secwatch.observer — SEC 8-K summary
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Issuer:     GXO Logistics, Inc. (GXO)
CIK:        0001852244
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001104659-25-060942
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GXO appoints Patrick Kelleher as CEO effective August 19, 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852244/000110465925060942/0001104659-25-060942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852244/000110465925060942/tm2518398d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-060942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer