Hervé Montjotin, formerly chief executive of Norbert Dentressangle, has left his position as chief executive of XPO’s European business less than three months into his new role. US company XPO purchased Norbert Dentressangle earlier this year having tabled a €3.24bn (£2.3bn) bid in April. The deal was completed in June. He has been replaced by XPO chief operating officer Troy Cooper, according to an SEC filing in the US. It adds that Cooper will retain his position while assuming chief […]
A €3.2bn (£2.3bn) acquisition of French transport and logistics giant Norbert Dentressangle by US group XPO Logistics could be just the first in a series of takeovers of European companies the Greenwich, Connecticut firm’s chairman Bradley Jacobs has said.
Richard Morson, the former finance director at Norbert Dentressangle, has joined Bibby Distribution in the same, newly-created, role. Bibby has created a finance director position to strengthen its senior management – Morson was also formerly group financial controller at TDG and has 11 years experience in the industry. “[Morson] is an advocate of the importance of finance as a value added service to the business through active business partnering,” said Paul Cullingford, chief financial officer at Bibby. “He also has […]