FedEx Earns No. 9 Spot on the FORTUNE World’s Most Admired Companies List
January 19 2018 - 9:55AM
Business Wire
FedEx Corp. (NYSE: FDX) is once again ranked among the most
admired companies in the world, according to a survey published in
FORTUNE magazine.
The annual “World’s Most Admired Companies” report released
today lists FedEx as the No. 9 ranked company overall. The survey
measures nine attributes related to financial performance and
corporate reputation.
“FedEx is honored to have been recognized again among the
world’s most admired companies,” said Frederick W. Smith, chairman
and CEO, FedEx Corp. “This honor reflects the outstanding
dedication and performance of our more than 400,000 FedEx team
members worldwide.”
This is the 18th consecutive year that FedEx has ranked among
the top 20 in the FORTUNE Most Admired Companies List, with 14 of
those years ranking among the top 10.
Survey Methodology
FORTUNE collaborated with partner Korn Ferry on this survey
of corporate reputation. They began with a universe of about 1,500
candidates: the 1,000 largest U.S. companies ranked by revenue,
along with non-U.S. companies in FORTUNE’s Global 500
database that have revenues of $10 billion or more. They then
winnowed the assortment to the highest-revenue companies in each
industry, a total of 680 in 29 countries. The top-rated companies
were picked from that pool of 680; the executives who voted work at
the companies in that group.
To determine the best-regarded companies in 52 industries, Korn
Ferry asked executives, directors, and analysts to rate enterprises
in their own industry on nine criteria, from investment value and
quality of management and products to social responsibility and
ability to attract talent. A company’s score must rank in the top
half of its industry survey to be listed.
Results were not published in the following categories owing to
insufficient response rates: Cable and Satellite Providers,
Petroleum Refining, Pipelines, and U.S. Energy.
To select the 50 All-Stars, Korn Ferry asked 3,900 executives,
directors, and securities analysts who had responded to the
industry surveys to identify the 10 companies they admired most.
They chose from a list made up of the companies that ranked in the
top 25% in last year’s surveys, plus those that finished in the top
20% of their industry. Anyone could vote for any company in any
industry.
The difference in the voting rolls explains why some results can
seem at odds with each other. For example, Deere fell off the
All-Star list but moved up one notch within the construction and
farm machinery category when votes from only those in that industry
were counted.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenues of $62 billion, the company
offers integrated business applications through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world’s most
admired and trusted employers, FedEx inspires its more than 400,000
team members to remain “absolutely, positively” focused on safety,
the highest ethical and professional standards and the needs of
their customers and communities. To learn more about how FedEx
connects people and possibilities around the world, please visit
about.fedex.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180119005441/en/
FedEx Corp.Jennifer Caccavo Cordeau,
901-434-8100Jennifer.Caccavo@fedex.com
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