SHD Logistics is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Ex-ND boss Montjotin steps down as XPO Logistics Europe chief

Ex-ND boss Montjotin steps down as XPO Logistics Europe chief

Ex-Norbert Dentressangle boss, Hervé Montjotin, has resigned from his post as Europe CEO and President of XPO Logistics - just several months after the takeover of the French group by its US counterpart, reports our sister website Lloyd's Loading List.com.

He is succeeded by XPO Logistics group's Chief Operaing Officer, Troy Cooper, who retains the post following his new appointment, XPO said in a statement today (Friday 4th September).

It did not disclose the specific reasons have been given for Montjotin stepping down, only that he would be quitting the group.

In the statement, XPO's chairman and CEO, Bradley Jacobs, thanked Montjotin for his "very good work during a key period in Norbert Dentressangle's history" and wished him the best in his future plans.

When contacted by Lloyd's Loading List.com, no one was immediately available to comment at XPO on the resignation of Montjotin and whether other senior ex-ND executives would be leaving too.

Montjotin was chairman of the executive board and CEO of Norbert Dentressangle when it was majority-sold to XPO Logistics last June in a US$3.5 billion deal.

Commenting at the time on the takeover, Montjotin said: “We are very pleased to confirm the closing of the transaction announced in April. Thanks to the speedy completion of this acquisition, we can begin our integration as part of XPO Logistics without delay and fully commit to an ambitious business development plan, supported by a broader service offering and an expanded capacity for innovation."

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish