QXO additional expanded its management crew with the appointment of Michael DeWitt as Chief Procurement Officer, following latest hires for Chief Data, Chief Know-how and Chief AI Officers, every from outstanding retailers.
DeWitt will oversee QXO’s procurement operations as the corporate expands throughout the $800 billion constructing merchandise distribution sector.
He joins QXO after eight years as vice chairman of worldwide spend administration at Walmart Worldwide, the place he managed $10 billion in buying throughout 18 international locations. He has practically 30 years of expertise in procurement throughout varied industries and areas.
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At Walmart, DeWitt led the implementation of recent procurement applied sciences, together with autonomous negotiation and AI-driven sourcing instruments. QXO mentioned these efforts contributed to a major enhance in annual financial savings and supported digital initiatives throughout world operations.
Earlier in his profession, DeWitt served as chief procurement officer at Highmark Well being, overseeing $8 billion in spending throughout 5 enterprise models. He additionally held senior sourcing roles at Bayer, MEDRAD, Hewlett Packard and different multinational corporations.
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“Michael has redefined what best-in-class procurement seems to be like,” QXO Chairman and CEO Brad Jacobs mentioned in a July 21 information launch. “He’s pushed billions in financial savings, pioneered using AI in sourcing and constructed world groups that outperform. Along with his management, we count on to unlock important worth via procurement as we scale our platform.”
QXO is ranked No. 4 on MDM’s 2025 Prime Distributors Listing for Constructing Supplies/Development. This previous April, it acquired Beacon for $11 billion in its first key platform transaction.
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