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XPO Announces Chief Accounting Officer of RXO Spinoff
October 16,
2022 by HFBusiness Staff in Business Strategy, Industry
XPO Logistics, Inc., provider of freight transportation services, announced that Jason Kerr will become chief accounting officer of RXO, the planned spin-off of XPO’s brokered transportation platform.
Kerr has joined XPO as chief accounting officer for the North American transportation division, effective immediately. He reports to Jamie Harris, who, as previously announced, will be chief financial officer of RXO, and currently serves as chief financial officer, North American transportation.
Harris said, “Jason has a history of helping to bolster shareholder value by collaborating with functional leaders. He also brings deep analytical capabilities to our team. We have a robust finance organization in place to support RXO in unlocking its full potential as an independent brokered transportation leader.”
Kerr has more than two decades of experience in public company accounting, most recently as chief accounting officer of BWX Technologies, Inc. During 12 years with BWXT, The Babcock & Wilcox Company, he led accounting, reporting and compliance functions and was instrumental in the company’s 2015 spin-off.
Earlier, he served as a senior manager with Deloitte & Touche LLP, and as a senior auditor with Arthur Andersen LLP. He holds a master’s degree and a bachelor’s degree in accounting from the College of Charleston in South Carolina and is a certified public accountant.
Drew Wilkerson, incoming chief executive officer of RXO, and current XPO president, North American transportation, said, “RXO will spin off as a standalone public company on Nov. 1 with a strong C-suite in place.”
Wilkerson continued, “Our brokerage platform has a long track record of industry leadership as part of XPO, and now we’re positioned to create significantly more value for our customers, employees and shareholders.”