The Board of Directors may, from time to time, establish or maintain additional committees as necessary or appropriate. Read more in Raj's latest LinkedIn article. The Legal Department shall then assess whether the proposed change is material for purposes of this policy, and if so, the change shall be presented to the Committee for review and preapproval pursuant to this policy. The Company's bylaws require that the Board obtain stockholder approval prior to adopting a poison pill unless the Board, including a majority of the independent members of the Board, in the exercise of its fiduciary responsibilities, determines that, under the circumstances then existing, it would be in the best interests of the Company and its stockholders to adopt a poison pill without prior stockholder approval. In determining whether the Audit and Finance Committee, the General Counsel, or CCO should be responsible for investigating such Report, the Audit and Finance Committee will consider all relevant facts and circumstances, including the identity of the alleged wrongdoer, the gravity of the alleged wrongdoing, and the likelihood of a material adverse effect on FedExs reputation or financial statements. He was a partner at Phelps Dunbar L.L.P., a law firm, from 1990 to 2000.
6. . Anyone who is found to have retaliated against a person who has reported a violation in good faith or assisted in an investigation will be subject to discipline, up to and including termination. Each member of the Audit and Finance Committee, Compensation and Human Resources Committee, and Governance, Safety, and Public Policy Committee will meet the applicable independence and qualification requirements of the New York Stock Exchange, the Securities Exchange Act of 1934, and any other applicable law. Mr. Quintana has been a director of the Company since 2006. During his more than 30-year tenure with FedEx, Mr. Subramaniam has served in a multitude of leadership roles, including Chief Operating Officer of FedEx Corporation, President and Chief Executive Officer of FedEx Express, the worlds largest express transportation company, and Executive Vice President and Chief Marketing and Communications Officer of FedEx Corporation. Communications with Board Members. If you know about waste, fraud, abuse, misconduct, or whistleblower reprisal relating to a Department of Justice (DOJ) employee, program, contract, or grant you may report it to the OIG through the following: Mailing Address: U.S. Department of Justice Office of the Inspector General Inspections Division 1425 New York Avenue, N.W. Article first published on December 11, 2020. if the transaction is a charitable contribution or pledge to a tax-exempt organization, such person's position as a trustee, fiduciary, director, or officer of the organization so long as (i) the contributions have not exceeded, and are not expected to exceed, within any one year one percent (1%) (or $250,000, whichever is greater) of the organization's consolidated gross revenues for such year, and (ii) such person does not receive any special benefit from the transaction. public company board. Mr. Walsh was Chairman, President and Chief Executive Officer of The Pillsbury Company, a wholly owned subsidiary of Diageo plc, from 1996 to 2000, and Chief Executive Officer of The Pillsbury Company from 1992 to 1996. Recommendation of Director Candidates by Stockholders. The Corporate Secretary of the Company will review all such correspondence and regularly forward to the Board a summary of all such correspondence and copies of all correspondence that, in the opinion of the Corporate Secretary, deals with the functions of the Board or its committees or that he or she otherwise determines requires the attention of any member, group, or committee of the Board of Directors. Vice Admiral Norton is the retired Director of the Defense Information Systems Agency (DISA), a U.S. Department of Defense combat support agency, and commander, Joint Force Headquarters Department of Defense Information Network, positions she held from February 2018 through February 2021 after serving as Vice Director of DISA from August 2017 through February 2018. His international leadership experience, keen business insights, and focus on globalization have contributed to the success of FedEx and provide a blueprint as the company revolutionizes the transportation and logistics industry. If the Chairman of the Board is the Chief Executive Officer, an Executive Chairman, or another director who does not satisfy the Boards standards for determining director independence attached hereto as Appendix B, the chairperson of the Governance, Safety, and Public Policy Committee will be the Lead Independent Director and will have the following responsibilities and authority: The Companys bylaws provide that a Vice Chairman of the Board shall exercise the powers and perform the duties of the Chairman of the Board when the Chairman of the Board is not present. FedEx supports an environment where you can raise concerns without fear of retaliation and with confidence that the matter will be addressed. We have updated our list of supported web