What changed
Dev Ahuja will join QXO as Chief Financial Officer in January 2027, succeeding Ihsan Essaid, who becomes Vice Chairman overseeing mergers and acquisitions and capital raising. Ahuja spent a decade as CFO of Novelis, where he helped complete the $2.8 billion acquisition and integration of Aleris and where Novelis raised $8 billion through M&A financings and debt refinancings. Essaid has served as QXO CFO since July 2024. QXO targets $50 billion in annual revenue within the decade.
Why it matters
Dev Ahuja will join QXO as Chief Financial Officer in January 2027, succeeding Ihsan Essaid, who becomes Vice Chairman overseeing mergers and acquisitions and capital raising. Ahuja spent a decade as