secwatch.observer — SEC 8-K summary
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Issuer:     XPO, Inc. (XPO)
CIK:        0001166003
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001104659-23-082348
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPO appoints Kyle Wismans as CFO effective Aug 11; Carl Anderson steps down
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- Kyle Wismans, 39, promoted from SVP revenue management and finance to CFO, effective August 11, 2023.
- Wismans receives $550K base salary, target bonus of 100% of base, and $1.3M annual LTI target.
- Promotion equity awards: $250K time-based RSU and $250K target performance-based PSU (max 200%) with 4-year vesting.
- Carl Anderson notified departure on July 13, 2023, stepping down to rejoin former colleague in prior industry.
- Severance for Wismans includes 12 months' base/target bonus without cause; 24 months post-change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166003/000110465923082348/0001104659-23-082348-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166003/000110465923082348/tm2321589d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082348

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