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Share Name | Share Symbol | Market | Type |
---|---|---|---|
FedEx Corp | NYSE:FDX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.38 | -0.53% | 260.65 | 265.57 | 259.845 | 263.50 | 1,036,203 | 21:19:36 |
By Austen Hufford
FedEx Corp. said Monday that David J. Bronczek, chief executive of its time-definite delivery service, will become its president and chief operating officer starting in 2018.
The shipping company also said that T. Michael Glenn, FedEx's executive vice president for market development and corporate communications, will retire at the end of the year after running its marketing, sales, customer service and communications groups for more than 20 years.
Robert B. Carter, currently chief information officer and co-CEO of FedEx's administrative unit with Mr. Glenn, will become the CEO of the admin unit starting Jan. 1. He will oversee the administration of common information technology, sales, solutions, marketing and corporate communications for FedEx's various units.
FedEx has posted strong results recently, saying last week that revenue and operating margins rose at its key units, and it predicted another record shipping season during the holiday period.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
September 26, 2016 12:40 ET (16:40 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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