XPO appoints compliance officer to lead logistics spin-off
XPO Logistics (CCJ Top 250, No. 6) has appointed Meagan Fitzsimmons to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business. Fitzsimmons currently serves as XPO’s chief compliance officer for the logistics segment. She will be responsible for GXO’s global ethics and compliance infrastructure when the planned spin-off is complete.
Fitzsimmons has 14 years of senior experience with premier global corporations and law firms. Prior to XPO, she served as chief compliance officer and assistant general counsel for Revlon, Inc., and as senior compliance counsel with the Colgate-Palmolive Company. Earlier, she was an attorney with Paul, Weiss, Rifkind, Wharton & Garrison LLP, and with Williams & Connolly LLP. She holds a juris doctorate degree from Georgetown University Law Center and a bachelor of arts degree from Northwestern University.
As previously announced, XPO expects to spin off its logistics business as a separate, publicly traded company in the third quarter of 2021. As the second largest contract logistics provider in the world, GXO will be well-positioned to capitalize on the big three secular tailwinds of e-commerce growth, customer demand for logistics automation and the burgeoning trend toward supply chain outsourcing. The business currently includes approximately 885 logistics locations in 27 countries.
Former Coyote executive joins Flock Freight
Chris Pickett has joined trucking technology startup Flock Freight as its chief strategy officer. Pickett brings more that 14 years experience from Coyote Logistics to the shared-truckload freight matching platform.
“As I have gotten to know the Flock Freight team, I’ve been blown away by the technology solution they have brought to market, the talent they have assembled across every corner of the organization, and the mission that aligns it all. I know how difficult it is to execute shared truckload at scale – both mathematically and operationally, and Flock Freight has solved it, period,” said Pickett, chief strategy officer at Flock Freight. “The tech not only works, but it works better and better every day. I couldn’t be more fired up about this team and this opportunity to help create a more sustainable and more efficient transportation ecosystem for everyone.”