Leadership Restructuring at XPO: Mario Harik Takes the Helm as Executive Chairman

DegenApeSurfer · 2025-12-26T03:16:48+00:00

XPO, Inc. announced a leadership restructuring, with Mario Harik becoming Chairman while Brad Jacobs steps down as Executive Chairman but remains a Special Advisor until June 2026. This move aims to streamline operations and enhance governance.

DegenApeSurfer

2025-12-26 03:16:48

Abstract generation in progress

XPO, Inc., a transportation and logistics firm operating across North America, unveiled a major executive reshuffle on Monday. The company disclosed that Brad Jacobs will relinquish his position as Executive Chairman at the close of business on December 31. In a move designed to streamline leadership, Mario Harik—who has served as Chief Executive Officer since 2022—will expand his responsibilities by taking on the additional role of Chairman.

Strategic Continuity and Leadership Transition

The restructuring comes as part of a broader initiative to maintain strategic alignment and foster sustained value creation across the organization. Harik’s ascension to the chairman position combines executive decision-making authority under one leader, a move intended to strengthen governance and operational efficiency. Prior to his tenure as CEO, Harik held several influential positions within XPO, including stints as Chief Information Officer, Chief Customer Officer, and President of the Less-Than-Truckload (LTL) division, demonstrating deep institutional knowledge of the company’s operations.

What Happens to Brad Jacobs

Rather than a complete departure, Jacobs will transition into a Special Advisor capacity, remaining engaged with XPO through June 30, 2026. This arrangement allows the company to retain access to his strategic expertise during the leadership transition while enabling a phased handoff of responsibilities.

Market Response

Following the announcement, XPO shares reflected modest volatility in pre-market trading, declining 0.71% to $148 per share on the New York Stock Exchange, suggesting measured investor sentiment regarding the leadership transition.

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