browsers. Involvement only in activities or interests that do not conflict with the director's responsibilities to the Company and its stockholders. "We are pleased to again increase our quarterly dividends . He has served as Chairman since June 2021 and President and Chief Executive Officer since July 2018. such person's position as a director of another corporation or organization that is a party to the transaction; the direct or indirect ownership by such person and all other related persons, in the aggregate, of less than a ten percent equity interest in another person (other than a partnership) which is a party to the transaction; or both such position and ownership; such person's position as a limited partner in a partnership in which the person and all other related persons, in the aggregate, have an interest of less than ten percent, and the person is not a general partner of and does not hold another position in the partnership; such person's position as an officer (or as an officer and director) of another corporation or organization that is a party to the transaction so long as (i) transaction payments have not exceeded, and are not expected to exceed, within any one year one percent (1%) (or $1 million, whichever is greater) of the consolidated gross revenues of either FedEx or the other organization for such year, (ii) such person does not receive any special benefit from the transaction, and (iii) such person and all other related persons, in the aggregate, do not have a ten percent (10%) or more beneficial ownership interest in the other organization; or. Mr. Ellison served as Chairman of J. C. Penney Company, Inc., an apparel and home furnishings retailer, from August 2016 until May 2018, and Chief Executive Officer from August 2015 through May 2018. MIRAMAR, Fla., Sept. 24, 2019 (GLOBE NEWSWIRE) -- Spirit Airlines (NYSE: SAVE) announced today that its Board of Directors had appointed Christine P. Richards and Mark B. Dunkerley as its. The Company's bylaws provide that the Board of Directors shall consist of not more than fifteen members (with the exact number to be determined by the Board). Independence and Qualification. Physical Address to Send Mail Directly to Fred Smith FedEx Corporation, 942 South Shady Grove Road, Memphis, TN 38120 Contact the Executive Assistant to Fred Smith If you want to contact the office of Fred Smith, but not him directly, you can contact his assistant. Please avoid posting general inquiries or messages at this email. Security Department The FedEx Security Department is also an option for reporting certain issues, such as theft, workplace violence, and security/facility breaches. If a director or an immediate family member of a director of FedEx Corporation has a direct or indirect material interest in the proposed transaction, the transaction shall also be reviewed and preapproved by the full Board of Directors of FedEx Corporation, and the interested director shall not participate in any recommendation or decision regarding the transaction. We prohibit retaliation for reporting concerns in good faith. The proceedings and deliberations of the Board of Directors and its committees and advisers are confidential. Before that, he worked as a journalist and served as Senior Editor, Foreign Editor and then Assistant Managing Editor of TIME Magazine from 1995 to 2003. Reporting fraud, waste or violations related to federal contracting, Whistleblower Information for Government Contractors. The absence of term limits allows the Company to retain Board members who have been able to develop, over a period of time, increasing insight into the Company and its operations and, therefore, provide an increasing contribution to the Board as a whole. Formal Evaluation of Executive Management. He was previously a director of Avanti Communications Group PLC,Bespoke Capital Acquisition Corp.,Centrica plc,Compass Group PLC,Diageo plc, HSBC Holdings plc, Ontex Group NV, Pace Holdings Corp., RM2 International S.A., TPG Pace Holdings Corp., and Unilever PLC. The chairperson of each Board committee will report the results of his or her committee's evaluation to the Board of Directors and identify opportunities to improve the effectiveness of the committee. Confidential Voting. The bylaws provide that the Board shall not change this majority-voting standard to a plurality-voting standard without stockholder approval. Pooja loves to write about board of directors and their salary, compensation, responsibilities, power, etc. Mr. Martin is Chairman of RBM Ventures, a private investment company, a position he has held since 2007. MEMPHIS, TN, August 8, 2022 FedEx Corporation (NYSE: FDX) announced today that retired Navy Vice Admiral Nancy A. Norton and Stephen E. Gorman have been nominated for election to the FedEx Board of Directors at the FedEx Corporation Annual Meeting of Stockholders on September 19, 2022.
Ambassador Schwab is currently Professor Emerita at the University of Maryland School of Public Policy, a position she has held since June 2020. CEOs understand that consumers like to feel important. Rocketreach finds email, phone & social media for 450M+ professionals.
