| CEO Name | Mario Harik |
| Nationality | Lebanon |
| Net Worth Estimation | $25 million |
Mario Harik's estimated net worth of around $25 million is primarily attributed to his executive compensation, stock awards, and equity holdings earned as CEO of XPO Logistics, the acquiring company of Con-way Inc. This estimate reflects publicly disclosed salaries, bonuses, and performance-linked shares accumulated through various leadership roles within XPO.
Mario Harik's estimated net worth of $25,000,000 falls at 32.47% between the minimum ($1,000,000) and maximum ($80,000,000) CEO net worth in the transportation business category. This positions him solidly above the minimum and well within the industry's upper range.
Business Category: Transportation
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 80000000 USD
Mario Harik Performance in Con-way Inc. (now part of XPO Logistics)
Mario Harik, as CEO of Con-way Inc. (now part of XPO Logistics), demonstrated strong leadership by driving strategic decisions that enhanced operational efficiency. His decision-making emphasized innovation and customer-centric logistics solutions, significantly improving company performance and market competitiveness. Harik's impact resulted in sustained revenue growth and a successful transition during the Con-way acquisition by XPO Logistics.
Latest News
XPO Logistics Acquires Con-way Inc. and Integration Led by CEO Bradley Jacobs
XPO Logistics completed its $3 billion acquisition of Con-way Inc. in October 2015, rebranding all Con-way operations under XPO. Bradley Jacobs, XPO's chairman and CEO, highlighted the deal's creation of the second largest less-than-truckload carrier in North America and emphasized operational synergies to enhance profitability and customer service. Con-way's CEO Douglas Stotlar supported a smooth transition to benefit employees and customers under the new ownership.
Source: http://news.xpo.com/552/xpo-logistics-to-acquire-con-way/