GXO Logistics appoints Patrick Kelleher as new CEO

GREENWICH, Conn. - GXO Logistics, Inc. (NYSE: GXO), a $4.89 billion market cap logistics provider with annual revenues exceeding $12 billion, has appointed Patrick Kelleher as its new chief executive officer, effective August 19, 2025, according to a company statement. InvestingPro data shows the company is currently trading slightly below its Fair Value, with analysts maintaining a bullish outlook.

Kelleher, who brings 33 years of global supply chain experience, will succeed Malcolm Wilson, who is retiring. Kelleher most recently served as CEO, North America at DHL Supply Chain, a division of Deutsche Post DHL Group. The leadership transition comes as GXO demonstrates strong revenue growth of 23.4% over the last twelve months.

During his career at DHL, Kelleher held various leadership positions, including global chief development officer and CEO, Americas for Williams Lea Tag when it operated under DHL’s ownership. He has experience across multiple sectors including consumer goods, healthcare, technology, ecommerce, and manufacturing.

Brad Jacobs, chairman of GXO’s board of directors, said Kelleher’s expertise in engineered solutions, automation, and contract logistics makes him "uniquely qualified" for the role.

At DHL, Kelleher oversaw four acquisitions in the past year and led the deployment of advanced robotics, including the Boston Dynamics Stretch Robot since 2023.

GXO describes itself as the world’s largest pure-play contract logistics provider, with more than 150,000 team members across over 1,000 facilities totaling more than 200 million square feet.

Kelleher will be based at GXO’s global headquarters in Greenwich, Connecticut.

In other recent news, GXO Logistics reported its first-quarter earnings for 2025, with an adjusted earnings per share (EPS) of $0.29, exceeding the consensus estimate of $0.25. The company has maintained its full-year guidance, reflecting confidence in its ongoing performance. Additionally, GXO Logistics has launched an enhanced logistics solution targeting midsize companies in the United States, integrating services from its recent acquisition of PFSweb. This new offering aims to provide comprehensive logistics and fulfillment services, including direct-to-consumer fulfillment and advanced technology solutions.

In corporate governance, GXO shareholders approved several key proposals at the 2025 Annual Meeting, including the election of board members and ratification of KPMG LLP as the company’s independent auditor. The company also expanded its Board of Directors by appointing five new members, each bringing diverse expertise to support GXO’s strategic growth.

On the analyst front, Oppenheimer maintained an Outperform rating with a $55 price target, citing GXO’s solid organic growth potential and strategic initiatives. Stifel analysts also kept a Buy rating with a $66 price target, highlighting the company’s strong performance and strategic growth opportunities in the healthcare sector. These developments reflect GXO Logistics’ strategic moves to enhance its service offerings and expand its market presence.

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