Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-06

GXO Logistics (GXO)

CEO Patrick Kelleher was paid $7,628,275 in fiscal year 2025, the 11th percentile of its disclosed peer group (SEC filing 0001104659-26-046343 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,628,275
Patrick Kelleher total, FY2025
11th
CEO pay percentile vs peers
179:1
CEO-to-median pay ratio
62.44%
Say-on-pay support, latest vote

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GXO's next annual pay disclosure, estimated April 27, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Patrick Kelleher$239,615$661,178$6,506,536$0$60,226$0$160,720$7,628,275
Chief Executive Officer
Malcolm Wilson886,697000004,045,9424,932,639
Former Chief Executive Officer
Baris Oran650,00001,803,7050819,728024,4363,297,869
Chief Financial Officer
Richard Cawston608,88801,634,2490712,533073,9023,029,572
Chief Revenue Officer
Corinna Refsgaard529,83601,625,6600573,2360138,2562,866,988
Chief Human Resources Officer
Karlis Kirsis559,46001,264,7320590,433046,1212,460,746
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Patrick Kelleher$7,628,275———
Malcolm Wilson4,932,6395,531,7916,733,662↓ −599,152
Baris Oran3,297,8692,517,7823,412,820↑ +780,087
Richard Cawston3,029,5722,639,2863,137,449↑ +390,286
Corinna Refsgaard2,866,9881,379,664—↑ +1,487,324
Karlis Kirsis2,460,7462,069,8702,478,107↑ +390,876

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against GXO
9 companies name GXO as a compensation peer

The list of companies that name GXO as a peer is temporarily unavailable — recheck shortly.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Baris OranCFO$3,297,869
Corinna RefsgaardChief Human Resources Officer$2,866,988
Richard CawstonChief Revenue Officer$3,029,572
Karlis KirsisGeneral Counsel$2,460,746
Malcolm WilsonChief Executive Officer$4,932,639
Patrick KelleherCEO$7,628,275
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brad JacobsFormer director (through FY2025)$436,785
Clare ChatfieldFormer director (through FY2025)$29,451
Gena AsheFormer director (through FY2025)$29,451
Jason PapastavrouFormer director (through FY2025)$257,172
Joli GrossFormer director (through FY2025)$36,813
Julio NemethIndependent Director$266,749
Kyle WismansIndependent Director$269,922
Laura WilkinIndependent Director$254,056
Marlene ColucciLead Independent Director$308,287
Matthew FasslerIndependent Director$283,287
Michael KneelandIndependent Director$178,805
Oren ShafferFormer director (through FY2025)$47,857
Patrick ByrneChair of the Board$202,681
Todd CooperIndependent Director$266,749
Torsten PilzIndependent Director$266,749
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Laura WilkinDirector2026-05-13D5,012$0$0Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-13A2,91500CommonForm 4 ↗
Dividend-equivalent accruals2026-05-13—339——1 insider, 1 accrual row
Patrick ByrneDirector2026-05-13D2,92600Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A2,92600CommonForm 4 ↗
Julio NemethDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-13A5,01200CommonForm 4 ↗
Matthew FasslerDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A33900CommonForm 4 ↗
Laura WilkinDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13A5,01200CommonForm 4 ↗
Kyle WismansDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13A5,01200CommonForm 4 ↗
Michael KneelandDirector2026-05-13D2,91500Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-20A4,84700Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Marlene ColucciDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D3,06300Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01A3,06300CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D7465137,822CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-08-01A2,99100Derivative, Class A CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-19D9,93500Derivative, Class A CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-19A9,93500CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-20D4,60447214,685CommonForm 4 ↗
Christina CarvalhoChief Accounting Officer2026-09-14A21,30900Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 37 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Laura WilkinDirector2026-05-13D5,012$0$0Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-13A2,91500CommonForm 4 ↗