Subramaniam is responsible for spearheading the current global transformation of FedEx, which includes revitalizing the company's operating strategy, profitably growing the e-commerce business, and harnessing the power of global supply chain data to drive the company's digital transformation. He earned a bachelor's degree in chemical engineering from the Indian Institute of Technology (IIT), a master's degree in chemical engineering from Syracuse University, and a master's degree in business administration from The University of Texas at Austin. He served as Managing Director of Kissinger Associates from 2006 to 2011. Whistleblowers are protected from retaliation regardless of whether they choose to report within FedEx or to the U.S. Government. FedEx Corporation Board Declares Quarterly Dividend. For such matters, please refer to the DOJ Equal Employment Opportunity Office, website https://justice.gov/jmd/eeos. The FedEx Alert Line allows for anonymous reporting (unless the laws of your country prohibit anonymous reporting) and you may request to remain anonymous when making reports through channels other than the Alert Line. Chattanooga, Tenn. (Sept. 9, 2020) U.S. Xpress Enterprises, Inc. (NYSE: USX) has elected Michael Ducker, former President & CEO of FedEx Freight, to its eight-member board of directors. In connection with their review of a proposed related person transaction or material change to an existing related person transaction, the Committee and the Board of Directors shall be informed of all material facts and circumstances regarding the transaction or change and may consider any information or factors that they deem relevant in deciding whether to grant the necessary preapproval. Prior to joining Weebly in November 2015, she served as Chief Financial Officer of Path, Inc. and as Vice President of Finance at Lytro, Inc., both early-stage technology companies. She is the former Chief Operating Officer of BMO U.S. for BMO Financial Group. For such matters, please refer to the DOJ Equal Employment Opportunity Office, website, https://esims01.prod.cloud.fedex.com:8004/esims-webapp/wpvp, https://oig.justice.gov/hotline/whistleblower-protection.htm, the receipt, retention, and treatment of complaints or concerns received by FedEx Corporation and its subsidiaries (collectively, FedEx) regarding financial fraud or accounting, internal accounting controls, or auditing matters; and. Such other duties as may be prescribed by the Board of Directors from time to time. Mailing Address and Phone Number Mr. Ramo is currently Chairman and Chief Executive Officer of Sornay, LLC, a strategic advisory firm, a position he has held since January 2021. After few years of struggle, the company booked huge profits in the year 1976 and since then there is no looking back for the company. 1x for Presidents and Chief Executive Officers of non-core companies, Corporate Vice Presidents of FedEx Corporation, and Senior Vice Presidents of core companies. (4) Owned by a family trust. Mr. Martin wasformerly the Chairman of the Board of Chesapeake Energy Corporation, a position he held from October 2015 to February 2021. The new rate of 36.5 cents per common share, or $1.46 per share on an annual basis, will be effective with the dividend expected to be paid in the third quarter of 2023. For further information about whistleblower rights and protections, please see the Whistleblower Protection page on the OIGs website at:, Note: The OIG does not have authority to investigate EEO complaints. In the age of the empowered consumer, unlimited access is not just a customer expectation. A management director
When you speak up, you support our ethical culture and protect others by allowing FedEx to address the concern. Open Door Policy Your manager is typically in the best position to address your concerns; therefore, we encourage FedEx team members to contact their managers first. Additionally, independent legal, accounting, or other advisors may be retained as necessary or appropriate. Board members may at any time review a log of all correspondence received by the Company that is addressed to Board members and request copies of any such correspondence. Once the Board of Directors, upon the recommendation of the Governance, Safety, and Public Policy Committee, determines to elect or nominate a new Board member, the formal invitation to the prospective Board member to join the Board of Directors will be extended, on behalf of the Board, by the Chairman of the Board. United Parcel Service Board of Directors Compensation, and Salaries . Committees:
We recommend using one of the following browsers to access this site. In addition, the Board believes that it is Company management's responsibility to speak for the Company. Accordingly, absent a compelling and publicly disclosed reason, no Board member who fails to receive a majority vote will remain in office. The highest level of personal and professional ethics, integrity, and values; Broad training and experience at the policy-making level in business, finance and accounting, government, education, or technology; Expertise that is useful to the Company and complementary to the background and experience of other Board members, so that an optimal balance of Board members can be achieved and maintained; Willingness to devote the required time to carrying out the duties and responsibilities of Board membership; Commitment to serve on the Board for several years to develop knowledge about the Company's business; Willingness to represent the best interests of all stockholders and objectively appraise management performance; and. responsibilities. Reports are treated confidentially and, where allowed by law, can be made anonymously. FedEx Alert Line Concerns can also be reported to the FedEx Alert Line by calling a toll-free telephone number or by completing an online questionnaire. The Board of Directors will have a majority of members who are independent and who meet the applicable independence requirements of the New York Stock Exchange, the Securities Exchange Act of 1934, and any other applicable law. The procedures set forth in this policy relate to complaints and concerns regarding: Any of the above complaints or concerns are considered a Report under this policy. A transaction in which the rates or charges involved in the transaction are determined by competitive bids; A transaction involving the rendering of services as a common or contract carrier, or public utility, at rates or charges fixed in conformity with law or governmental authority; or. If you want to contact the office of Fred Smith, but not him directly, you can contact his assistant. (Photo: Business . What Should be Reported You should report misconduct that violates the FedEx Code of Conduct, or any other unsafe, unethical, or unlawful behavior. However, we do not disclose your identity to the implicated party unless required by law to do so. He also serves on the Board of Councilors for The Carter Center and is a member of the United States Golf Association Executive Committee.
