XPO Logistics Announces Carl Anderson as Incoming Chief Financial Officer
XPO Logistics, Inc. has appointed Carl Anderson as their new chief financial officer, effective November 8, 2022. He succeeds Ravi Tulsyan, who will assist in the transition. Anderson brings over 25 years of experience in the transportation sector, previously serving as CFO of Meritor, Inc. CEO Brad Jacobs highlighted Anderson's valuable experience in B2B finance and the commercial vehicle sector, which aligns with XPO's operations. Tulsyan played a critical role during the transition to GXO and RXO.
- Appointment of Carl Anderson as CFO, expected to bring valuable expertise.
- Strong operational background with a focus on B2B finance.
- Anderson's experience in the commercial vehicle sector aligns with XPO's operations.
- Departure of Ravi Tulsyan may lead to transitional challenges.
GREENWICH, Conn. , Oct. 10, 2022 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO) today announced the appointment of Carl Anderson as chief financial officer, effective November 8, 2022. Anderson will replace Ravi Tulsyan, who will leave the company after assisting with the CFO transition.
Anderson most recently served as chief financial officer of Meritor, Inc., a global supplier of OEM and aftermarket parts for commercial vehicle and industrial markets. His 25-year career in transportation includes earlier positions with Meritor, a Cummins company, including group vice president, finance; treasurer; and director, international capital markets, market risk management and corporate insurance. Earlier, with General Motors Acceptance Corporation, he served as senior manager, structured finance; and senior financial analyst for the financial planning group. Anderson began his career as a senior financial analyst with First Chicago Corporation. He has a master’s degree in business administration from Wayne State University, and a bachelor’s degree in economics from Michigan State University.
Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Carl is a strong B2B finance leader with an operational orientation and a long track record of delivering on goals. His broad executive experience in the commercial vehicle sector is valuable context for his role at XPO, where we have one of the largest LTL fleets in North America.”
Jacobs continued, “Ravi has made many vital contributions to XPO’s success over the last six years. He was instrumental to our GXO spin-off in 2021, and more recently led our finance organization through the RXO spin-off process and the sale of intermodal. We wish Ravi every success, and we’re pleased that he’ll be available to Carl after the separation to support a seamless transition.”
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a leading provider of freight transportation services, primarily less-than-truckload (LTL) and truck brokerage. XPO uses its proprietary technology, including the cutting-edge XPO Connect® automated freight marketplace, to move goods efficiently through supply chains. The company’s global network serves 50,000 shippers with approximately 749 locations and 43,000 employees, and is headquartered in Greenwich, Conn., USA. Visit xpo.com and europe.xpo.com for more information, and connect with XPO on Facebook, Twitter, LinkedIn, Instagram and YouTube.
Investor Contact
Tavio Headley
+1-203-413-4006
tavio.headley@xpo.com
Media Contact
Karina Frayter
+1-203-484-8303
karina.frayter@xpo.com
FAQ
Who is the new CFO of XPO Logistics?
When will Carl Anderson officially start at XPO?
What was Ravi Tulsyan's role at XPO before his departure?