Patrick ByrneDirector2026-05-13D33900Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13D2,92600Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A2,92600CommonForm 4 ↗
Julio NemethDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-13A5,01200CommonForm 4 ↗
Matthew FasslerDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13D5,01200Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-13A33900CommonForm 4 ↗
Laura WilkinDirector2026-05-13A5,01200CommonForm 4 ↗
Marlene ColucciDirector2026-05-13A5,01200CommonForm 4 ↗
Kyle WismansDirector2026-05-13A5,01200CommonForm 4 ↗
Torsten PilzDirector2026-05-13A5,01200CommonForm 4 ↗
Michael KneelandDirector2026-05-13D2,91500Derivative, Class A CommonForm 4 ↗
Patrick ByrneDirector2026-05-20A4,84700Derivative, Class A CommonForm 4 ↗
Laura WilkinDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Todd CooperDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Matthew FasslerDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Kyle WismansDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Torsten PilzDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Julio NemethDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Marlene ColucciDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Michael KneelandDirector2026-05-20A3,83700Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D3,06300Derivative, Class A CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01A3,06300CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-07-01D7465137,822CommonForm 4 ↗
Laura L. BrackenInterim CAO2026-08-01A2,99100Derivative, Class A CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-19D9,93500Derivative, Class A CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-19A9,93500CommonForm 4 ↗
Patrick KelleherChief Executive Officer2026-08-20D4,60447214,685CommonForm 4 ↗
Christina CarvalhoChief Accounting Officer2026-09-14A21,30900Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Malcolm WilsonPSU2024-03-0731,60263,203—126,406$3,086,835
Karlis KirsisPSU2025-03-078,53117,061—34,122614,708
Patrick KelleherPSU2025-08-19—81,069—182,4055,256,514
Malcolm WilsonRSU2024-03-07——27,087—1,350,016
Karlis KirsisRSU2025-03-07——17,061—650,024
Baris OranRSU2025-03-07——14,764—562,508
Corinna RefsgaardPSU2025-03-075,90611,812—23,624425,586
Patrick KelleherRSU2025-08-19——29,805—1,250,022
Richard CawstonRSU2025-03-07——19,686—750,037
Corinna RefsgaardRSU2025-03-07——19,686—750,037
Corinna RefsgaardRSU2025-03-07——11,812—450,037
Baris OranPSU2025-03-0717,22534,449—68,8981,241,197
Richard CawstonPSU2025-03-0712,27124,541—49,082884,212
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Malcolm Wilson$1,350,016$3,086,835$069.6%
Karlis Kirsis650,024614,708048.6%
Patrick Kelleher1,250,0225,256,514080.8%
Baris Oran562,5081,241,197068.8%
Corinna Refsgaard1,200,074425,586026.2%
Richard Cawston750,037884,212054.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Malcolm WilsonOption184,71464.91—
Baris OranOption65,97065.6—
Corinna RefsgaardRSU36,849—1,939,731
Patrick KelleherPSU81,069—4,267,472
Richard CawstonRSU67,821—3,570,097
Karlis KirsisRSU53,076—2,793,921
Karlis KirsisOption13,19364.13—
Richard CawstonPSU49,623—2,612,155
Baris OranPSU60,784—3,199,670
Corinna RefsgaardPSU19,838—1,044,272
Karlis KirsisPSU30,103—1,584,622
Richard CawstonOption49,47764.91—
Baris OranRSU71,003—3,737,598
Malcolm WilsonRSU75,391—3,968,582
Patrick KelleherRSU29,805—1,568,935
Malcolm WilsonPSU40,561—2,135,131
05

Incentive-plan design — the Compensation Discussion & Analysis

GXO's executive compensation philosophy is founded on the following core objectives: Attract high-impact, results-oriented executives who will contribute to GXO's goals of enhancing financial performance, growing our business and maximizing stockholder value. Ensure that each executive receives market-competitive total compensation that drives performance and encourages his or her long-term retention through business and individual performance assessments. Maintain executives' focus on the company's top priorities and advancement of our goals of profitable growth, innovation, operational excellence and customer satisfaction. Set ambitious targets that incentivize our executives to drive long-term stockholder value creation without unnecessary risk. Align the interests of our executives with those of our stockholders by emphasizing high growth and high returns in our long-term, performance-based incentives.

CEO STI target (% of salary)160%
CEO LTI target (% of salary)—
Independent consultantF.W. Cook
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2061,052,49134,140,9142,589,52362.44%Passed
20252025-05-1388,325,84110,874,029216,39488.84%Passed
20242024-05-2190,567,22710,065,553114,00589.9%Passed
20232023-05-2489,116,24510,700,29598,92989.19%Passed
20222022-05-2489,134,7634,221,4861,803,16093.67%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2062.44%a
20252025-05-1388.84%b
20242024-05-2189.9%c

a. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

b. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

c. Approved under the standard stated in the filing — “Because the advisory vote to approve executive compensation requires the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote on the matter, abstentions will have the effect of a vote against this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)179 : 1
CEO total compensation$7,628,275
Median employee compensation$42,718
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brad JacobsNot independent · Departed during FY$180,000$256,785$0—$0$436,785
Marlene ColucciIndependent · Lead Independent Director · Compensation · Nominating, Corporate Governance and Sustainability105,000203,2870—0308,287
Matthew FasslerIndependent · Compensation · Audit80,000203,2870—0283,287
Kyle WismansIndependent · Audit (Chair) · Partial-year service66,635203,2870—0269,922
Todd CooperIndependent · Compensation (Chair) · Audit · Operational Excellence · Partial-year service63,462203,2870—0266,749
Torsten PilzIndependent · Operational Excellence (Chair) · Compensation · Partial-year service63,462203,2870—0266,749
Julio NemethIndependent · Nominating, Corporate Governance and Sustainability (Chair) · Operational Excellence · Partial-year service63,462203,2870—0266,749
Jason PapastavrouIndependent · Audit · Nominating, Corporate Governance and Sustainability · Departed during FY · Partial-year service53,885203,2870—0257,172
Laura WilkinIndependent · Compensation · Operational Excellence · Partial-year service50,769203,2870—0254,056
Patrick ByrneIndependent · Board Chair · Nominating, Corporate Governance and Sustainability · Partial-year service33,913168,7680—0202,681
Michael KneelandIndependent · Nominating, Corporate Governance and Sustainability · Operational Excellence · Partial-year service33,696145,1090—0178,805
Oren ShafferIndependent · Departed during FY47,85700—047,857
Joli GrossIndependent · Departed during FY36,81300—036,813
Clare ChatfieldIndependent · Departed during FY29,45100—029,451
Gena AsheIndependent · Departed during FY29,45100—029,451
Malcolm WilsonEmployee director · Departed during FY000—00
Patrick KelleherEmployee director · Partial-year service · Newly elected000—00
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$190,016
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000
Stock ownership guidelineThe Committee maintained strong compensation governance practices in 2025, including stock ownership guidelines, clawback provisions, a prohibition on hedging and pledging without required preclearance...
