FedEx CFO Alan Graf to Retire; Treasurer Mike Lenz Named Successor
March 09 2020 - 06:36PM
Dow Jones News
By Dave Sebastian
FedEx Corp. said Chief Financial Officer Alan Graf is retiring
Dec. 31, and Mike Lenz, the delivery giant's corporate vice
president and treasurer, will take over the role.
Mr. Graf, 66 years old, will serve as finance chief until Sept.
22 and remain as executive vice president and senior adviser
through the end of the year to guide the transition, the company
said Monday.
Mr. Lenz, 56, will become executive vice president and
CFO-elect, effective June 1, FedEx said. He joined the company in
2005 as vice president of finance at FedEx Office and was the staff
vice president of strategic finance at the company in 2010. Mr.
Lenz previously worked for American Airlines Group Inc.
Succeeding Mr. Lenz, effective June 1, as executive vice
president and treasurer overseeing tax and corporate development
will be Bert Nappier, the regional president for the company's
Europe division and chief executive of TNT Express.
Karen Reddington, the company's president of the Asia-Pacific
region for FedEx Express, will succeed Mr. Nappier in Europe, the
company said, and Kawal Preet, the senior vice president of North
and South Pacific operations for FedEx Express, will succeed Ms.
Reddington.
Mr. Graf joined the company in 1980 and became finance chief in
1998. He also served as finance chief of FedEx Express.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
March 09, 2020 18:21 ET (22:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
American Airlines (NASDAQ:AAL)
Historical Stock Chart
From Feb 2024 to Mar 2024
American Airlines (NASDAQ:AAL)
Historical Stock Chart
From Mar 2023 to Mar 2024