XPO logistics announces mark Manduca as chief investment officer for GXO logistics spin-off

XPO Logistics, a leading global provider of transport and logistics solutions, has announced that Mark Manduca will become the chief investment officer of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business. Manduca has joined XPO as chief investment officer of the logistics segment, effective in May. He will be responsible for analysing GXO’s growth opportunities, optimisation of the company’s asset portfolio and oversight of its UK pension investments. Alongside these responsibilities, he will play a key role in ensuring that GXO’s investment case reaches a global audience.