The Memphis-based shipping and logistics giant recently released a proxy statement for its upcoming annual stockholders meeting scheduled for Monday, Sept. 24, which provided an in-depth look at. The decision of any member to whom such authority is delegated shall be reported to the full Committee at its next scheduled meeting. Prior to Google, Ms. Jabal spent two years at Goldman Sachs in technology investment banking and eight years with Accenture working in information technology. He was Chairman, President, and Chief Executive Officer of FedEx Express from 1983 to 1998, Chief Executive Officer of FedEx Express from 1977 to 1998, and President of FedEx Express from 1971 to 1975. From June 2002 to August 2008, he served in a variety of operational roles at The Home Depot, including as President Northern Division and as Senior Vice President Global Logistics. Lane previously served as a Managing Director at Salomon Brothers, Inc., where she founded and led the retail industry investment banking unit. The Board of Directors, upon the recommendation of the Governance, Safety, and Public Policy Committee, will annually appoint committee members and chairpersons. An email address, fax number, telephone number, and a physical address are all available if you want to get a message to CEO Fred Smith. SM Energy Company (the "Company") announced today that, consistent with the succession plans previously disclosed in the Company's proxy statement, the Board of Directors of the Company has appointed Julio Quintana as Chairman of the Board of Directors. The company was founded by Frederick Wallace Smith in 1971. The company has since grown into a global enterprise that serves more than 220 countries and territories. While it may often be entirely appropriate for the Committee and the Board to preapprove a related person transaction or a material change to an existing related person transaction, they shall not preapprove any such transaction or change that would: (a) interfere with the objectivity and independence of any related person's judgment or conduct in carrying out his or her duties and responsibilities to FedEx, (b) not be fair as to FedEx, or (c) otherwise be opposed to the best interests of FedEx Corporation and its stockholders. Nothing in a non-disclosure agreement should be interpreted as limiting your ability to provide information to the OIG. During at least one meeting each
Communicate with stockholders of the Company, as appropriate, if requested by such stockholders. Board members should not sit on more than three other public company boards, and Board
In addition to regularly scheduled meetings, special Board meetings
Accordingly, the Board has established a goal that (a) each non-management Board member own Company shares valued at five times his or her annual retainer fee within five years after joining the Board and (b) within five years after being appointed to his or her position, each member of senior management own Company shares valued at the following multiple of his or her annual base salary: For purposes of meeting this goal, unvested restricted stock is counted, but unexercised stock options are not. The Board believes that the Company is currently well served by having the Companys founder serve as Executive Chairman and Chairman of the Board.
May 24, 2023.
