President Troy Cooper leaves XPO Logistics effective Dec 27, 2021 by mutual agreement

XPO, Inc.

Cooper will receive payments and benefits due upon a termination without 'cause' per his employment agreement.
Noncompetition covenant extended from 3 to 4 years in exchange for cash equal to base salary, payable over 4th year.
Non-solicitation and non-hire covenants extended from 2 to 4 years for additional cash equal to base salary, payable over years 3 and 4.
Cooper to provide consulting services for 6 months post-separation for an aggregate fee of up to $275,000.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Troy A. Cooper

President

XPO · XPO, Inc.

Effective: 2021-12-27
Filed: January 3, 2022, 6:59 PM ET

President of the Company XPO Logistics, Inc. (the “Company”) and Troy A. Cooper, who currently serves as president of the Company, have mutually agreed that Mr. Cooper will separate from employment with the Company effective as of December 27, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Troy A. Cooper departed as President at XPO, Inc..

Action: separated from employment by mutual agreement
Role: President

Exact text from the filing

President of the Company XPO Logistics, Inc. (the “Company”) and Troy A. Cooper, who currently serves as president of the Company, have mutually agreed that Mr. Cooper will separate from employment with the Company effective as of December 27, 2021.

View on SEC.gov

XPO, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-000409

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.