XPO adds Michael Kneeland to its board of directors

XPO (NYSE: XPO) announced that Michael Kneeland has joined its board of directors, effective immediately, expanding the board to eight members, seven of whom are independent.

Kneeland currently serves as non-executive chairman of United Rentals, chairman of Gildan Activewear, and as a director of GXO Logistics, an XPO spin-off. He joined United Rentals in 1998 and served as its chief executive officer from 2007 to 2019, including 10 concurrent years as president, before becoming chairman upon his retirement in 2019.

Mario Harik, chairman and chief executive officer of XPO, said, "Michael is an outstanding addition to our board. Throughout his career, he and his teams have created more than $60 billion in shareholder value through operational excellence, disciplined capital allocation and strategic governance."

XPO is a less-than-truckload freight transportation company headquartered in Greenwich, Conn., serving 55,000 customers across 594 locations with 37,000 employees in North America and Europe.

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