FedEx Appoints Chief Operating Officer
September 26 2016 - 12:55PM
Dow Jones News
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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