XPO Logistics Appoints Ramon Genemaras as Chief Transformation Officer
GREENWICH, Conn. - May 18, 2016 - XPO Logistics, Inc. (NYSE: XPO) ("XPO") today announced that it has appointed Ramon Genemaras to the newly created position of chief transformation officer, effective immediately. Mr. Genemaras will lead the ongoing transformation of the company's global business processes with a P&L focus.
Mr. Genemaras has nearly three decades of senior experience in operations excellence, network optimization, strategic sourcing management and Lean Six Sigma with Fortune 500 companies. He has led the transformation of multi-billion dollar businesses through significant periods of change, including global integration.
Prior to XPO, Mr. Genemaras served as chief operating officer for a $4.5 billion division of Johnson Controls, Inc.; vice president-operational excellence for an $8 billion division of Tyco International; and senior vice president-global operations and supply chain for CHEP, a logistics company of the Brambles Group. Earlier, he spent 17 years with General Electric Company, including executive roles with GE Motors Manufacturing, GE Commercial Transformers and GE Industrial Solutions. He holds a degree in mechanical engineering from the University of Florida.
Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, "Ramon has an outstanding track record of building highly functioning, multi-billion dollar customer service networks in the industrial and logistics sectors. His appointment underscores the importance we place on our global synergies and our culture of continuous improvement. I'm delighted to welcome Ramon as a valuable addition to our global leadership team."
About XPO Logistics, Inc.
XPO Logistics, Inc. (NYSE: XPO) is a top ten global provider of cutting-edge supply chain solutions to the most successful companies in the world. The company provides services for truckload brokerage and transportation, last mile logistics, engineered supply chain solutions, high-value-add warehousing and distribution, ground and air expedite, less-than-truckload transportation, intermodal, drayage, managed transportation and global forwarding. XPO serves more than 50,000 customers with a highly integrated network of over 87,000 employees and 1,440 locations in 33 countries. XPO's corporate headquarters is in Greenwich, Conn., USA, and its European headquarters is in Lyon, France. www.xpo.com
Investor Contact:
XPO Logistics, Inc.
Tavio Headley, 1-203-930-1602
tavio.headley@xpo.com