FedEx Announces Actions to Improve Shareholder Value and Updates to Board Governance | app

MEMPHIS, TN–(BUSINESS WIRE)–June 14, 2022–

FedEx Corporation (NYSE: FDX) today announced a series of long-planned business and corporate governance actions consistent with the company’s efforts to drive long-term value creation for all stakeholders.

This page requires JavaScript.

Javascript is required for you to play premium content. Please enable it in your browser settings.

kAm#2; $F3C2>2?:2>[ u65tI [email protected]] !C6D:56?E 2?5 r9:67 tI64FE:G6 ~77:46C[ D2:5[ “%[email protected] 564256D @7 :?G6DE>6?ED[ :[email protected]:@?[ 2?5 6IA6CE:D6[ H6 92G6 3F:=E 2 [email protected]= [email protected]@=:@ E92E D6CG6D 2D E96 [email protected]?52E:@? @7 @FC [email protected]>A6E:E:G6 25G2?E286] ~FC [email protected] :[email protected] 3F:=5 @? E9:D [email protected]?52E:@? 2?5 [email protected]?E:?F6 4C62E:?8 [email protected]?8E6C> G2=F6 [email protected] @FC [email protected]

kAmk6>ms:G:56?5x?4C62D6k^6>mk^Am

[email protected][email protected]:?8 2 56E2:=65 C6G:6H[ E96 u65tI [email protected] @7 s:[email protected] 564=2C65 2 BF2CE6C=J 42D9 5:G:56?5 @7 S`]`d A6C [email protected]? :ED ​​[email protected]>>@? [email protected]

kAm|:4926= r]{6?K[ u65tI [email protected]] tI64FE:G6 ‘:46 !C6D:56?E 2?5 r9:67 u:?2?4:2= ~77:46C[ 25565[ “%96 :?4C62D65 5:G:56?5 H6 [email protected]?465 [email protected] 😀 E96 4F=>:?2E:@? @7 @FC [email protected]’D [email protected]= [email protected] @G6C >2?J >@?E9D [email protected] 6?DFC6 E92E @FC 42A:E2= [email protected]:@? DEC2E68J C67=64ED @FC [email protected]?7:56?46 😕 E96 EC2;[email protected] @7 E96 3FD:?6DD 2?5 :?4C62D6D C6EFC?D [email protected] @FC [email protected]<[email protected]=56CD] (6 [email protected]@@C6 56E2:= @? @FC DEC2E68J 2?5 [email protected]?8E6C> @3;64E:G6D 2E @FC:[email protected] 52J ​​=2E6C E9:D >@?E9]”k^Am

kAmk6>mtI64FE:G6 [email protected]>A6?D2E:@? [email protected]> t?92?46>6?EDk^6>mk^Am

kAm%96 [email protected]>A2?J [email protected] [email protected]?465 E92E :ED 42D932D65 [email protected]?8E6C> :?46?E:G6 W{%xX [email protected]> [email protected] C 7:D42= a_ab [email protected] a_ad :?4=F56D 2? 255:E:@?2= [email protected]>2?46 >6EC:4 E:65 [email protected] u65tI’D [email protected]= [email protected]=56C C6EFC ? W%$#X C6=2E:G6 [email protected] 2 [email protected] >2C [email protected] :?4=F56D 2 42A:E2= 6IA6?5 :EFC6D 2D 2 A6C46?E286 @7 C6G6?F6 Wr2AtI^#6G6?F6X [email protected]>2?46 >6EC:4]%96 r2AtI ^#6G6?F6 E2C86E >6EC:4:? E96 ?6H {%x [email protected]> 😀 [email protected] E92? 😕 AC:@C J62CD [email protected] 2=:8? H:E9 u65tI’D 42A:E2= A=2?D [email protected] 7:D42= J62CD a_ab [email protected] a_ad[ 2?5 E96 [email protected]>A2?J 6IA64ED [email protected] 7FCE96C [email protected] :ED 42A:E2= :?E6?D:EJ 😕 DF3D6BF6?E J62CD] %96D6 492?86D 2C6 DA64:7:42==J 56D:8?65 [email protected] >22?286>6?E [email protected]>A6?D2E:@? >@C6 5:C64E=JE:65 [email protected] 56=:G6C:?8 @FEDE2?5:?8 %$# 2?5 [email protected]?8E6C> G2=F6 4C62E:@?]k^Am

