GXO Logistics CEO to Retire Next Year

Dow Jones

2024/12/04

By Dean Seal

The chief executive of GXO Logistics, Malcolm Wilson, plans to retire next year.

The logistics provider said Tuesday that Wilson has informed the board of his decision to retire as CEO in 2025. He will continue to lead the company while the board looks for a successor.

Wilson was named CEO in August 2021 and oversaw significant company growth and acquisitions.

"Our incoming CEO will inherit a best-in-class management team and strong industry positioning, while Malcolm will embark on a well-deserved retirement," Chairman Brad Jacobs said. "I fully support this decision and wish him all the best."

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

December 03, 2024 17:04 ET (22:04 GMT)

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He will continue to lead the company while the board looks for a successor. \n\n\n  Wilson was named CEO in August 2021 and oversaw significant company growth and acquisitions. \n\n\n  \"Our incoming CEO will inherit a best-in-class management team and strong industry positioning, while Malcolm will embark on a well-deserved retirement,\" Chairman Brad Jacobs said. \"I fully support this decision and wish him all the best.\" \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 03, 2024 17:04 ET (22:04 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}