XPO will promote Kyle Wismans, SVP of revenue management and finance, to CFO next month, the LTL carrier announced last week.
He replaces Carl Anderson, who is departing the company after less than a year for Axalta Coating Systems.
Wismans’ promotion to CFO is effective Aug. 11, according to XPO.
Anderson, who has been on the job since November following the spinoff of brokerage RXO, is scheduled to begin working at Axalta the following Monday, Aug. 14.
“We expect this transition to be a seamless hand-off between two senior executives in our organization,” CEO Mario Harik said in a statement.
Anderson has made many contributions in his nearly nine months with the company, Harik said. XPO’s announcement said the former Meritor CFO was leaving to join a former colleague in an industry where he had worked for more than a decade.
“I have no doubt that he’ll continue to be successful in this next step of his career,” Harik said.
Wismans joined XPO in 2019 as SVP of financial planning and analysis. His promotion to the C-suite follows XPO’s hiring of former Old Dominion Freight Line SVP David Bates as COO in April and Wall Street analyst Ali Faghri as chief strategy officer in January. The company promoted Jay Silberkleit to CIO in November.
Harik called Wismans “a seasoned finance leader” and noted his instrumental role in executing XPO’s spin-offs and its LTL growth strategy. Prior to joining XPO, he was an executive with General Electric Co. and Baker Hughes for more than a decade, with financial planning, analysis and audit responsibilities.
