XPO Logistics Appoints Alex Santoro Chief Commercial Officer

Rhea-AI Summary

XPO Logistics, Inc. (NYSE: XPO) has appointed Alex Santoro as chief commercial officer, effective immediately. This role expands his responsibilities, focusing on aligning growth with long-term value creation. Chairman Bradley Jacobs praised Santoro's commercial instincts and understanding of supply chain customer relationships. Santoro brings over two decades of executive experience from industry leaders like Restaurant Brands International and has held various leadership roles in Latin America.

Positive

• Appointment of Alex Santoro as chief commercial officer is expected to enhance strategic growth.
• Santoro's background and experience in supply chain operations may lead to improved customer relationships.

Negative

• Concerns over leadership continuity as Santoro is relatively new to XPO Logistics, having joined earlier this year.

GREENWICH, Conn., Oct. 21, 2020 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of transportation and logistics solutions, today announced that Alex Santoro has been appointed chief commercial officer, effective immediately, in addition to serving as executive vice president, operations. His expanded role includes the leadership of XPO’s go-to-market activities, with a focus on aligning growth with long-term value creation.

Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “Alex has the commercial instincts of a world-class CCO. He has immersed himself in our operations and, importantly, he understands the critical nature of supply chain customer relationships. I’m excited to see Alex apply his talents to the significant growth opportunities we have at hand.”

Santoro joined the company earlier this year. He has two decades of executive experience with industry leaders, including Restaurant Brands International (RBI), parent company of Burger King, Tim Hortons and Popeyes. Prior to joining XPO, he was chief supply chain and operations officer for RBI, and most recently served as global president of Popeyes.

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 (ALL), 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.
Joe Checkler
+1 203-423-2098
joe.checkler@xpo.com

FAQ

What is the significance of Alex Santoro's appointment as chief commercial officer at XPO?

Alex Santoro's appointment is significant as it emphasizes XPO's strategy to enhance growth and value creation through experienced leadership in commercial operations.

How does Alex Santoro's background benefit XPO Logistics?

Santoro's extensive experience in supply chain and operations management at major companies is expected to strengthen XPO's commercial strategy and customer relationships.

What are the potential impacts of Santoro's leadership on XPO's growth?

Santoro's leadership may drive XPO's growth by leveraging his expertise in aligning operational capabilities with market opportunities.