FedEx Express CEO Don Colleran to retire; Richard Smith named successor

FEDEX CORP

Donald F. Colleran, President & CEO of FedEx Express, to retire effective Dec. 31, 2022; steps down as CEO Aug. 31, 2022.
Richard W. Smith named President & CEO-Elect of FedEx Express effective April 1, 2022; assumes full duties Sept. 1, 2022.
Colleran served nearly 40 years; will remain as CEO Executive Advisor through Dec. 31, 2022 to ensure transition.
Smith previously served as President/CEO of FedEx Logistics and led vaccine distribution and EV strategy initiatives.

item 5.02 item 9.01

Executive movements

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Appointed

Richard W. Smith

President and Chief Executive Officer–Elect of FedEx Express

FDX · FEDEX CORP

Effective: 2022-04-01
Filed: March 10, 2022, 6:59 PM ET

On March 10, 2022, FedEx announced that Richard W. Smith, who currently serves as Regional President, The Americas and Executive Vice President, Global Support of FedEx Express, has been appointed President and Chief Executive Officer–Elect of FedEx Express effective April 1, 2022, and President and Chief Executive Officer of FedEx Express effective September 1, 2022.

Departed

Donald F. Colleran

President and Chief Executive Officer of Federal Express Corporation

FDX · FEDEX CORP

Effective: 2022-08-31
Successor: Richard W. Smith
Filed: March 10, 2022, 6:59 PM ET

On March 4, 2022, Donald F. Colleran, President and Chief Executive Officer of Federal Express Corporation (“FedEx Express”), a wholly owned subsidiary of FedEx Corporation (“FedEx”), informed FedEx of his intention to step down as President and Chief Executive Officer of FedEx Express effective August 31, 2022, and to retire from FedEx Express effective December 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard W. Smith was appointed as President and Chief Executive Officer–Elect of FedEx Express at FEDEX CORP.

Action: appointed
Role: President and Chief Executive Officer–Elect of FedEx Express

Exact text from the filing

On March 10, 2022, FedEx announced that Richard W. Smith, who currently serves as Regional President, The Americas and Executive Vice President, Global Support of FedEx Express, has been appointed President and Chief Executive Officer–Elect of FedEx Express effective April 1, 2022, and President and Chief Executive Officer of FedEx Express effective September 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Donald F. Colleran departed as President and Chief Executive Officer of Federal Express Corporation at FEDEX CORP.

Action: stepped down and retired
Role: President and Chief Executive Officer of Federal Express Corporation

Exact text from the filing

On March 4, 2022, Donald F. Colleran, President and Chief Executive Officer of Federal Express Corporation (“FedEx Express”), a wholly owned subsidiary of FedEx Corporation (“FedEx”), informed FedEx of his intention to step down as President and Chief Executive Officer of FedEx Express effective August 31, 2022, and to retire from FedEx Express effective December 31, 2022.

View on SEC.gov

FEDEX CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-072044

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