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Stock impact report

GXO Announces Brad Jacobs Will Step Down as Non-Executive Chairman

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
Seasoned Executive Patrick Byrne to Become Non-Executive Chairman GREENWICH, Conn., Dec. 15, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced that Brad Jacobs will step down as Non-Executive Chairman of the Board, effective December 31, 2025. Patrick Byrne will assume the role of Non-Executive Chairman at that time. The chairman transition follows a period of significant transformation at GXO, including the appointment of CEO Patrick Kelleher, several additional senior leadership hires, the appointment of seven new, independent board members and regulatory approval of GXO’s acquisition of Wincanton. Jacobs said, “When we completed the GXO spin-off, I committed to staying on for three years as Chairman. More than four years later, the company is stronger than ever, and the leadership team is well-positioned to drive GXO’s next chapter of growth.” Byrne said, “Brad’s vision and leadership created Show less Read more
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