UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Chief Accounting Officer of the Company
Effective as of February 28, 2022, Lance Robinson, Chief Accounting Officer of the Company, has elected to step down from his position for personal reasons, including to spend time with his family. Christopher Brown, current Deputy Chief Accounting Officer of the Company, will succeed Mr. Robinson as Chief Accounting Officer. Mr. Robinson has also agreed to provide consulting services to the Company through December 31, 2022.
Mr. Brown, age 48, has served as Vice President, Financial Reporting and Technical Accounting of the Company since 2017 and was promoted to Deputy Chief Accounting Officer in December 2021. As Deputy Chief Accounting Officer, Mr. Brown manages the team responsible for XPO’s periodic filings with the Securities and Exchange Commission, and also leads the technical accounting function for the Company. Prior to joining XPO, Mr. Brown served as vice president, internal audit of United Rentals, Inc. from 2014 to 2016, and as vice president, assistant controller of United Rentals, Inc. from 2006 to 2014. Previously, Mr. Brown held various roles at Xerox Corporation, including manager of the corporate finance/capital markets group in 2005, and manager, SEC reporting and technical accounting policy from 2002 to 2004. Mr. Brown has a Bachelor’s degree in Business Administration from Franklin & Marshall College and is a Certified Public Accountant in New York State.
As Chief Accounting Officer, Mr. Brown’s annual base salary will be $365,000, and he will have a target annual bonus opportunity of 75% of base salary.
Mr. Brown has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K, has no arrangement or understanding between him and any other person relating to his appointment as an officer required to be disclosed pursuant to Item 401(b) of Regulation S-K and has no family relationships required to be disclosed pursuant to Item 401(d) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: February 28, 2022 | XPO LOGISTICS, INC. | |
| By: | /s/ Ravi Tulsyan | |
| Ravi Tulsyan | ||
| Chief Financial Officer | ||