GXO Logistics adds two independent directors, Patrick Byrne and Michael Kneeland, to its board
GXO Logistics appointed Patrick J. Byrne and Michael Kneeland as independent directors, effective immediately after the board expanded from nine to ten seats, and Jason Papastavrou resigned from the board. The filing says a new CEO is set to take over next month, and the board describes the changes as a board refresh.
Key points
- Byrne appointed July 29, 2025; board expanded from nine to ten directors
- Kneeland appointed July 30, 2025, following Papastavrou's resignation effective July 30, 2025
- Each non-employee director receives an $80,000 annual cash retainer and a $190,000 annual RSU grant
- Chairman Brad Jacobs said a new CEO is set to take the helm next month
The filing
Written by AI on Nov 8, 2026, 12:59 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 July 31, 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.