XPO Logistics, Inc. announced that its board of directors has approved the previously announced separation of its tech-enabled brokered transportation platform through the distribution of all of the outstanding shares of common stock of its wholly owned subsidiary, RXO, Inc., to holders of XPO common stock. Mario Harik will become XPO's chief executive officer upon completion of the spin-off. He currently serves as president, less-than-truckload – North America, and chief information officer.