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XPO chairman Jacobs to step down; shares fall

ReutersDec 15, 2025 4:31 PM

Shares of logistics and transportation firm XPO XPO.N fall nearly 1.6% to about $146.7

Co says Brad Jacobs to step down from his role as executive chairman effective December 31, 2025

Adds Jacobs will serve as senior advisor to XPO through June 30, 2026

CEO Mario Harik will take on Jacobs' role - XPO

Including session's moves, XPO shares up 11.8% YTD

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