Meet FedEx’s proposed board of directors
All of FedEx’s board members are up for election or reelection when the company’s shareholders have their annual meeting, scheduled this year for Monday, Sept. 19.
There are 21 article(s) tagged Raj Subramaniam:
All of FedEx’s board members are up for election or reelection when the company’s shareholders have their annual meeting, scheduled this year for Monday, Sept. 19.
At its most recent meeting of shareholders and analysts, the Memphis-based company announced it is no longer interested in keeping its networks separate. Instead, FedEx wants to benefit from their overlap.
New CEO Raj Subramaniam faces soaring inflation, increasing competition from Amazon and an activist investor demanding shakeups to the board, but plans to grow earnings per share by as much as 19% over the next three years, as well as increase operating income by as much as $4.5 billion.
The logistics giant announced Wednesday, June 29, its new “Deliver Today, Innovate for Tomorrow” strategy as investors and analysts gathered in Memphis for the company’s 2022 investor meeting.
The Memphis-based company recorded $24.4 billion in revenue for its fourth quarter 2022, compared to $22.6 billion it reported in the same time period in 2021.
D. E. Shaw & Co. is known for its activist investing, including its role in Exxon Mobil Corp.’s decision to add to its board and make $6 billion worth of cost savings changes.
An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles.
Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.
FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.
“It’s hard for me to believe that anyone has done more for Memphis than Fred Smith,” Bo Allen, First Horizon regional president for West Tennessee, Arkansas and North Mississippi, said.
FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
FedEx Corp.’s new operating principles acknowledge the need for increasing collaboration among business units FedEx Express, FedEx Ground and FedEx Freight.
FedEx's top leaders didn't get bonuses for the first time in 11 years as company earnings and income lagged behind targets in fiscal 2020.
President and chief operating officer Raj Subramaniam has been elected to the FedEx Corp. board.
David J. Bronczek has abruptly retired from FedEx Corp.'s No.2 spot, with Raj Subramaniam named to replace him effective March 1.
New FedEx Corp. president and chief operating officer Raj Subramaniam would earn $1.2 million in base salary and bonuses over the next year under a compensation package outlined Wednesday, Feb. 20.
FedEx's series of high-level management changes are fueling speculation about the reasons and perhaps worrying investors and employees, but have the potential to bring fresh eyes to the organization.
Selection of Raj Subramaniam for the No. 2 job at Memphis-based FedEx Corp. starting March 1 could put him in the driver's seat to eventually become CEO, some analysts believe.
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