XPO, Inc. Reports Director and Officer Changes
Ticker: XPO · Form: 8-K · Filed: 2024-06-07T00:00:00.000Z
Sentiment: neutral
Topics: management-change, corporate-governance
Related Tickers: XPO
TL;DR
XPO board shakeup effective June 3rd, new officers appointed.
AI Summary
XPO, Inc. filed an 8-K on June 7, 2024, reporting changes effective June 3, 2024. These changes include the departure of directors or certain officers, the election of new directors, and the appointment of certain officers, along with updates to compensatory arrangements for specific officers. The filing also notes the company's former name was XPO Logistics, Inc.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in directorship and officer appointments can indicate internal shifts that may impact future performance or strategy.
Key Players & Entities
- XPO, Inc. (company) — Registrant
- XPO Logistics, Inc. (company) — Former Company Name
- June 3, 2024 (date) — Effective date of reported changes
- June 7, 2024 (date) — Filing date of the 8-K
FAQ
What specific changes were made regarding directors and officers?
The filing indicates the departure of certain directors or officers, the election of new directors, and the appointment of certain officers, effective June 3, 2024.
Are there any updates to executive compensation arrangements?
Yes, the filing mentions changes related to the compensatory arrangements of certain officers.
When did these changes become effective?
The changes reported in this 8-K became effective on June 3, 2024.
What was XPO, Inc.'s former name?
XPO, Inc.'s former name was XPO Logistics, Inc.
What is the primary business of XPO, Inc. according to the filing?
XPO, Inc. is in the Transportation Services industry, with a Standard Industrial Classification code of 4700.
Filing Stats: 414 words · 2 min read · ~1 pages · Grade level 11.8 · Accepted 2024-06-07 06:05:24
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share XPO New York Stock Exchan
Filing Documents
- tm2416334d1_8k.htm (8-K) — 23KB
- 0001104659-24-069234.txt ( ) — 190KB
- xpo-20240603.xsd (EX-101.SCH) — 3KB
- xpo-20240603_lab.xml (EX-101.LAB) — 33KB
- xpo-20240603_pre.xml (EX-101.PRE) — 22KB
- tm2416334d1_8k_htm.xml (XML) — 3KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 3, 2024 XPO, INC. (Exact name of registrant as specified in its charter) Delaware 001-32172 03-0450326 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) Five American Lane , Greenwich , Connecticut 06831 (Address of principal executive offices) ( 855 ) 976-6951 ( Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common stock, par value $0.001 per share XPO New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth companyas defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On June 3, 2024, Jason Aiken notified XPO, Inc. (the "Company") of his resignation from the Board of Directors (the "Board") of the Company effective as of June 6, 2024. Effective as of June 6, 2024, the Board reduced the size of the Board from nine to eight directors. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 7, 2024 XPO, INC. By: /s/ Wendy Cassity Wendy Cassity Chief Legal Officer and Corporate Secretary