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XPO Taps Karlis Kirsis as Chief Legal Officer of GXO Logistics
July 23,
2021 by Laurie Northington in Business Strategy, Industry
Transportation powerhouse XPO Logistics (NYSE: XPO) has announced that Karlis Kirsis has been appointed chief legal officer for GXO Logistics, Inc., the intended spin-off of XPO’s logistics business.
Kirsis currently serves as senior vice president, European chief legal officer for XPO Logistics Europe. He will be responsible for GXO’s legal and compliance functions, including corporate governance, litigation and commercial matters.
Kirsis joined XPO in 2016 as vice president, corporate and securities counsel, and subsequently served as senior vice president, corporate counsel. Previously, he spent 10 years as a senior corporate associate in New York and London for Skadden, Arps, Slate, Meagher & Flom LLP, where he executed global M&A and corporate finance transactions. He holds a juris doctorate from New York University School of Law and a bachelor’s degree from Amherst College.
Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Karlis’s extensive experience in world-class corporate and legal environments, and the supply chain industry in particular, will be significant assets to GXO. He will help align the company’s legal functions with its strategic, game-changing goals.”
As previously announced, XPO expects to spin off its logistics business as a separate, publicly traded company on August 2, 2021. As the largest pure-play contract logistics provider in the world, GXO will be well-positioned to capitalize on the big three secular tailwinds of e-commerce growth, customer demand for logistics automation and the burgeoning trend toward supply chain outsourcing. The business currently includes approximately 885 logistics locations in 27 countries.