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$937,856
Equity awards (grant-date value)$2,196,958
All other compensation$0
Total cost of the board$3,134,814

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies GXO Logistics names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including GXO Logistics.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Flex Ltd.2026Revathi Advaithi$1,325,000$38,446,348$0$3,950,117$44,391,138
2FedEx Corporation2026Rajesh Subramaniam1,550,0006,731,3643,715,06210,593,50027,554,018
3United Parcel Service, Inc.2025Carol Tomé1,509,71317,550,5461,358,7542,264,56922,878,788
4Emerson Electric Co.2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
5Sanmina Corporation2025Jure Sola1,221,15413,639,10003,281,25018,183,981
6Celestica Inc.2025Robert Mionis1,150,00012,438,80003,450,00017,416,332
7Iron Mountain Incorporated2025William Meaney1,195,70211,401,8322,099,9852,273,00017,047,480
8Rockwell Automation, Inc.2025Blake Moret1,210,4567,700,4213,300,0101,737,61015,401,707
9Aramark2025John Zillmer1,325,0006,809,0992,850,0163,456,70014,542,376
10Cintas Corporation2026Todd Schneider1,153,0677,888,91703,073,47012,158,605
11Avnet, Inc.2026Philip Gallagher1,200,0007,970,03502,706,89311,980,898
12Aspen Technology, Inc.2024Antonio Pietri750,00010,115,5480664,63911,541,446
13C.H. Robinson Worldwide, Inc.2025David Bozeman1,100,9626,984,38302,879,61811,045,949
14Ryder System, Inc.2025Robert Sanchez1,100,0017,159,49501,675,89410,178,386
15Expeditors International of Washington, Inc.2025Daniel Wall100,0005,940,13403,600,7299,643,863
16Rollins, Inc.2025Jerry Gahlhoff, Jr.1,100,0006,128,64301,683,0008,966,870
17GXO Logistics2025Patrick Kelleher239,6156,506,536060,2267,628,275
18Pitney Bowes Inc.2025Kurt Wolf24,769100,0073,000,000320,3513,573,306
19Americold Realty Trust, Inc.2025Robert Chambers708,0681,907,2270694,0733,524,308
—The Descartes Systems Group Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
GXO Logisticsnot disclosednot disclosedYes — Relative Total Shareholder Return (rTSR) compared to the S&P MidCap 400 IndexF.W. Cook
Americold Realty Trust, Inc.not disclosednot disclosedYes — relative TSRMeridian Compensation Partners, LLC
Aramark133.0%PSU 50 · Option 30 · RSU 20NoMeridian Compensation Partners LLC
Aspen Technology, Inc.Varied by NEO (e.g., Pietri earned $664,339 against $900,000 target, ~74%; Stagno earned $122,234 against $125,528 target, ~97%; Mouritsen earned $251,922 against $325,000 target, ~78%; Breithaupt earned $38,710 against $375,000 target, ~10%)%RSU 50 · PSU 50NoWillis Towers Watson (WTW)
Avnet, Inc.not disclosedRSU 50 · PSU 50not disclosedMeridian Compensation Partners, LLC
C.H. Robinson Worldwide, Inc.171%PSU 60 · RSU 40NoSemler Brossy
Celestica Inc.not disclosedPSU 60 · RSU 40NoWillis Towers Watson
Cintas Corporationnot disclosedRSU 50 · Options 50Nonot disclosed
Emerson Electric Co.141.5%PSU 55 · RSU 45NoExequity
Expeditors International of Washington, Inc.not disclosedPSU 50 · RSU 50NoMeridian Compensation Partners, LLC
FedEx Corporation112.5%not disclosedYes — Relative TSR (FY24-FY26 LTI Cash Plan)Meridian Compensation Partners, LLC
Flex Ltd.180.68%RSU 33 · PRSU 20Yes — Relative TSR (rTSR)FW Cook
Iron Mountain Incorporated105.5%PSU 85 · Options 15Yes — Relative TSR vs MSCI US REIT IndexPay Governance LLC
Pitney Bowes Inc.not disclosedOption 100 · PSU 60 · RSU 40NoPay Governance
Rockwell Automation, Inc.95.7%PSU 40 · Option 30 · RSU 30NoWillis Towers Watson
Rollins, Inc.102%RSU 72 · PSU 28Yes — TSRMercer
Ryder System, Inc.90%PSU 60 · RSU 40NoFW Cook
Sanmina Corporation140%not disclosedNoExequity, LLP
The Descartes Systems Group Inc.not disclosednot disclosednot disclosednot disclosed
United Parcel Service, Inc.75%PSU 93 · Options 7Yes — Relative Total Shareowner Return (RTSR)FW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at GXO Logistics in fiscal 2025?
