XPO appoints financial head for brokerage spin-off RXO

XPO appoints financial head for brokerage spin-off RXO

XPO Logistics announced on Wednesday that it has appointed a CFO for its planned brokerage spin-off, RXO. The company said Jamie Harris will join XPO on September 26 as CFO of its North American transportation division, and will assume the position of chief finance officer at RXO once the separation is complete.

Harris brings 35 years of B2B experience to the platform, most recently as CFO and Treasurer of SPX Technologies (NYSE: SPX), an infrastructure equipment manufacturer and supplier. Harris’ previous roles have included CFO and interim CEO at Elevate Textiles and CFO at Coca-Cola’s (NYSE: KO) largest independent franchisee in the US, Coca-Cola Consolidated.

Harris will report to recently-appointed RXO CEO Drew Wilkerson, who is currently president of XPO’s (NYSE: XPO) North American transportation unit.

Photo: Jamie Harris. Source: XPO

XPO also announced on Wednesday that David Murray has joined XPO as VP of financial shared services, effective immediately. Murray will serve as RXO’s treasurer and will continue to lead the financial shared services once the spin-off is completed.

Murray was most recently with the automotive parts and systems supplier IAC Group as head of financial planning and analysis.

“In Jamie, we have an experienced CFO who will align our financial strategy with our rapid growth, while David adds the bank’s key strengths,” Wilkerson said. “Our RXO C-suite is now almost complete. I am very pleased with the strong leadership team we have created to bring our brokerage as a separate publicly traded company to the planned spin-off.”

In recent weeks, XPO has announced chief legal and chief communications officers for RXO.

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