leadership
confidence high
sentiment positive
materiality 0.50
XPO appoints Michael Kneeland, former United Rentals CEO, to board of directors
XPO, Inc.
- Michael Kneeland appointed to XPO board effective July 27, 2026; board expands to eight members, seven independent.
- Kneeland is non-executive chairman of United Rentals, led as CEO from 2007-2019, created over $60B in shareholder value.
- He also serves as chairman of Gildan Activewear and director of GXO Logistics.
- Kneeland will receive annual cash retainer of $80,000 and RSU grant of $190,000, prorated for initial term.
- Appointment aligns with XPO's commitment to operational excellence and shareholder returns.