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Press Releases
Hong Kong, February 10, 1998 - Federal Express Corp. (FedEx) has promoted nine officers to senior management positions following the recent launch of FDX Corp., the new holding company for FedEx:
- David J. Bronczek, executive vice president and chief operating officer, will be responsible for the company's worldwide operations. He was formerly senior vice president, Europe, Middle East and Africa (EMEA).
- Tracy G. Schmidt, senior vice president and chief financial officer, is responsible for the financial affairs of FedEx including strategic, tactical and capital planning, as well as tax, audit, accounting and treasury services. He formerly was senior vice president, air, ground, terminals and transportation (AGT&T).
- Karen M. Clayborne, senior vice president and general counsel, leads the company's legal and regulatory affairs division. She was formerly vice president, legal.
- Bob Elliott, senior vice president, EMEA, is responsible for all FedEx operations and support functions in the region. He was formerly vice president, sales, EMEA.
- Christopher T. Hjelm, senior vice president and chief information officer, is responsible for the development and maintenance of FedEx information systems and shipping technology. He previously was vice president, worldwide revenue and clearance systems.
- Kenneth A. May, senior vice president, leads the AGT&T division, which provides FedEx sort, line haul, express freight pickup and delivery services. He was previously vice president, global operations control center.
- David B. Shoenfeld, senior vice president, marketing customer service and corporate communications, leads the company's efforts to manage its reputation and identity through advertising, internal and external communications and customer service. He previously was vice president, marketing, U.S. and Canada.
- Jon W. Slangerup, senior vice president, Canada, is responsible for all FedEx operations and support functions in Canada. He was formerly vice president, Canadian operations.
- Dianne M. Stokely, senior vice president, Latin American and Caribbean (LAC), leads all FedEx operations and support functions in that region. She was previously vice president, planning and administration, LAC.
"FedEx long has been recognized for the strength of its management team," said David Bronczek, president and chief executive officer of FedEx. "These executives have proven to be outstanding leaders in their own right, and I believe they will collectively help boost FedEx customer service and performance to new heights."
FDX Corp., a new US$15 billion holding company comprising FedEx and Caliber System, Inc., provides transportation, logistics and supply chain management solutions.
FedEx currently serves more than 30 countries and territories in the Asia Pacific market with approximately 4,800 employees. The company provides the most extensive trans-Pacific air lift of any major competitor. Operating its own wide-bodied MD-11, DC-10 and A310 aircraft, FedEx offers over 250 flights per week to the following locations: Bangkok, Beijing, Hong Kong, Kaohsiung, Kuala Lumpur, Manila, Osaka, Penang, Seoul, Shanghai, Singapore, Subic Bay, Taipei, and Tokyo, as well as destinations in the U.S.
Federal Express connects areas that generate 90 per cent of the world's gross domestic product in 24 to 48 hours with door-to-door, customs-cleared service and a money-back guarantee. The company's unmatched air route authorities and infrastructure make it the world's largest express transportation company, providing fast, reliable and time-definite transportation of 3 million items in 211 countries each working day. FedEx employs approximately 140,000 people and has more than 43,000 drop-off locations, 600 aircraft and 39,500 vehicles in its integrated global network. The company maintains electronic connections with more than 850,000 customers via FedEx PowerShip®, FedEx Ship® and FedEx interNetShipSM. Federal Express reported revenues of US$11.5 billion for its fiscal year ended May 31, 1997.
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