kAmk6>[email protected] r92?86Dk^6>mk^Am

kAmu65tI 😀 [email protected] 255:?8 [email protected] 9:89=J BF2=:7:65 :?56A6?56?E 5:[email protected][ p>J {2?6 2?5 y:> ‘6?2[ [email protected] :ED [email protected] 67764E:G6 :>>65:2E6=J] %96D6 [email protected]:?E>6?ED H6C6 >256:? [email protected]??64E:@? H:E9 2 [email protected]@A6C2E:@ ? 28C66>6?EH:E9 E96 s]t]$92H [email protected]]p E9:C5:?56A6?56?E 5:[email protected] >FEF2==J 28C665 [email protected]? 3J E96 [email protected]>A2?J 2?5 E96 s]t]$92H [email protected] H :== 36 25565 [email protected] E96 [email protected] 2E 2 =2E6C 52E6]k^Am

kAm(:E9 E96 255:E:@? @7 E96D6 5:[email protected] 2?5 E96 2?E:4:A2E65 C6E:C6>6?E @7 sC]$9:C=6J p??y24 5F6 [email protected] E96 >[email protected] C6E:C6>6?E [email protected]:R:@? @7 E96 [email protected]>A2? I’D [email protected]@C2E6 [email protected]?2?46 8F:56=:?6D[ E96 u65tI [email protected] H:== [email protected]>AC:D6 `c 5:[email protected][ `a @7 [email protected]> H:== 36 :?56A6?56?E[ [email protected][email protected]:?8 E96 [email protected]>A2?J’D a_aa p??F2= |66E:?8 @7 [email protected]<[email protected]=56CD]k^am

kAmu65tI [email protected] [email protected]?465 E92E E96 [email protected]’D pF5:E [email protected]>>:EE66 92D 366? C6?2>65 E96 pF5:E 2?5 u:?2?46 [email protected]>>:EE66[ 2?5[ 😕 255:E:@? [email protected] :ED 4FCC6?E [email protected]?D:3:=:E:6D @7 @G6CD66:?8 7:?2?4:2=[ [email protected]>A=:2?46[ C:D< >2?286>6?E[ 2?5 6?G:[email protected]?>6?E2=[ [email protected]:2=[ 2?5 [email protected]?2?46 Wt$vX 5:[email protected][ H:== 36 [email protected]?D:3=6 [email protected] C6G:6H:?8 E96 [email protected]>A2?J’D 7:?2?4:2= 2772:CD[ :?4=F5:?8 42A:E2= DECF4EFC6[ [email protected]:@?[ 2?5 C6EFC?D] #]qC25 |2CE: ? H:== [email protected]?E:?F6 [email protected] r92:C E96 [email protected]>>:EE66[ 2?5 p>J {2?6[ |2CG:? #] t==:[email protected]?[ z:>36C=J p] y232=[ [email protected] [email protected]@A6C #2>@[ 2?5 y:> ‘6?2 4FCC6?E=J D6CG6 2D >6>36CD @7 E96 [email protected]>>:EE66]k^am

kAm“(6 2C6 A=62D65 [email protected] [email protected]>6 p>J 2?5 y:> [email protected] E96 u65tI [email protected][” $F3C2>2?:2> D2:5] “%96J [email protected] [email protected] D<: e92e h:="=" g2="F23=6" e e96 q h6 dec2e68j h:e9 s u65ti de h9 : c6249: e9:d am>

kAm“(6 2C6 2AAC64:2E:G6 @7 E96 [email protected]?DECF4E:G6 [email protected] E26?ED 2?5 492?86D [email protected] E96 6I64FE:G6 [email protected]>A6?D2E:@[email protected]> [email protected]:E :@?E96 [email protected]>A2?J H6== [email protected] 56= :[email protected]? :ED ​​[email protected] 5C:G6 D:8?:7:42?E G2=F6 [email protected] 2= = [email protected]?J 7FCE96C 56E2:=:?8 :ED [email protected] 6?92?46 [email protected] [email protected]?E9[” D2:5 |:4926= ~’|2CJ[ |2?28:?8 s:[email protected] 2E E96 s] t]$92H [email protected]]k^Am

