RXO Announces Planned Chief Accounting Officer Transition

An update from RXO, Inc. ( (RXO) ) is now available.

On January 16, 2026, RXO, Inc. announced that Daniel Morris, 41, currently the company’s vice president of accounting and a former senior accounting leader at XPO since 2015, was appointed Chief Accounting Officer effective May 15, 2026, with compensation aligned to RXO’s standard executive pay programs. On the same date, Chief Accounting Officer Jason Kerr notified RXO of his intention to retire effective May 15, 2026, and will remain with the company until October 15, 2026 to support the transition, with RXO emphasizing that his departure was not due to any disagreement over accounting principles, financial reporting practices, or internal controls, signaling a planned and orderly leadership change in the finance function.

The most recent analyst rating on (RXO) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on RXO, Inc. stock, see the RXO Stock Forecast page.

Spark’s Take on RXO Stock

According to Spark, TipRanks’ AI Analyst, RXO is a Neutral.

RXO, Inc. faces significant challenges, primarily driven by weak financial performance and bearish technical indicators. The company’s negative profitability and cash flow issues are major concerns, compounded by a negative P/E ratio. While there are positive aspects such as growth in LTL volume and strategic investments, these are currently overshadowed by broader market and operational challenges.

To see Spark’s full report on RXO stock, click here.

More about RXO, Inc.

RXO, Inc. is a transportation and logistics company that was separated from XPO, Inc. in November 2022, with a management team that includes long-serving executives who previously held senior financial and accounting roles at XPO before the spin-off.

Average Trading Volume: 2,140,266

Technical Sentiment Signal: Hold

Current Market Cap: $2.4B

See more data about RXO stock on TipRanks’ Stock Analysis page.