Dive Brief:
- XPO Logistics named Carl Anderson as their incoming CFO, effective Nov. 8, according to a company release Monday. Anderson will replace outgoing CFO Ravi Tulsyan, who will leave the company after the transition process is complete, said the release.
- The appointment comes as the company’s board of directors also approved the planned separation of its freight brokerage business.The split, set to occur later this year, is a part of an ongoing plan to reorganize the operator’s business into three publicly-traded companies.
- B2B veteran Jamie Harris was named incoming CFO to the spin-off, RXO back in September.
Dive Insight:
Anderson is taking the financial helm of XPO after previously serving as CFO of Meritor, Inc., a global supplier of aftermarket parts for commercial vehicle and industrial markets. Prior to taking the CFO seat at the manufacturer, Anderson also served as its vice president and treasurer beginning in 2012.
The finance chief has been in the transportation sector for 25 years, including serving as senior manager, structured finance at General Motors Acceptance Corporation, according to his LinkedIn profile.
“Carl’s broad executive experience in the commercial vehicle sector is valuable context for his role at XPO, where we have one of the largest LTL fleets in North America,” said XPO CEO Brad Jacobs in a statement.
Staying true to their three letter brand, in March 2021, XPO Logistics spun off its contract logistics unit into GXO. More recently, the company announced the launch of RXO — its tech-enabled brokered transportation platform.
Harris, the incoming CFO for RXO, previously held the CFO seat at global manufacturer SPX technologies.