kAmu65tI [email protected] >256 [email protected] [email protected]>>:EE66 492?86D AC6G:@FD=J 😕 |2C49 a_aa [email protected] 36EE6C C67=64E E96 [email protected]>>:EE66D’ 2C62D @7 @G6CD:89E 2?5 DEC6?8E96? E96:C 2=:8?>6?EH:E9 E96 [email protected]>A2?J’D AC:@C:E:6D 2?5 G2=F6D]%96D6: ?4=F56ik^Am

kF=mk=:m%96 }@>:?2E:?8 U2>Aj [email protected]?2?46 [email protected]>>:EE66 H2D C6?2>65 E96 [email protected]?2?46[ $276EJ[ 2?5 !F3=:4 [email protected]=:4J [email protected]>>:EE66 [email protected] 255 @G6CD:89E @7 D276EJ DEC2E68:6D 2?5 [email protected]>D 2?5 6IA2?5 E96 [email protected]>>:EE66’D @G6CD:89E @7 [email protected]=:E:42= 24E:G:E:6D 2?5 6IA6?5:EFC6D 2?5 t$v [email protected]>Djk^=:mk=:m%96 [email protected]>A6?D2E:@? [email protected]>>:EE66 H2D C6?2>65 E96 [email protected]>A6?D2E:@? 2?5 wF>2? #[email protected] [email protected]>>:EE66 [email protected] 36EE6C C67=64E E96 [email protected]>>:EE66’D 6I:DE:?8 @G6CD:89E @7 DEC2E68:6D C6=2E65 [email protected] 5:G6CD:EJ[ 6BF:EJ[ 2?5 :?4=FD:@?[ [email protected]<[email protected][ 6?E6CAC:D6 962=E9 42C6[ 2?5 @E96C <6J 9F>2? [email protected] >2?286>6?E DEC2E68:6Dj 2?5k^=:mk=:m%96 [email protected]>2E:@? %[email protected][email protected] ~G6CD:89E [email protected]>>:EE66 H2D C6?2>65 E96 rJ36C 2?5 %[email protected][email protected] ~G6CD:89E [email protected]>>:EE66 [email protected] 36EE6C C67=64E E96 [email protected]>>:EE66’D [email protected] @? 4J36C 2?5 [email protected][email protected] C:D< >2?286>6?E]k^=:mk^F=m

kAm&?56C E96 E6C>D @7 E96 [email protected]@A6C2E:@? 28C66>6?E[ E96 s] t]$92H [email protected] 92D 28C665 [email protected] 46CE2:? [email protected]>2CJ [email protected]:?8 2?5 DE2?5DE:== [email protected]:D:@?D]k^Am

kAmk6>[email protected] p>J {2?6k^6>mk^Am

kAmp>J {2?6 4FCC6?E=J D6CG6D 2D 2 5:[email protected] @7 }6IEtC2 t?6C8J[ x?4] 2?5 %y) [email protected]>A2?:6D x?4]|D]{2?6 H2D 2 |2?28:?8 s:[email protected] 2?5 [email protected] {6256C @7 E96 v [email protected]= #6E2:=:?8 x?G6DE>6?E q2?<: vc u2>Add [email protected]][ x?4][ [email protected]> `hhf F?E:= 96C C6E:C6>6?E 😕 a__a] {2?6 AC6G:@FD=J D6CG65 2D 2 |2?28:?8 s:[email protected] 2E [email protected]>@? [email protected][ x?4][ H96C6 D96 [email protected]?565 2?5 =65 E96 C6E2:= :?5FDECJ :?G6DE>6?E 32?<:?8 F?:E] $96 [email protected]@? E96 [email protected] @7 &C32? t586 [email protected]:6D [email protected]> a_`d F?E:= a_aa 2?5 v}[email protected]=5:?8D[ x?4] [email protected]> a_“ F?E:= a_a_]k^Am

