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XPO Logistics has appointed former Amazon executive Kenneth Wagers as its chief operating officer.
He replaces Troy Cooper, who has been promoted to the newly created position of president.
Mr Wagers was head of finance, worldwide transportation and logistics at Amazon for five years. Prior to that he was CFO for Link American Corp, leading the logistics and transport operations, and was VP finance for Dr Pepper Snapple. Between 2000 and 2007, he was director of finance, global transportation for UPS.
At UPS he oversaw the integration of Mail Boxes Etc, Fritz Companies, Overbite Corp and Menlo, gaining experience in mergers and acquisitions, clearly important for a company such as XPO.
CEO Brad Jacobs said: “Kenny’s … more than 20 years in global transportation and logistics — including e-commerce — give him the ideal skill set to deliver even more value to customers through our service offerings. He’s a big talent with a long history of accomplishments in our industry.”
And he paid tribute to Mr Cooper: “Troy has been a key member of my management teams for more than 20 years. He now has Kenny standing shoulder to shoulder with him as we continue to execute our strategy for high growth and high returns. I’m fortunate to have both of them by my side to lead our operations and help with the integration and optimisation of future acquisitions.”
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