FedEx Ground CEO Henry Maier will retire from the Memphis-based logistics giant in July after 35 years with the company.
Lance Moll, FedEx Freight's senior vice president for operations, will become its new CEO on March 1. FedEx Freight CEO John Smith will become the new president and "CEO-elect" of FedEx Ground beginning March 1 and will fully take over the role on June 1, according to a statement from the company. Maier will remain with the company as an advisor until the end of July to "help ensure a smooth transition of responsibilities."
"Henry has helped steer tremendous growth across our commercial and e-commerce portfolio," FedEx's COO Raj Subramaniam said in a statement. "Under his leadership, FedEx Ground revenue has more than doubled, with a focus on automation and speed as distinct competitive advantages."
What about an update on the promised FPUCRETRO at $600 & the multiple stimulus checks MSC?!?! Biden said the prior was just a down payment. Is he just a liar?!?!