As disclosed, Patrick Kelleher (Chief Executive Officer) was the highest-paid executive at GXO Logistics in fiscal 2025, with total compensation of $7,628,275.
How does GXO Logistics's chief executive pay compare to its disclosed peer group?
As disclosed, Patrick Kelleher's total compensation ranked at the 11th percentile of GXO Logistics's disclosed peer group.
What is GXO Logistics's CEO-to-median employee pay ratio?
As disclosed, GXO Logistics's CEO-to-median employee pay ratio was 179:1.
How did shareholders vote on GXO Logistics's executive compensation?
As disclosed, 62.44% of shareholders supported GXO Logistics's executive compensation in the latest say-on-pay vote.
How much does GXO Logistics spend in total on board compensation for fiscal 2025?
As disclosed, GXO Logistics reported total board compensation of $3,134,814 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Patrick KelleherDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 7,628,275. Filing ↗machine: t205 · r5 · c14 · span 1215049–1215059
2Section 01, Malcolm WilsonDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 4,932,639. Filing ↗machine: t205 · r7 · c14 · span 1223404–1223414
3Section 01, Baris OranDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 3,297,869. Filing ↗machine: t205 · r10 · c14 · span 1235603–1235613
4Section 01, Richard CawstonDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 3,029,572. Filing ↗machine: t205 · r13 · c14 · span 1248560–1248570
5Section 01, Corinna RefsgaardDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 2,866,988. Filing ↗machine: t205 · r19 · c14 · span 1272493–1272502
6Section 01, Karlis KirsisDEF 14A2026-04-220001104659-26-046343Section “Summary Compensation Table”. As printed: 2,460,746. Filing ↗machine: t205 · r16 · c14 · span 1260392–1260402
7Section 03, Malcolm Wilson PSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
8Section 03, Karlis Kirsis PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r22 · c20 · span 1486165–1486172
9Section 03, Patrick Kelleher PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t230 · r15 · c14 · span 1592128–1592134
10Section 03, Malcolm Wilson RSUDEF 14A——Section “Executive Compensation” · grants of plan-based awards table.
11Section 03, Karlis Kirsis RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r21 · c20 · span 1480303–1480310
12Section 03, Baris Oran RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r15 · c20 · span 1446008–1446015
13Section 03, Corinna Refsgaard PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t183 · r8 · c2 · span 1075147–1075153
14Section 03, Patrick Kelleher RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t186 · r2 · c2 · span 1080848–1080854
15Section 03, Richard Cawston RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r18 · c20 · span 1462958–1462965
16Section 03, Corinna Refsgaard RSUDEF 14A—0001104659-26-046343Section “EXECUTIVE COMPENSATION ELEMENTS AND OUTCOMES FOR” · grants of plan-based awards table. Filing ↗machine: t186 · r3 · c2 · span 1081632–1081638
17Section 03, Corinna Refsgaard RSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t183 · r8 · c2 · span 1075147–1075153
18Section 03, Baris Oran PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r16 · c20 · span 1451871–1451880
19Section 03, Richard Cawston PSUDEF 14A2026-04-220001104659-26-046343Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t221 · r19 · c20 · span 1468422–1468429
20Section 07, pay ratioDEF 14A2026-04-220001104659-26-046343Section “CEO Pay Ratio”. As printed: 179 : 1. Filing ↗
21Section 08, Brad JacobsDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 436,785. Filing ↗machine: t91 · r14 · c9 · span 651731–651900
22Section 08, Marlene ColucciDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 308,287. Filing ↗machine: t91 · r5 · c9 · span 628929–629098
23Section 08, Matthew FasslerDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 283,287. Filing ↗machine: t91 · r7 · c9 · span 633909–634078
24Section 08, Kyle WismansDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 269,922. Filing ↗machine: t91 · r12 · c9 · span 646628–646797
