FedEx Corp. announced on 16 January the filing of the Form 10 registration statement (Form 10) with the U.S. Securities and Exchange Commission (SEC) for the planned spin-off of FedEx Freight. A copy of the Form 10 is available on the SEC website at www.sec.gov and can also be viewed on FedEx’s Investor Relations website. “Today’s Form 10 filing reflects the strong progress we are making toward the launch of FedEx Freight as a focused, industry-leading LTL company,” said Raj Subramaniam, FedEx … [Read more...] about FedEx announces filing of Form 10 registration statement for planned spin-off of FedEx Freight
FedEx Freight
FedEx announces Marshall Witt as Senior Vice President and Chief Financial Officer of FedEx Freight
FedEx Corp. announced that Marshall Witt, formerly the chief financial officer of TD SYNNEX, a leading global IT distributor and solutions provider, has been appointed senior vice president and chief financial officer of FedEx Freight, effective October 15. During his 12 years as CFO of TD SYNNEX, Witt led the company through a period of extraordinary revenue and EBITDA growth, driving significant value creation. He brings strong capital allocation, M&A, and spin-off experience, having … [Read more...] about FedEx announces Marshall Witt as Senior Vice President and Chief Financial Officer of FedEx Freight
FedEx Freight CEO William Logue to retire
FedEx Corp. announced that William J. Logue will retire as president and CEO of its FedEx Freight subsidiary on 31 December 2014. He has guided FedEx Freight since 2010 to a leading position in the US less-than-truckload (LTL) market. He cited health concerns as the reason for his decision to retire. Michael L. Ducker, a 40-year FedEx veteran, will succeed Logue as president and CEO of FedEx Freight. Ducker will move into his new role on 1 January 2015, from his current position … [Read more...] about FedEx Freight CEO William Logue to retire
