leadership
confidence high
sentiment positive
materiality 0.75
GXO appoints Patrick Kelleher as CEO effective August 19, 2025
GXO Logistics, Inc.
- Kelleher, former CEO North America of DHL Supply Chain, brings 33 years of supply chain experience.
- Base salary of $700,000 with target annual bonus of 160% of base salary; $250,000 sign-on bonus.
- Sign-on equity awards: $1.25M RSU (3-year vest) and $3.4M PSU (3-year performance-based, 0-225% payout).
- 2026 annual LTI grant target value no less than $3.4M; relocation required to Greenwich, CT by Dec 31, 2025.
- Kelleher succeeds Malcolm Wilson, who is retiring.
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