XPO Management

Management criteria checks 0/4

XPO's CEO is Mario Harik, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is $12.39M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $15.84M. The average tenure of the management team and the board of directors is 1.5 years and 2.8 years respectively.

Key information

Mario Harik

Chief executive officer

US$12.4m

Total compensation

CEO salary percentage	6.9%
CEO tenure	1.5yrs
CEO ownership	0.1%
Management average tenure	1.5yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mario Harik's remuneration changed compared to XPO's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$242m
Dec 31 2023	US$12m	US$850k	US$192m
Sep 30 2023	n/a	n/a	US$98m
Jun 30 2023	n/a	n/a	US$104m
Mar 31 2023	n/a	n/a	US$169m
Dec 31 2022	US$9m	US$558k	US$184m
Sep 30 2022	n/a	n/a	US$119m
Jun 30 2022	n/a	n/a	US$48m
Mar 31 2022	n/a	n/a	US$65m
Dec 31 2021	US$6m	US$500k	US$96m
Sep 30 2021	n/a	n/a	US$234m
Jun 30 2021	n/a	n/a	US$241m
Mar 31 2021	n/a	n/a	US$1m
Dec 31 2020	US$5m	US$500k	-US$138m
Sep 30 2020	n/a	n/a	US$19m
Jun 30 2020	n/a	n/a	US$108m
Mar 31 2020	n/a	n/a	US$357m
Dec 31 2019	US$2m	US$468k	US$201m
Sep 30 2019	n/a	n/a	US$366m
Jun 30 2019	n/a	n/a	US$350m
Mar 31 2019	n/a	n/a	US$366m
Dec 31 2018	US$2m	US$425k	US$390m
Sep 30 2018	n/a	n/a	US$494m
Jun 30 2018	n/a	n/a	US$450m
Mar 31 2018	n/a	n/a	US$360m
Dec 31 2017	US$924k	US$425k	US$312m

Compensation vs Market: Mario's total compensation ($USD12.39M) is above average for companies of similar size in the UK market ($USD5.61M).

Compensation vs Earnings: Mario's compensation has increased by more than 20% in the past year.

CEO

Mario Harik (42 yo)

1.5yrs

Tenure

US$12,387,611

Compensation

Mr. Mario A. Harik serves as Chief Executive Officer and Director at XPO Logistics, Inc since November 01, 2022. He served as President of Less Than Truckload at XPO Logistics, Inc. since August 05, 2022 u...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mario Harik	CEO & Director	1.5yrs	US$12.39m	0.12% $ 15.8m
Kyle Wismans	Chief Financial Officer	less than a year	US$3.72m	0.025% $ 3.3m
Dave Bates	Chief Operating Officer	1.1yrs	US$16.20m	0.0020% $ 264.5k
Wendy Cassity	Chief Legal Officer & Corporate Secretary	1.2yrs	US$3.18m	0.0041% $ 538.1k
Bradley Jacobs	Executive Chairman	12.7yrs	US$46.99m	0.36% $ 46.8m
Christopher Brown	Chief Accounting Officer	2.3yrs	no data	0.023% $ 3.0m
Jay Silberkleit	Chief Information Officer	1.5yrs	no data	no data
Michael Abrahams	Chief Communications Officer	1.3yrs	no data	no data
Anthony Hoereth	Senior Vice President of Sales	no data	no data	no data
Carolyn Roach	Chief Human Resources Officer	1.3yrs	no data	no data
Luis-Angel Izaguirre	President of Transport – Europe	8.9yrs	no data	no data
Bill Fraine	Chief Commercial Officer of GXO Logistics	3.3yrs	no data	no data

1.5yrs

Average Tenure

48yo

Average Age

Experienced Management: 0M1O's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mario Harik	CEO & Director	1.5yrs	US$12.39m	0.12% $ 15.8m
Bradley Jacobs	Executive Chairman	12.7yrs	US$46.99m	0.36% $ 46.8m
J. Frye	Independent Director	1.2yrs	US$230.98k	0.0064% $ 837.9k
Michael Jesselson	Independent Director	12.7yrs	US$290.86k	0.25% $ 33.3m
Johnny Taylor	Lead Independent Director	2.8yrs	US$294.14k	0.0055% $ 720.1k
Irene Moshouris	Independent Director	1.5yrs	US$270.00k	0.0055% $ 718.8k
Allison Landry	Independent Vice Chair	2.8yrs	US$277.46k	0.0076% $ 995.0k
Jason Aiken	Independent Director	2.8yrs	US$295.00k	0.0055% $ 720.1k
Bella Allaire	Independent Director	1.5yrs	US$45.01k	0.0055% $ 718.8k

