XPO Logistics, Inc., a provider of freight transportation services, announced that Jamie Harris will become chief financial officer of RXO, the planned spin-off of XPO’s brokered transportation platform.
Harris will join XPO as chief financial officer of the North American transportation division, effective September 26, 2022, and will lead RXO’s finance operations when the separation is complete. He will report to Drew Wilkerson, who, as previously announced, will be chief executive officer of RXO, and currently serves as president, transportation – North America.
Harris is a career CFO with 35 years of accomplishments in B2B sectors, including two decades with public companies. He joins XPO from global manufacturer SPX Technologies, where he served as CFO and treasurer. Prior to SPX, Harris was CFO and interim CEO with Elevate Textiles, Inc., and CFO with Coca-Cola Consolidated, the largest independent Coca-Cola franchisee in the United States. He began his career with Ernst & Young LLP.
XPO also announced that David Murray has joined XPO’s North American transportation division as vice president, financial shared services, effective immediately. He will continue to lead financial shared services while serving as treasurer of RXO once the spin-off is complete.
Murray’s 22-year career includes positions as head of financial planning and analysis with IAC Group, and assistant treasurer with The Mosaic Company. Earlier, he served in senior roles with General Motors Corporation, primarily in treasury.
Wilkerson said, “In Jamie, we have a veteran CFO who will align our financial strategy with our rapid growth, while David adds key bench strengths. Our RXO C-suite is now nearly complete. I’m extremely pleased with the strong leadership team we’ve created to move our brokerage business toward the planned spin-off as a separate public company.”
As previously announced, XPO intends to spin off its asset-light brokered transportation platform from its asset-based less-than-truckload business, creating two separate, publicly traded companies with vast growth prospects in North America. XPO expects to complete the spin-off in the fourth quarter of 2022. Visit www.rxo.com for more information.
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