About FedEx

FedEx Archives: 1999 Press Releases

( BW)(TN-FEDERAL-EXPRESS)(FDX) FedEx Realigns Senior Management Team; Emphasis on Experience in Customer Relationships, International Markets

    Business Editors

    MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct. 20, 1999--Federal Express Corp. (NYSE:FDX) today announced a realignment of its senior management team to better leverage its leadership and experience in global markets and to optimize its operations and systems around customer needs. The company will create two new positions reporting directly to Chief Executive Officer-elect David J. Bronczek, 45, who was recently named to succeed current CEO Theodore L. Weise upon his retirement on Feb. 1, 2000.
    Effective Dec. 1, Michael L. Ducker, 46, currently president of the company's Asia-Pacific division based in Hong Kong, will become executive vice president, International. David F. Rebholz, 46, currently senior vice president, Domestic Ground Operations, will become executive vice president, Operations & Systems Support.
    "These actions build upon the work we began two years ago to strengthen the global network, develop business in new markets, improve operational productivity and take customer service levels to all-time highs," said Bronczek. "Our future success depends on our customers' success and this structure will help us deliver more customized solutions to meet their needs for fast-cycle sourcing and distribution in today's global marketplace."
    Ducker, who joined Federal Express in 1975, will be succeeded by David Cunningham. Cunningham, 38, currently vice president, South Pacific, and the president of FedEx divisions in Canada, Europe Middle East and Africa, and Latin America and the Caribbean will report to Ducker along with G. Edmond Clark, 45, senior vice president, Operations Support & Engineering.
    Ducker has extensive international experience with Federal Express. He assumed his current responsibilities in 1995 for overseeing the company's operations throughout Asia, the Pacific Islands and the Indian subcontinent. Prior to that, he held vice president positions in the South Pacific, and in Southern Europe. Ducker also held a variety of operations management positions throughout the United States.
    Rebholz has led customer-focused organizations throughout Federal Express. Currently, he is responsible for all Federal Express ground operations in the United States which account for about half of the entire corporation's employees. Previously, Rebholz was senior vice president, Global Sales and Trade Services with responsibilities that not only included all domestic and international sales but also worldwide customs operations. Rebholz was also vice president, Worldwide Customer Service.
    Rebholz, who joined Federal Express in 1976, will be succeeded by Kenneth L. May, 38 currently senior vice president, Air, Ground and Freight Services (AGFS). William Logue, 42, vice president National Hub Operations, will succeed May as senior vice president, AGFS. Logue, May, Donald O. Barber, 49, senior vice president, Air Operations, and Leonard B. Feiler, 44, senior vice president, Central Support Services, will report to Rebholz.
    "This new structure allows us to take better advantage of the breadth and depth of executive talent and experience at Federal Express," said Bronczek. "We will do that by enabling executives with proven track records to replicate that success on a larger scale."
    Federal Express, the worldwide leader in express transportation, is a subsidiary of FDX Corp., a $17 billion holding company. FDX provides comprehensive transportation, logistics, e-commerce and supply-chain management solutions. Other FDX Corp. operating subsidiaries are RPS Inc., a business-to-business ground small package carrier; Viking Freight Inc., a less-than-truckload carrier operating principally in the western U.S.; Roberts Express Inc., a critical-shipment carrier; and FDX Global Logistics Inc., a contract logistics provider.

     --30--KO/na* KH/na

     CONTACT:  Federal Express Corp., Memphis
               William G. Margaritis, 901/395-3490
               wgmargartis@fedex.com
               or
               Gregory M. Rossiter, 901/395-4440
               gmrossiter@fedex.com

     KEYWORD:  TENNESSEE INTERNATIONAL ASIA PACIFIC EUROPE
LATIN AMERICA AFRICA/MIDDLE EAST
     INDUSTRY KEYWORD:  TRANSPORTATION AIRLINES MANAGEMENT CHANGES