, Columnist
Brad Jacobs Is on the Hunt. Investors Should Pay Attention.
The CEO of XPO Logistics has a nearly unblemished record of success, and he’s looking for his next challenge.
What’s next?
Photographer: Chris Goodney/Bloomberg
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If there’s a surefire way to make money during these bleak economic and geopolitical times, it may be a bet on Brad Jacobs’s next move.
The billionaire chief executive officer of XPO Logistics Inc. is hunting for a new industry in which to invest after spending just more than a decade building a company that jumped in market value to about $10 billion from about $160 million. He’s now splitting XPO into three parts and, for the most part, exiting the business.