kAmk6>[email protected] y:> ‘6?2k^6>mk^Am

kAmy:> ‘6?2 92D @G6C c_ J62CD @7 C2:[email protected] 6IA6C:6?46[ >@DE C646?E=J D6CG:?8 2D r9:67 ~A6C2E:?8 ~77:46C @7 &?:@? !24:7:4 [email protected]@C2E:@? W“&?:@? !24:7:4”X [email protected]> y2?F2CJ a_`h [email protected] s646>36C a_a_[ 2?5 E96? 2D 2 $6?:@C p5G:[email protected] [email protected] E96 r92:C>2? 2E &?:@? !24:7:4] !C:@[email protected] ;@:?:?8 &?:@? !24:7:4[ ‘6?2 DA6?E c_ J62CD 2E r2?25:2? }2E:@?2= #2:=H2J [email protected]>A2?J[ :?4=F5:?8 D6CG:?8 2D r9:67 ~A6C2E:?8 ~77:46C 2?5 [email protected]=5:?8 G2C:@FD D6?:@C [email protected]=6D [email protected] >2C<6E:?8[ D2=6D[ @A6C2E:@?D[ 2?5 6?8:?66C:?8]k^am

kAmk6>[email protected] u65tIk^6>mk^Am

kAmu65tI [email protected]]W}*$ti us)X [email protected]:56D [email protected]>6CD 2?5 3FD:?6DD6D ​​[email protected]=5H:56 H:E9 2 [email protected] [email protected]@= :@ @7 [email protected]:@?[ [email protected]>>6C46[ 2?5 3FD:?6DD D6CG:46D] (:E9 2??F2= C6G6?F6 @7 Sha 3:==:@?[ E96 [email protected]>A2?J @776CD :?E68C2E65 3FD:?6DD [email protected]=FE:@?D [email protected] @A6C2E:?8 [email protected]>A2?:6D [email protected]>A6E:?8 [email protected]==64E:G6=J[ @A6C2E:?8 [email protected][email protected]:G6=J[ 2?5 :[email protected]:?8 5:8:E2==J F?56C E96 C6DA64E65 u65tI 3C2?5] [email protected]?D:DE6?E=J [email protected]?8 E96 [email protected]=5VD >@DE 25>:C65 2?5 ECFDE65 6>[email protected][ u65tI :?DA:C6D :ED ?62C=J dd_[___ 6>[email protected] [email protected] C6>2:? [email protected] @? D276EJ[ E96 9:896DE 6E9:42= 2?5 [email protected]:@?2= DE2?52C5D[ 2?5 E96 ?665D @7 E96:C [email protected]>6CD 2?5 [email protected]>>F?:E:6D] u65tI 😀 [email protected]>>:EE65 [email protected] [email protected]??64E:?8 [email protected]=6 2?5 [email protected]:3:=:E:6D [email protected]?5 E96 [email protected]=5 C6DA @?D:3=J 2?5 [email protected]==J[ H:E9 2 [email protected]= [email protected] 249:6G6 [email protected]??6FEC2= @A6C2E:@?D 3J a_c_] %@ =62C? >@C6[ A=62D6 G:D:E k2 9C67lQ9EEADi^^4ED]3FD:?6DDH:C6][email protected]>^4E^r%n:5lD>2CE=:?AjFC=l9EEATbpTauTauHHH]7656I][email protected]>[email protected]>Aj6D966EldafcgggbU2>Aj?6HD:E6>:5la_aa_e` b__dghcU2>Aj=2?l6?&$U2>[email protected]][email protected]>[email protected]> Aj:?56Il`U2>Aj>5dl4ehhehc6b`fc5h6`ahafae5h`g6b4bheQ [email protected]@= [email protected] D92A6lQC64EQm7656I][email protected]>^[email protected]^2m]k^Am