2.8yrs

Average Tenure

62yo

Average Age

Experienced Board: 0M1O's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

XPO Management

Management criteria checks 0/4

Key information

Recent management updates

XPO, Inc., Annual General Meeting, May 16, 2024

XPO, Inc. Announces Chief Financial Officer Changes

Independent Director recently bought US$54k worth of stock

Xpo, Inc. Appoints Ali Faghri as Chief Strategy Officer

High number of new directors

High number of new directors

Recent updates

First quarter 2024 earnings released: EPS: US$0.58 (vs US$0.15 in 1Q 2023)

XPO, Inc. to Report Q1, 2024 Results on May 03, 2024

XPO, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$1.66 (vs US$1.60 in FY 2022)

XPO, Inc. (NYSE:XPO) completed the acquisition of 28 service centers from Yellow Corporation (OTCPK:YELL.Q) for approximately $870 million.

Third quarter 2023 earnings released: EPS: US$0.74 (vs US$1.14 in 3Q 2022)

XPO, Inc. to Report Q3, 2023 Results on Oct 30, 2023

New minor risk - Share price stability

Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.83 in 2Q 2022)

XPO, Inc. Announces Chief Financial Officer Changes

Investor sentiment improves as stock rises 15%

XPO, Inc. to Report Q2, 2023 Results on Aug 04, 2023

XPO, Inc. to Report Q2, 2023 Results on Aug 04, 2023

First quarter 2023 earnings released: EPS: US$0.15 (vs US$4.25 in 1Q 2022)

Investor sentiment improves as stock rises 24%

Independent Director recently bought US$54k worth of stock

Now 24% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$1.60 (vs US$2.88 in FY 2021)

XPO, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2022

Investor sentiment improves as stock rises 17%

Xpo, Inc. Appoints Ali Faghri as Chief Strategy Officer

High number of new directors

XPO, Inc. to Report Q4, 2022 Results on Feb 08, 2023

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Now 42% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: US$1.14 (vs US$0.18 in 3Q 2021)

XPO Logistics, Inc. Provides Earnings Guidance for the Third Quarter of 2022

XPO Logistics, Inc. Announces Jason Kerr as Chief Accounting Officer for RXO Spin-Off

XPO Logistics Announces Board Changes

XPO Logistics, Inc. to Report Q3, 2022 Results on Oct 31, 2022

Investor sentiment improved over the past week

XPO Logistics, Inc. Appoints Heidi Ratti as Chief Human Resources Officer for RXO Spin-Off

XPO Logistics Announces Board of Directors for Planned RXO Spin-Off

Investor sentiment deteriorated over the past week

XPO Logistics, Inc. Appoints Jared Weisfeld as Chief Strategy Officer

Bradley S. Jacobs Ceases to Serve as XPO Logistics, Inc.’s Chief Executive Officer

XPO Logistics, Inc. Announces Executive Changes

Xpo Logistics Announces Jamie Harris as Chief Financial Officer for Rxo Spin-Off

XPO Logistics, Inc. Appoints Jeff Firestone as Chief Legal Officer for RXO Spin-Off

Now 22% undervalued

Xpo Logistics, Inc. Appoints Nina Reinhardt as Chief Communications Officer for Rxo Spin-Off

XPO Logistics, Inc. Announces That Mario Harik Joins Board of Directors

Second quarter 2022 earnings released

Now 22% undervalued

XPO Logistics, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Investor sentiment deteriorated over the past week

XPO Logistics, Inc. Appoints Yoav Amiel as Chief Information Officer for Spin-Off

XPO Logistics, Inc. Appoints Drew Wilkerson as Chief Executive Officer for Spin-Off

First quarter 2022 earnings released: EPS: US$4.25 (vs US$1.09 in 1Q 2021)

XPO Logistics, Inc. Announces Drew Wilkerson as Chief Executive Officer for Spin-Off

XPO Logistics, Inc. Introduces “Ship Net-Zero” with Truck Brokerage

XPO Logistics, Inc., Annual General Meeting, May 18, 2022

Xpo Logistics, Inc. Appoints David Phalen as Senior Vice President, Pricing, for North American Less-Than-Truckload Business

XPO Logistics, Inc. to Report Q1, 2022 Results on May 09, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

XPO Logistics, Inc. Announces Executive Changes

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

XPO Logistics, Inc. Announces Second Annual Shoe Drive to Support Soles4souls

Third quarter 2021 earnings released: EPS US$0.19 (vs US$0.92 in 3Q 2020)

High number of new directors

Investor sentiment deteriorated over the past week

Independent Director Marlene Colucci has left the company

Independent Director Jason Papastavrou has left the company

Independent Director Gena Ashe has left the company

Second quarter 2021 earnings released: EPS US$1.39 (vs US$1.34 loss in 2Q 2020)

XPO Logistics, Inc. has completed a Follow-on Equity Offering in the amount of $690 million.