25Section 08, Todd CooperDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r6 · c9 · span 631554–631723
26Section 08, Torsten PilzDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r10 · c9 · span 641564–641733
27Section 08, Julio NemethDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 266,749. Filing ↗machine: t91 · r9 · c9 · span 638931–639100
28Section 08, Jason PapastavrouDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 257,172. Filing ↗machine: t91 · r18 · c9 · span 661448–661617
29Section 08, Laura WilkinDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 254,056. Filing ↗machine: t91 · r11 · c9 · span 644001–644170
30Section 08, Patrick ByrneDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 202,681. Filing ↗machine: t91 · r4 · c9 · span 626573–626742
31Section 08, Michael KneelandDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 178,805. Filing ↗machine: t91 · r8 · c9 · span 636539–636708
32Section 08, Oren ShafferDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 47,857. Filing ↗machine: t91 · r19 · c3 · span 662391–662559
33Section 08, Joli GrossDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 36,813. Filing ↗machine: t91 · r17 · c3 · span 657483–657651
34Section 08, Clare ChatfieldDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 29,451. Filing ↗machine: t91 · r16 · c3 · span 655061–655229
35Section 08, Gena AsheDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 29,451. Filing ↗machine: t91 · r15 · c3 · span 652671–652839
36Section 08, Malcolm WilsonDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 0. Filing ↗
37Section 08, Patrick KelleherDEF 14A2026-04-220001104659-26-046343Section “Director Compensation”. As printed: 0. Filing ↗
38Section 02, Laura Wilkin 2026-05-13Form 42026-05-150001802557-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Kyle Wismans 2026-05-13Form 42026-05-150001852244-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Michael Kneeland 2026-05-13Form 42026-05-150001265485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Julio Nemeth 2026-05-13Form 42026-05-150001630118-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Julio Nemeth 2026-05-13Form 42026-05-150001630118-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Matthew Fassler 2026-05-13Form 42026-05-150001996998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Matthew Fassler 2026-05-13Form 42026-05-150001996998-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Marlene Colucci 2026-05-13Form 42026-05-150001767492-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Todd Cooper 2026-05-13Form 42026-05-150001972963-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Todd Cooper 2026-05-13Form 42026-05-150001972963-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Torsten Pilz 2026-05-13Form 42026-05-150002060473-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Patrick Byrne 2026-05-13Form 42026-05-150001316476-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Laura Wilkin 2026-05-13Form 42026-05-150001802557-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Marlene Colucci 2026-05-13Form 42026-05-150001767492-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Kyle Wismans 2026-05-13Form 42026-05-150001852244-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Torsten Pilz 2026-05-13Form 42026-05-150002060473-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael Kneeland 2026-05-13Form 42026-05-150001265485-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Patrick Byrne 2026-05-20Form 42026-05-220001316476-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Laura Wilkin 2026-05-20Form 42026-05-220001802557-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Todd Cooper 2026-05-20Form 42026-05-220001972963-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Matthew Fassler 2026-05-20Form 42026-05-220001996998-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Kyle Wismans 2026-05-20Form 42026-05-220001852244-26-000033Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Torsten Pilz 2026-05-20Form 42026-05-220002060473-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Julio Nemeth 