GXO Logistics, Inc. (NYSE: GXO) today announced that Malcolm Wilson, chief executive officer, has informed the board of directors that he plans to retire in 2025. He will continue to lead the company during the executive search process for his successor.
Brad Jacobs, chairman of the GXO Board of Directors, said, “Malcolm’s countless contributions to GXO and its legacy parent XPO span nearly a decade. Under his leadership, GXO has added more than $3 billion of revenue and received global recognitions each year for innovation and workplace culture. Our incoming CEO will inherit a best-in-class management team and strong industry positioning, while Malcolm will embark on a well-deserved retirement. I fully support this decision and wish him all the best.”
Since being named CEO in August 2021, Mr. Wilson has led GXO’s growth to 130,000 employees and more than 200 million square feet of facility space in the Americas, Europe and Asia Pacific. During his tenure, GXO has acquired Clipper Logistics and Wincanton among others; increased revenue from $7.9 billion in 2021 to $11 billion in the twelve months ended September 30, 2024; increased adjusted EBITDA from $633 million in 2021 to $757 million in the twelve months ended September 30, 2024; and achieved a return on invested capital of more than 30% per year.
Malcolm Wilson said, “My time at GXO has been the highlight of my three decades in logistics. We have an outstanding organization that embraces new technologies, keeping us at the forefront of the industry. I’m grateful to the team and our customers for their support — and I look forward to working with the Board to ensure the company is in excellent hands.”
Despre GXO Logistics
GXO logistics, Inc (NYSE: GXO) este cel mai mare furnizor de logistică contractuală din lume, beneficiind de creșterea rapidă a comerțului electronic, automatizării și externalizării. GXO se angajează să ofere un mediu de lucru divers, de clasă mondială, pentru cei 130 000 de angajați din 970 de locații cu aproximativ 18,5 milioane de metri pătrați de spațiu de depozitare. Compania colaborează cu clienți globali pentru a rezolva provocări logistice complexe prin soluții avansate din punct de vedere tehnologic și soluții de comerț electronic pe scară largă, cu implementare rapidă. GXO are sediul central în Greenwich, Connecticut, SUA. Vizitați GXO.com pentru mai multe informații și conectați-vă cu GXO pe LinkedIn, X, Facebook, Instagram și YouTube.
Declarații prospective
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. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “plans,” “continue,” “will,” 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. Unknown or unpredictable factors could cause actual events to differ materially from the forward-looking statements expressed herein.