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XPO Appoints Michael Kneeland to Board of Directors

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XPO (NYSE: XPO) appointed Michael Kneeland to its board of directors, effective immediately, increasing the board to eight members, seven of whom are independent. According to XPO, Kneeland has participated in creating more than $60 billion in shareholder value across his career.

He is non-executive chairman of United Rentals, chairman of Gildan Activewear, and a director of GXO Logistics, which was spun off from XPO. XPO highlights his experience in operational excellence, capital allocation and governance as aligned with its shareholder return objectives.

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Positive

  • Board expanded to eight members, with seven independent directors
  • New director credited with helping create over $60 billion in shareholder value
  • Director brings leadership roles at United Rentals, Gildan Activewear and GXO Logistics

Negative

  • None.

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GREENWICH, Conn., July 27, 2026 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced that Michael Kneeland has joined the company’s board of directors, effectively immediately. The appointment expands XPO’s board to eight members, seven of whom are independent.

Mario Harik, chairman and chief executive officer of XPO, said, “Michael is an outstanding addition to our board. Throughout his career, he and his teams have created more than $60 billion in shareholder value through operational excellence, disciplined capital allocation and strategic governance. His expertise is strongly aligned with XPO’s commitment to delivering outsized returns for our shareholders.”

Kneeland is non-executive chairman of United Rentals, the world’s largest equipment rental company. He additionally serves as chairman of Gildan Activewear, and as a director of XPO spin-off GXO Logistics. Kneeland joined United Rentals in 1998 and subsequently led the company as chief executive officer from 2007 to 2019, including 10 concurrent years as president. He became chairman upon his retirement in 2019.

For additional information on XPO’s board of directors and senior management team, visit the Leadership section of the company’s website.

About XPO
XPO, Inc. (NYSE: XPO) is a leader in asset-based less-than-truckload (LTL) freight transportation in North America. The company’s customer-focused organization efficiently moves 16 billion pounds of freight per year, enabled by its proprietary technology. XPO serves 55,000 customers with 594 locations and 37,000 employees in North America and Europe, and is headquartered in Greenwich, Conn., USA. Visit xpo.com for more information, and connect with XPO on LinkedIn, Facebook, X, Instagram and YouTube.

Investor Contact
Brian Scasserra
+1 617-607-6429
brian.scasserra@xpo.com

Media Contact
Cole Horton
+1 203-609-6004
cole.horton@xpo.com


FAQ

What board change did XPO (NYSE: XPO) announce on July 27, 2026?

XPO announced that Michael Kneeland joined its board of directors, effective immediately. According to XPO, his appointment expands the board to eight members, seven of whom are independent, strengthening governance depth and aligning with the company’s focus on shareholder returns and oversight.

Who is Michael Kneeland, the new XPO (XPO) board member?

Michael Kneeland is a veteran executive currently serving as non-executive chairman of United Rentals. According to XPO, he also chairs Gildan Activewear and sits on GXO Logistics’ board, bringing experience in operational excellence, disciplined capital allocation and strategic governance to XPO’s board.

How does Michael Kneeland’s experience relate to XPO shareholders?

According to XPO, Michael Kneeland and his teams have created more than $60 billion in shareholder value during his career. The company states his background in capital allocation, operations and governance aligns with XPO’s objective of delivering outsized returns for its shareholders over time.

How many independent directors does XPO have after adding Michael Kneeland?

After Michael Kneeland’s appointment, XPO’s board consists of eight members, seven of whom are independent. According to XPO, this composition underscores its focus on strong corporate governance, with a majority-independent board overseeing strategy, capital allocation and management performance for investors.

What other companies’ boards does XPO director Michael Kneeland serve on?

Michael Kneeland is non-executive chairman of United Rentals and chairman of Gildan Activewear. According to XPO, he also serves as a director of GXO Logistics, the XPO spin-off, bringing multi-company board experience from equipment rental, apparel and logistics sectors to XPO’s board.

Where can investors find more information on XPO’s board of directors?

Investors can find more information on XPO’s board of directors in the Leadership section of the company’s website. According to XPO, this area provides details on board members, including Michael Kneeland, and senior management, supporting shareholder understanding of the company’s leadership structure.