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Form 8-K · Current Report · Filed 2024-03-11

FedEx Announces Executive Changes and Bylaw Amendments

On March 11, 2024, FedEx Corporation announced that Robert B.

Filer
FedEx Corporation FDX · NYSE
Filed
Accession
0001193125-24-064820
CIK
0001048911
Signal
Medium impactIndustrials

Details

Carter will step down as Executive Vice President and Chief Information Officer, with Sriram Krishnasamy assuming new roles as Executive Vice President - Chief Digital and Information Officer-Elect and Chief Transformation Officer. The Board also approved amendments to the company's bylaws, effective immediately, to enhance governance and clarify officer appointment procedures.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CIO Resignation New CIO Appointed
Item 5.03

Amendments to Articles of Incorporation or Bylaws

Bylaw Amendment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$199.58

Next session

+2.6%

Since filing

+54.0%

Latest close

$307.40

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About FedEx Corporation

FedEx Corporation is a multinational delivery services company known for its air and ground shipping capacities. Established in 1971, FedEx provides a wide range of logistics services, including express transportation, freight forwarding, and e-commerce solutions to businesses and consumers alike. With a strong focus on innovation and efficiency, FedEx has developed advanced tracking systems and time-definite delivery services, setting standards in the express delivery industry. The corporation operates in various segments such as FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, each tailored to meet specific logistics needs worldwide. FedEx plays a crucial role in global commerce, facilitating the timely exchange of goods and documents across borders, impacting industries like retail, healthcare, and manufacturing. In a digital age where immediate delivery is paramount, FedEx's infrastructure and expertise make it integral to the supply chain and distribution networks that drive the modern economy.

Exchange NYSE Industry Integrated Freight & Logistics Company website ↗

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