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AI brief of an SEC Form 8-K · GXO Logistics (GXO)

GXO names Patrick Kelleher CEO, effective August 19, 2025, succeeding Malcolm Wilson

Neutral Impact 4 of 5 leadership Written later

GXO Logistics said its board approved Patrick Kelleher as chief executive officer, effective August 19, 2025, succeeding Malcolm Wilson, who is retiring. Kelleher, a former DHL Supply Chain CEO for North America, will receive a $700,000 base salary, a 160% target annual bonus and sign-on equity awards, and must relocate to the Greenwich, Connecticut area by December 31, 2025.

Key points

  • Effective date: August 19, 2025; Kelleher succeeds Malcolm Wilson, who is retiring
  • Base salary of $700,000 and target annual bonus of 160% of base salary, with 2025 bonus guaranteed at least at target, prorated
  • Sign-on bonus of $250,000; sign-on equity of $1,250,000 in restricted stock units and $3,400,000 in performance-based restricted stock units
  • Minimum 2026 annual long-term incentive grant value of $3,400,000

The filing

CompanyGXO Logistics (GXO)
Form8-K, current report
Filed with the SECJun 20, 2025, 8:57 AM ET
Accession number0001104659-25-060942

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 20, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.