kAmr6CE2: ? DE2E6>6?ED:? E9:D AC6DD C6=62D6 >2J 36 [email protected]?D:56C65 [email protected][email protected]@<: de2e6>6?ED[ DF49 2D DE2E6>6?ED C6=2E:?8 [email protected] 7FEFC6 42A:E2= 6IA6?5:EFC6D[ >2?286>6?E’D G:6HD H:E9 C6DA64E [email protected] 7FEFC6 6G6?ED 2?5 7:?2?4:2= [email protected]>2?46[ 2?5 F?56C=J:?8 2DDF>AE:@?D] [email protected][email protected]@<: de2e6>6?ED:?4=F56 [email protected] AC646565 3J[ [email protected][email protected] 3J[ @C E92E :?4=F56 E96 [email protected] “H:==[” “>2J[” “[email protected]=5[” “[email protected]=5[” “[email protected]=5[” “36=:6G6D[” “6IA64ED[” “2?E:4:A2E6D[” “A=2?D[” “6DE:>2E6D[” “E2C86ED[” “[email protected];64ED[” “:?E6?5D[” @C D:>:=2C 6IAC6DD:@?D] $F49 [email protected][email protected]@<: de2e6>6?ED 2C6 DF3;64E [email protected] C:D6DE:4 @C:?E6C?2E:@?2= =2HD 2?5 [email protected]?>6?E C68F=2E:@?D[ [email protected]=:4:6D[ 2?5 24E:@?Dj 7FEFC6 8F:52?46[ C68F=2E:@?D[ :?E6CAC6E2E:@?D[ 492==6?86D[ @C ;F5:4:2= 564:D:@?D C6=2E65 [email protected] @FC E2I [email protected]:E:@?Dj =682= 492==6?86D @C 492?86D C6=2E65 [email protected] D6CG:46 [email protected]:56CD 6?82865 3J u65tI [email protected]?5 2?5 E96 5C:G6CD [email protected]:5:?8 D6CG:46D @? E96:C 3692=7j 2? :?4C62D6 😕 D6=7:?DFC2?46 244CF2=D 2?5 6IA6?D6Dj @FC 23:=:EJ [email protected] BF:4<=J 2?5 67764E:G6=J [email protected] @A6C2E:@?D [email protected][email protected]:?8 25G6CD6 H62E96C @C 2 [email protected]=:K65 5:D2DE6C @C 5:DEFC32?46 😕 2 <6J [email protected] @FC 23:=:EJ [email protected] 249:6G6 @FC [email protected]= @7 [email protected]??6FEC2= @A6C2E:@?D 3J a_c_j 2?5 @E96C [email protected] H9:49 42? 36 [email protected]?5 😕 u65tI [email protected]]’D 2?5 :ED DF3D:5:2C:6D’ AC6DD C6=62D6D 2?5 u65tI [email protected]]’D 7:=:?8D H:E9 E96 $tr]p?J [email protected]= @@<: de2e6>6?E DA62256](6 [email protected] [email protected]?56CE26 2?J @3=:82E:@? [email protected] FA52E6 @C C6G:D6 2?J [email protected] [email protected]@<: de2e6>6?E[ H96E96C 2D 2 C6DF=E @7 ?6H :[email protected]>2E:@?[ 7FEFC6 6G6?ED[ @C @E96CH:D6]k^am

kAm’:6H [email protected] G6CD:@? @? k2 9C67lQ9EEAi^^3FD: 6DDH:C6][email protected]>Qm3FD: 6DDH:C6][email protected]>k^2mik2 9C67lQ9EEADi^^HHH]3FD: 6DDH:C6][email protected]>^?6HD^[email protected]>6 ^a_aa_e` b__dghc^6?^Q [email protected]@[email protected]^^HHH]3FD:?6DDH:C6][email protected]>^?6HD^[email protected]>6^a_aa_e`b__dghc^6?^ k ^ 2mk ^ am

kAmr~}%pr%i y6??J #@[email protected]?k^Am

kAmu65tIk^Am

kAmh_`cbcg`__k^Am

kAmk2 9C67lQ>2:[email protected]|65:2C6=2E:@?Do7656I][email protected]>Qm|65:2C6=2E:@?Do7656I][email protected]>k^2mk^Am

kAmzt*(~#si &}x%ts $%p%t$ }~#%wp|t#xrp %t}}t$$ttk^Am

kAmx}s&$%#* zt*(~#si ~%wt# %#p}$!~#% %#&rzx}v {~vx$%xr$^$&!!{* rwpx} |p} pvt|t}% px# %#p}$!~#%k^Am

kAm$~&#rti u65tI [email protected]@C2E:@?k^Am

[email protected]:89E qFD:?6DD (:C6 a_aa]k^Am

kAm!&qi _e^`c^a_aa _gib_ p|^sx$ri _e^`c^a_aa _giba p|k^Am

kAmk2 9C67lQ9EEAi^^HHH]3FD: ?6DDH:C6][email protected]>^?6HD^[email protected]>6^a_aa_e`b__dghc^6?Qm9EEAi^^HHH]3FD: ?6DDH:C6][email protected]>^?6HD^ [email protected]>6^a_aa_e`b__dghc^6?k^2mk^Am

Helen D. Jessen