RXO CEO Drew Wilkerson Named to Charlotte Business Journal’s Most Admired CEO list

Rhea-AI Summary

Drew Wilkerson, CEO of RXO, has been named to the Charlotte Business Journal’s Most Admired CEO list for 2024. This accolade emphasizes his exceptional leadership, strategic direction, and innovation, which have been important in RXO's success. Under Wilkerson's leadership, RXO's brokerage business achieved four consecutive quarters of double-digit volume growth and industry-leading gross margins. Notable technological advancements include the AI-driven RXO Connect platform, which digitally handled 97% of brokerage loads in Q1 2024. Wilkerson's leadership has also earned recognition from other prestigious lists, including CBJ's 2023 40 Under 40 and Business North Carolina's Power List.

Positive

• RXO CEO Drew Wilkerson named to the Charlotte Business Journal’s Most Admired CEO list for 2024.
• RXO achieved four consecutive quarters of double-digit volume growth in its brokerage business.
• RXO reported industry-leading gross margins under Wilkerson's leadership.
• Technological innovation is a key focus, with 97% of brokerage loads handled digitally in Q1 2024 via the RXO Connect platform.
• Wilkerson has been previously recognized in CBJ’s 2023 40 Under 40 and Business North Carolina's Power List.

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CHARLOTTE, N.C.--(BUSINESS WIRE)-- Drew Wilkerson, chief executive officer of RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, has been named to the Charlotte Business Journal’s prestigious Most Admired CEO list for 2024. This recognition highlights Wilkerson’s exceptional leadership, strategic vision and commitment to innovation, which has been instrumental in driving RXO’s success, even in one of the most challenging freight markets to date.

The Most Admired CEO Awards program honors established leaders in the Charlotte region who have demonstrated exceptional vision, commitment to company culture and positive impact extending beyond the boardroom. Wilkerson’s inclusion in the 2024 class recognizes his outstanding leadership and strategic direction since RXO became a standalone publicly traded company in 2022.

“I’m humbled to receive this recognition from the Charlotte Business Journal,” said Wilkerson. “This honor is a testament to the hard work and dedication of the entire RXO team. Together, we’ve built a company focused on delivering innovative solutions, cutting-edge technology and exceptional service while fostering a culture of continuous improvement.”

Despite the tough market conditions, RXO has outperformed the industry. Under Wilkerson's guidance, the company's brokerage business has delivered four consecutive quarters of double-digit volume growth, as well as industry-leading gross margins.

Wilkerson’s strategic vision and commitment to innovation have been pivotal in RXO’s accomplishments. He has championed the use of artificial intelligence and machine learning in RXO’s proprietary software platform, RXO Connect™. The cutting-edge technology streamlines freight transportation, connecting thousands of shippers to more than 100,000 carriers. In Q1 2024, an impressive 97% of RXO's brokerage loads were created or covered digitally, a testament to Wilkerson's tech-driven mindset.

Wilkerson's exceptional leadership has garnered recognition from various prestigious organizations. In addition to being named to the Charlotte Business Journal's Most Admired CEO list for 2024, he was also included in the 2023 CBJ 40 Under 40 list and Business North Carolina's Power List.

For more information on RXO, visit https://rxo.com.

About RXO

RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight forwarding and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C. Visit RXO.com for more information and connect with RXO on Facebook, X, LinkedIn, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240614232707/en/

Media

Erin Kelly

erin.kelly@rxo.com

Source: RXO

FAQ

Who is the CEO of RXO named in the Charlotte Business Journal's Most Admired CEO list for 2024?

Drew Wilkerson, the CEO of RXO, has been named in the Charlotte Business Journal's Most Admired CEO list for 2024.

What recognition did RXO's CEO Drew Wilkerson receive in 2024?

Drew Wilkerson, CEO of RXO, was named to the Charlotte Business Journal’s Most Admired CEO list for 2024.

What technological advancements has RXO achieved under Drew Wilkerson's leadership?

Under Drew Wilkerson's leadership, RXO implemented the AI-driven RXO Connect platform, with 97% of brokerage loads handled digitally in Q1 2024.

How has RXO's brokerage business performed under Drew Wilkerson?

RXO's brokerage business experienced four consecutive quarters of double-digit volume growth and achieved industry-leading gross margins under Drew Wilkerson's leadership.

What other accolades has Drew Wilkerson received besides the Most Admired CEO list?

Besides the Most Admired CEO list, Drew Wilkerson was also included in CBJ's 2023 40 Under 40 and Business North Carolina's Power List.