valore a lungo termine, quando la prevista separazione sarà completa.
Fraine è entrato in XPO nel 2011 come Head of Operations and Account Management e ricopre attualmente il ruolo di Division President, Supply Chain per le aree Americhe ed Asia Pacifico. Ha supervisionato l'integrazione di diverse acquisizioni di XPO e ha ristrutturato le attività in Nord America per segmenti verticali di clientela. Prima di entrare in XPO, Fraine ha trascorso 23 anni in FedEx, progredendo da gestore di front-line a responsabile delle vendite.
Fin dal primo giorno di attività, GXO opererà con un ampio portafolio clienti, tra cui il 30% delle aziende Fortune 100. Fraine supervisionerà tutti gli aspetti della strategia di vendita di GXO in segmenti verticali chiave tra cui l’e-commerce, il retail, l’abbigliamento e l’elettronica di consumo.
Brad Jacobs, Chairman e Chief Executive Officer, ha dichiarato: “Bill possiede tutte le qualità di un CCO di prim'ordine ed il curriculum per sostenerlo. Sono entusiasta di vederlo guidare gli sforzi di GXO per rafforzare le relazioni a lungo termine con i clienti esistenti, così come aggiungere nuovi business da altre aziende di prim’ordine".
Come precedentemente annunciato, XPO prevede di completare lo spin-off della sua attività logistica creando una società separata e quotata in borsa nella seconda metà del 2021. Come secondo più grande fornitore di contract logistics al mondo, GXO sarà ben posizionata per capitalizzare i principali venti favorevoli nel settore della logistica come l'espansione dell'e-commerce, la domanda crescente dei clienti per l'automazione delle attività logistiche e la tendenza fiorente verso l'outsourcing della supply chain. Le operazioni comprendono attualmente circa 890 sedi in 27 paesi.
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.
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