Xpo logistics announces mark manduca as chief investment officer for gxo logistics spin-off

Greenwich, conn., april 19, 2021 (globe newswire) --  xpo logistics, inc. (nyse: xpo) today announced that mark manduca will become the chief investment officer of gxo logistics, inc., the intended spin-off of xpo's logistics business. manduca has joined xpo as chief investment officer of the logistics segment, effective in may. he will be responsible for analysis of gxo's growth opportunities, optimization of the company's asset portfolio and oversight of its uk pension investments. alongside these responsibilities, he will play a key role in ensuring that gxo's investment case reaches a global audience.
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