Rxo (NYSE: RXO) recently announced the appointment of Troy Cooper to its board of directors. Cooper, a transportation industry veteran with over 11 years of experience in supply chain operations, including brokerage, brings a wealth of expertise to the company. Notably, he launched the truck brokerage hub in Charlotte, N.C., which is now part of Rxo. Cooper's impressive background includes serving as the chief executive officer of XPO Logistics Europe and as the president of XPO’s global operations. His extensive industry experience is expected to be a significant asset to both the Rxo board and the company.
Cooper's career highlights include serving as the vice president and group controller at United Rentals, where he played a key role in integrating over 200 acquisitions across North America. Additionally, he held the position of division controller at United Waste Systems and started his career in public accounting at Arthur Andersen.
With the addition of Cooper, the Rxo board now comprises nine directors, six of whom are independent.
This appointment represents a strategic move for Rxo as it looks to leverage Cooper's operational and financial expertise to drive the company's growth and further strengthen its position within the asset-light transportation solutions industry. Today the company's shares have moved -3.8% to a price of $20.08. If you want to know more, read the company's complete 8-K report here.
