US-based fleet and OEM, XPO, has announced the appointment of Ali Faghri as Chief Strategy Officer (CSO).
Faghri is responsible for XPO’s strategy and analysis of growth opportunities, and oversees the company’s engagement with the investment community.
He reports to XPO CEO, Mario Harik.
“Faghri is a prominent Wall Street analyst who has specialised in the automotive sector for 12 years, covering market leaders in manufacturing, retail and mobility, such as Tesla, CarMax, AutoZone and Uber,” XPO said in a statement.
“He most recently was a managing director with Guggenheim Partners, LLC, where he led the automotive team for five years. Faghri holds a degree in engineering from Cornell University.”
Harik said: “Ali is a seasoned analyst with a thorough understanding of our customer verticals and company-specific strengths. His expertise will add considerable value as we execute our growth strategy.”
In other news, XPO has renewed its platinum partnership with Truckers Against Trafficking for 2023.