2026-05-20Form 42026-05-220001630118-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Marlene Colucci 2026-05-20Form 42026-05-220001767492-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Michael Kneeland 2026-05-20Form 42026-05-220001265485-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Laura L. Bracken 2026-07-01Form 42026-07-020001817483-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Laura L. Bracken 2026-08-01Form 42026-08-040001817483-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Patrick Kelleher 2026-08-19Form 42026-08-210002083230-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Patrick Kelleher 2026-08-19Form 42026-08-210002083230-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Patrick Kelleher 2026-08-20Form 42026-08-210002083230-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Christina Carvalho 2026-09-14Form 42026-09-160002104339-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
75Section 06, 2026 voteForm 8-K2026-05-220001852244-26-000031Item 5.07 · say-on-pay result. As reported: 62.44% (votes for as printed: 61,052,491). Filing ↗
76Section 06, 2025 voteForm 8-K2025-05-150001852244-25-000068Item 5.07 · say-on-pay result. As reported: 88.84% (votes for as printed: 88,325,841). Filing ↗
77Section 06, 2024 voteForm 8-K2024-05-230001852244-24-000022Item 5.07 · say-on-pay result. As reported: 89.9% (votes for as printed: 90,567,227). Filing ↗
78Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
79Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
80Section 09b board cost (computed)Computed——Cash 937,856 + equity 2,196,958 + all other 0 = 3,134,814, summed across the director compensation table rows.machine: formula: Σ = 3,134,814
81Flex Ltd., Section 10b CEO totalDEF 14A2026-10-050001193125-26-413189CEO total compensation as printed in Flex Ltd.'s own proxy. As printed: 44,391,138. Filing ↗machine: r2 · c31 · span 2377870–2377880
82FedEx Corporation, Section 10b CEO totalDEF 14A2026-08-170001104659-26-097836CEO total compensation as printed in FedEx Corporation's own proxy. As printed: 27,554,018. Filing ↗machine: r1 · c54 · span 1409491–1409501
83United Parcel Service, Inc., Section 10b CEO totalDEF 14A2026-03-190001628280-26-019856CEO total compensation as printed in United Parcel Service, Inc.'s own proxy. As printed: 22,878,788. Filing ↗machine: r2 · c27 · span 899122–899132
84Emerson Electric Co., Section 10b CEO totalDEF 14A2025-12-120000032604-25-000103CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
85Sanmina Corporation, Section 10b CEO totalDEF 14A2026-01-230001308179-26-000017CEO total compensation as printed in Sanmina Corporation's own proxy. As printed: 18,183,981. Filing ↗machine: r2 · c33 · span 857789–857799
86Celestica Inc., Section 10b CEO totalDEF 14A2026-04-090001030894-26-000018CEO total compensation as printed in Celestica Inc.'s own proxy. As printed: 17,416,332. Filing ↗machine: r2 · c21 · span 1275320–1275331
87Iron Mountain Incorporated, Section 10b CEO totalDEF 14A2026-03-240001020569-26-000026CEO total compensation as printed in Iron Mountain Incorporated's own proxy. As printed: 17,047,480. Filing ↗machine: t114 · r3 · c26 · span 952014–952024
88Rockwell Automation, Inc., Section 10b CEO totalDEF 14A2025-12-220001308179-25-000665CEO total compensation as printed in Rockwell Automation, Inc.'s own proxy. As printed: 15,401,707. Filing ↗machine: t89 · r1 · c18 · span 642843–642853
89Aramark, Section 10b CEO totalDEF 14A2025-12-220001584509-25-000256CEO total compensation as printed in Aramark's own proxy. As printed: 14,542,376. Filing ↗machine: t116 · r2 · c16 · span 891967–891977
90Cintas Corporation, Section 10b CEO totalDEF 14A2026-09-150000723254-26-000040CEO total compensation as printed in Cintas Corporation's own proxy. As printed: 12,158,605. Filing ↗machine: r2 · c27 · span 436219–436229
91Avnet, Inc., Section 10b CEO totalDEF 14A2026-10-060001104659-26-114038CEO total compensation as printed in Avnet, Inc.'s own proxy. As printed: 11,980,898. Filing ↗machine: r1 · c28 · span 1519252–1519262
