In a significant shift within its leadership, XPO, Inc. (NYSE: XPO) has announced that Brad Jacobs will step down as Executive Chairman of the Board, effective December 31, 2025. Jacobs, who has been at the helm of the company since 2011, will transition to the role of Special Advisor to the Company until June 30, 2026. This change comes as XPO continues to solidify its strategic direction and commitment to long-term value creation for its stakeholders.

1. Leadership Continuity with Mario Harik

In a move that underscores the company's focus on continuity and strategic alignment, Mario Harik will take on the role of Chairman of the Board while maintaining his position as CEO, a role he has held since 2022. Harik’s appointment to the chairman position reflects the trust and confidence that the board has in his leadership abilities, particularly as XPO navigates the complexities of the logistics and transportation sector.

Jacobs expressed his gratitude for his time leading XPO, stating, "Leading XPO since 2011 has been one of the greatest privileges of my career." He highlighted Harik’s impressive track record within the company, noting that he was one of his first hires and has excelled in various roles, including Chief Information Officer and Chief Customer Officer.

2. A Legacy of Leadership

Jacobs emphasized the importance of a strong leadership foundation for the company’s future success. "The company is in very capable hands," he remarked, looking forward to supporting its continued success as an advisor. His tenure has been marked by significant growth and innovation, establishing XPO as a leader in the North American freight transportation sector.

Mario Harik reciprocated Jacobs’ sentiments, acknowledging him as an "exceptional partner and mentor." Harik credited Jacobs with creating the strong foundation upon which the company continues to build. "I’m honored to carry forward our shared mission as Chairman and CEO," he said, indicating his commitment to furthering the company’s strategic objectives.

3. Company Overview

XPO, Inc. is a prominent player in asset-based less-than-truckload (LTL) freight transportation across North America. The company efficiently moves 17 billion pounds of freight annually, leveraging its proprietary technology to serve a diverse clientele of 55,000 customers. With a robust operational footprint that includes 605 locations and a dedicated workforce of 38,000 employees across North America and Europe, XPO is well-positioned for sustained growth in the logistics industry. The company is headquartered in Greenwich, Connecticut, USA.

4. Conclusion

The transition of leadership from Brad Jacobs to Mario Harik marks a pivotal moment for XPO, Inc. As Jacobs steps back from his executive role, his continued involvement as a Special Advisor will likely provide a bridge for ongoing strategic initiatives. Under Harik's leadership, XPO is poised to continue its trajectory of growth and innovation in the competitive logistics market. Stakeholders will be watching closely to see how this transition unfolds and what new strategies Harik will implement to drive the company forward.

Original press release