XPO Logistics announce key appointments

Published: Sunday, April 17, 2016

XPO Logistics, Inc., recently announced two key appointments related to its board of directors, effective immediately. Gena L. Ashe has joined the board as an independent director of the company, and will serve as chair of the nominating and corporate governance committee. Ms. Ashe’s appointment expands the board to nine directors, seven of whom are independent directors. Michael G. Jesselson, who has served on the company’s board since 2011, has been appointed to the newly created role of lead independent director.

Bradley Jacobs, Chairman and CEO of XPO Logistics, said, “The appointments of Gena and Michael to new roles on our board further demonstrate our company’s commitment to strong corporate governance. Gena has extensive experience in some of our most important customer verticals, including e-commerce, food and beverage, and technology. Michael has an exemplary record as a director of XPO, and is an experienced lead independent director through his board service to other public companies. I’m pleased that the composition of our board increasingly reflects our scale and diversity as a global leader.”

Ms. Ashe has more than two decades of broad-based executive experience with public and private companies in varied industries. She most recently served as Chief Legal Officer of The Brickman Group, Ltd. (now BrightView Landscapes, LLC), the largest commercial landscape maintenance company in the United States. Prior to Brickman, she held senior legal roles with Catalina Marketing Corporation, Public Broadcasting Service (PBS), Darden Restaurants, Inc., Lucent Technologies, Inc. and AT&T. Earlier, Ms. Ashe was an electrical engineer with IBM Corporation before joining IBM’s legal team.

Mr. Jesselson has been the President and CEO of private investment firm Jesselson Capital Corporation since 1994. He has been an independent director of XPO Logistics since 2011, is a former chair of the nominating and corporate governance committee, and has significant shareholdings in the company. Additionally, Mr. Jesselson has served on the board of American Eagle Outfitters, Inc. since 1997, and has been its lead independent director since 2012. He is a director of C-III Capital Partners LLC, a trustee of Yeshiva University, co-chairman of Shaare Zedek Medical Center, and serves on the boards of numerous non-profit organizations, including the UJA-Federation of New York and the Hebrew University of Jerusalem.