92Aspen Technology, Inc., Section 10b CEO totalDEF 14A2024-10-240001897982-24-000062CEO total compensation as printed in Aspen Technology, Inc.'s own proxy. As printed: 11,541,446. Filing ↗machine: r2 · c24 · span 565955–565965
93C.H. Robinson Worldwide, Inc., Section 10b CEO totalDEF 14A2026-03-240001043277-26-000011CEO total compensation as printed in C.H. Robinson Worldwide, Inc.'s own proxy. As printed: 11,045,949. Filing ↗machine: r3 · c39 · span 1034575–1034585
94Ryder System, Inc., Section 10b CEO totalDEF 14A2026-03-110001628280-26-016651CEO total compensation as printed in Ryder System, Inc.'s own proxy. As printed: 10,178,386. Filing ↗machine: t211 · r2 · c8 · span 970489–970499
95Expeditors International of Washington, Inc., Section 10b CEO totalDEF 14A2026-03-240001193125-26-121388CEO total compensation as printed in Expeditors International of Washington, Inc.'s own proxy. As printed: 9,643,863. Filing ↗machine: r2 · c6 · span 687349–687359
96Rollins, Inc., Section 10b CEO totalDEF 14A2026-03-170000084839-26-000014CEO total compensation as printed in Rollins, Inc.'s own proxy. As printed: 8,966,870. Filing ↗machine: t107 · r9 · c14 · span 774614–774623
97GXO Logistics (subject), Section 10b CEO totalDEF 14A2026-04-220001104659-26-046343CEO total compensation as printed in GXO Logistics's own proxy. As printed: 7,628,275. Filing ↗machine: t205 · r5 · c14 · span 1215049–1215059
98Pitney Bowes Inc., Section 10b CEO totalDEF 14A2026-03-300001140361-26-011982CEO total compensation as printed in Pitney Bowes Inc.'s own proxy. As printed: 3,573,306. Filing ↗machine: r2 · c27 · span 1097324–1097333
99Americold Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-04-080001628280-26-024250CEO total compensation as printed in Americold Realty Trust, Inc.'s own proxy. As printed: 3,524,308. Filing ↗machine: r2 · c24 · span 788554–788563
100Section 10a, Flex Ltd. reciprocityDEF 14A—0001193125-26-413189Flex Ltd.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
101Section 10a, Expeditors International of Washington, Inc. reciprocityDEF 14A—0001193125-26-121388Expeditors International of Washington, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
102Section 10a, Emerson Electric Co. reciprocityDEF 14A—0000032604-25-000103Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
103Section 10a, Americold Realty Trust, Inc. reciprocityDEF 14A—0001628280-26-024250Americold Realty Trust, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, Aspen Technology, Inc. reciprocityDEF 14A—0001897982-24-000062Aspen Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
105Section 10a, Avnet, Inc. reciprocityDEF 14A—0001104659-26-114038Avnet, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
106Section 10a, C.H. Robinson Worldwide, Inc. reciprocityDEF 14A—0001043277-26-000011C.H. Robinson Worldwide, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
107Section 10a, Celestica Inc. reciprocityDEF 14A—0001030894-26-000018Celestica Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
108Section 10a, Iron Mountain Incorporated reciprocityDEF 14A—0001020569-26-000026Iron Mountain Incorporated's most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
109Section 10a, Pitney Bowes Inc. reciprocityDEF 14A—0001140361-26-011982Pitney Bowes Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
110Section 10a, Rockwell Automation, Inc. reciprocityDEF 14A—0001308179-25-000665Rockwell Automation, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
111Section 10a, Rollins, Inc. reciprocityDEF 14A—0000084839-26-000014Rollins, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
112Section 10a, Ryder System, Inc. reciprocityDEF 14A—0001628280-26-016651Ryder System, Inc. names GXO Logistics in its own disclosed peer group (read from its most recent proxy). Filing ↗
113Section 10a, Sanmina Corporation reciprocityDEF 14A—0001308179-26-000017Sanmina Corporation's most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗
114Section 10a, United Parcel Service, Inc. reciprocityDEF 14A—0001628280-26-019856United Parcel Service, Inc.'s most recent proxy was read; its disclosed peer group does not include GXO Logistics. Filing ↗

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