GXO Logistics CEO Malcolm Wilson to retire next year
GXO Logistics has announced that its chief executive officer, Malcolm Wilson, has informed the board ...
By Alex Lennane
An activist investor who had demanded that Panalpina remove its chairman, Peter Ulber, appears to have won the battle.
The Swiss forwarder has announced that Mr Ulber will not stand for re-election at the next AGM, on 9 May.
The company said its Compensation and Nomination Committee would conduct “a thorough and expeditious search process for a new independent chairman”.
Mr Ulber has been at Panalpina since 2013, when he was appointed president and CEO. He became chairman in 2016. Prior to that he ...
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