XPO Logistics has named Matthew Fassler as chief strategy officer effective 26 November, 2018 – replacing Scott Malat – who will step down on 8 December.
Fassler will have responsibility for the company’s strategy, capital structure and analysis of growth opportunities. Malat is leaving to spend more time with his family, having served as the company’s CSO since 2011.
Fassler’s career spans more than 20 years of senior experience with Goldman Sachs.
XPO Logistics chairman and chief executive officer, Bradley Jacobs said, “We hold Matt in high regard as an expert on market dynamics in the bricks-and-mortar retail and e-commerce sector – the fastest-growing area of our business.
“His understanding of omnichannel retail is particularly valuable to XPO, given our leadership positions in e-fulfillment and last mile logistics. Matt’s insights will help us execute on our strongest opportunities for expansion.”