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About FedEx
FedEx Archives: 2003 Press Releases
FedEx Corp. Elects Two New DirectorsMEMPHIS, Tenn.--(BUSINESS WIRE)--June 9, 2003--The Board of Directors of FedEx Corp. (NYSE: FDX) has elected August A. Busch IV and John A. Edwardson to the Board. Busch and Edwardson will serve in the class of directors for which the term in office expires at the 2003 annual meeting of stockholders. The Board of Directors has appointed Busch as a member of its Compensation Committee and Edwardson as a member of its Audit Committee. With the addition of Busch and Edwardson, the FedEx Board now has 14 members. "We are delighted to welcome August IV and John to our Board of Directors," said Frederick W. Smith, chairman, president and chief executive officer of FedEx Corp. "August IV's creativity and marketing experience with one of the world's most-recognized brands and John's leadership skills, financial and technological expertise and airline industry experience will strengthen the quality and independence of the FedEx Board." Busch is president of Anheuser Busch, Inc., the U.S. brewing subsidiary of Anheuser-Busch Companies, Inc. (NYSE: BUD) and the world's largest brewing organization. He is also a member of the Anheuser-Busch Companies, Inc. strategy committee. He previously served as group vice president-marketing and wholesale operations of Anheuser-Busch Companies, Inc. and has been with the company for more than 18 years. He earned a bachelor's degree in finance and a master's of business administration from St. Louis University. Edwardson is chairman and chief executive officer of CDW Computer Centers, Inc. (NASDAQ: CDWC), a FORTUNE 500 company and a leading provider of technology products and services for businesses, government agencies and educational institutions. He previously served as chairman, president and chief executive officer of Burns International Services Corporation, which was acquired by Securitas AB in September 2000. Prior to that, he was president and chief operating officer of UAL Corporation and United Airlines, and previously served as executive vice president and chief financial officer of Ameritech Corporation. He earned a bachelor's degree in industrial engineering from Purdue University and a master's of business administration degree from the University of Chicago. About FedEx With annual revenues of $22 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, a provider of customs clearance, international freight forwarding and trade facilitation. FedEx ranked highest in J.D. Power and Associates' 2002 Small Package Delivery Service Business Customer Satisfaction Study(SM) in the categories of air, ground and international delivery services. NOTE TO EDITORS: Press releases and additional information about FedEx Corp. and its operating companies can be found on the World Wide Web at http://www.fedex.com. --30--JB/na*
CONTACT: FedEx Corp., Memphis
Media Contact: Shirlee Clark, 901/818-7463
or
Investor Contact: Jim Clippard, 901/818-7468
KEYWORD: TENNESSEE
INDUSTRY KEYWORD: TRANSPORTATION AIRLINES MANAGEMENT CHANGES
SOURCE: FedEx Corp.
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