XPO Logistics Announces Two Senior Executive Appointments

Rhea-AI Summary

XPO Logistics has appointed Eduardo Pelleissone as Chief Transformation Officer and Alex Santoro as Executive Vice President of Operations, effective August 3, 2020. Pelleissone brings 20 years of experience in logistics and operations, with a history of significant cost savings at Kraft Heinz. Santoro, with two decades in supply chain management, previously led Popeyes to rapid growth and doubled EBITDA. CEO Bradley Jacobs emphasized their talent and experience in enhancing profit improvement initiatives.

Positive

• Eduardo Pelleissone brings a strong track record, having saved approximately $3 billion in costs at Kraft Heinz.
• Alex Santoro previously doubled EBITDA at Popeyes, showcasing his operational effectiveness.
• New appointments aim to enhance profit improvement initiatives.

Negative

• None.

Eduardo Pelleissone Named Chief Transformation Officer

Alex Santoro Named Executive Vice President, Operations

GREENWICH, Conn., July 30, 2020 (GLOBE NEWSWIRE) --  XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced the appointments of Eduardo Pelleissone as chief transformation officer and Alex Santoro as executive vice president, operations. The positions are effective August 3, 2020.

Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “Eduardo and Alex are rare, talented operators who will work with our business leaders to turbocharge our profit improvement initiatives. Both have deep C-suite experience and track records of creating substantial value for multinational public companies. Their considerable strengths complement our constant drive for improvement.”

Eduardo Pelleissone joins XPO with 20 years of experience leading multinational operations in the food, logistics and transportation industries. He was most recently with Kraft Heinz Company and its predecessor H.J. Heinz for six years, where he led key strategic projects and served as executive vice president of global operations. While with Kraft Heinz, Pelleissone transformed the company’s global infrastructure, quality initiatives and financial performance, saving approximately $3 billion in costs while improving operational excellence.

Prior to Kraft Heinz, Pelleissone held executive roles with America Latina Logistica SA (ALL) during 14 years with the rail logistics leader. His positions with ALL included chief executive officer, chief operating officer and commercial vice president of the agriculture division, as well as chairmanships of two ALL subsidiaries: cargo services provider Brado Logistica and road transportation provider Ritmo Logistica. Pelleissone holds a master’s degree in logistics, operations and services from COPPEAD Graduate School of Business in Brazil, and has completed the executive program of the Stanford Graduate School of Business.

Alex Santoro has two decades of executive experience with industry leaders, including Restaurant Brands International, Inc. (RBI), parent company of Burger King, Tim Hortons and Popeyes. Santoro served as chief supply chain and operations officer for RBI, and most recently was president of Popeyes – a flagship subsidiary of RBI and majority owner 3G Capital. While with Popeyes, he led the company to become one of the fastest-growing quick service restaurant brands in the world and doubled EBITDA in three years as one of the architects of its hugely successful chicken sandwich.

Earlier, Santoro held executive positions in Latin America for 17 years, including chief executive officer, president and vice president of logistics for America Latina Logistica, senior operations manager for Danone, and finance and distribution manager for Anheuser-Busch InBev. He has a bachelor’s degree in computer science from Faculdades Salvador in Brazil, and has completed advanced management programs at the Wharton School and the MIT Sloan School of Management.

About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a highly integrated network of people, technology and physical assets in 30 countries, with 1,506 locations and approximately 96,000 employees. XPO uses its network to help more than 50,000 customers manage their goods most efficiently throughout their supply chains. XPO's corporate headquarters are in Greenwich, Conn., USA, and its European headquarters are in Lyon, France. xpo.com

Investor Contact

XPO Logistics, Inc.
Tavio Headley
+1-203-413-4006
tavio.headley@xpo.com

Media Contact
XPO Logistics, Inc.
Erin Kurtz
+1-203-489-1586
erin.kurtz@xpo.com

FAQ

Who has been appointed Chief Transformation Officer at XPO?

Eduardo Pelleissone has been appointed Chief Transformation Officer at XPO Logistics.

When did the new executive appointments at XPO Logistics take effect?

The new executive appointments at XPO Logistics took effect on August 3, 2020.

What experience does Alex Santoro have in operations at XPO?

Alex Santoro has two decades of executive experience, including significant roles at Restaurant Brands International and Popeyes.

What is Eduardo Pelleissone's background in logistics?

Eduardo Pelleissone has 20 years of experience leading multinational operations in logistics, including a major role at Kraft Heinz.

How does XPO Logistics plan to improve profits with the new appointments?

XPO Logistics aims to enhance profit improvement initiatives through the expertise of Pelleissone and Santoro.