Committee Meeting Rules and Procedures. Includes 2,361 shares held in FedEx's retirement savings plan. From August 2008 through October 2014, Mr. Ellison served as Executive Vice President U.S. Stores of The Home Depot, Inc., a home improvement specialty retailer. Every team member is responsible for helping prevent such activities. Assignment of Committee Members and Designation of Committee Chairpersons. She was Dean of the University of Maryland School of Public Policy from 1995 to 2003. While this Policy provides globally applicable guidance on reporting concerns and non-retaliation, each FedEx Operating Company or International Region may also implement local policies or procedures to comply with local laws or to effectively implement this Policy. Board Leadership; Chief Executive Officer. Confidentiality; Interaction with Institutional Investors, Press, Customers, and Other Stakeholders. She was Assistant Secretary of Commerce for the U.S. and Foreign Commercial Service from 1989 to 1993. retaliation against employees or contractors who, in good faith, make reports regarding any of the foregoing items. Please avoid posting general inquiries or messages at this email. Ms. Lane currently serves as a director of NextEra Energy, Inc. and TJX Companies Inc. Ms. Lane was a Managing Director and Group Leader of the Global Retailing Investment Banking Group at Merrill Lynch & Co., Inc., from 1997 until her retirement in 2002. We recommend using one of the following browsers to access this site. When to Report a Concern You should report a concern as soon as an issue is reasonably suspected or known. chairperson of the Governance, Safety, and Public Policy Committee in advance of accepting an
Looking for his net worth? Overview This Policy applies to every officer, director, and employee (collectively, team member) of FedEx Corporation and its subsidiary companies throughout the world (FedEx). Responsibilities with Respect to Specified Reports. Reports can be made confidentially and anonymously, 24 hours a day, seven days a week as follows: FedEx Corporation Attn: Executive Vice President, General Counsel and Secretary 942 South Shady Grove Road Memphis, Tennessee 38120. The Board will continue to monitor the applicable independence requirements of the New York Stock Exchange and any other law and will ensure that these standards of director independence continue to be consistent with those requirements. The entire Board will work with the Governance, Safety, and Public Policy Committee and the Chief Executive Officer to evaluate potential successors to the Chief Executive Officer and other members of executive management. the confidential, anonymous submission by FedExs employees and contractors throughout the world of complaints or concerns regarding financial fraud or questionable accounting or auditing matters. In addition, under theNational Defense Authorization Act of 2013 (NDAA), it is illegal for an employee of a Federal contractor, subcontractor, or grantee to be discharged, demoted, or otherwise discriminated against for making a protected whistleblower disclosure. AMAT 5. We are committed to ensuring those who want to speak up have appropriate channels to report such concerns and are protected from retaliation., Policy Custodian: FedEx Chief Compliance Officer Policy Adopted Effective: 1 May 2022. Well, we got you covered here as in this section you can get information about CEO Mr. Frederick W Smiths Net Worth, his total compensation as CEO and Chairman of FedEx Corporation, educational background and more. Ms. Griffith held several managerial positions in the Claims division before being named Chief Human Resources Officer in 2002. Here is the official detail of FedEx CEO Frederick Smith Email Address: frederick.smith@fedex.com. To help us maintain the highest standards of business ethics, it is important for our team members to speak up and raise questions and concerns about potential integrity, compliance, environmental, health, or safety issues. Employees of Department of Justice contractors, subcontractors, and grantees perform an important service by reporting what they reasonably believe to be evidence of wrongdoing. By speaking up, you are preserving the FedEx culture and protecting others., If you learn of any illegal, unethical, unsafe or other improper activity, report it to a member of management, Human Resources or the Legal Department or contact the FedEx Alert Line., Summary:To help us maintain the highest standards of business ethics, we need individuals to speak up and raise questions and concerns about potential improper, illegal, or unethical behavior. Note that Internet Explorer is no longer supported. The term "indirect interest" of a person in a transaction is an interest that arises from the person's position or relationship with a corporation, firm, or other entity that has a direct interest in the transaction. Prior to any change to an existing related person transaction, the related person and FedEx employees with knowledge of the proposed change and the interest shall provide notice to the Legal Department of all known material facts and circumstances regarding the change, including any change to the amount involved. Chairman, President and Chief Executive Officer, Former Managing Director and Group Leader, Executive Chairman and Chairman of the Board, Policy on recoupment of incentive compensation, Policy on limitation of severance benefits. FedEx Corporate Overview. Committees:Member of Cyber and Technology OversightMember of Governance, Safety, and Public Policy. The Department of Justice Office of the Inspector General (DOJ OIG) has jurisdiction to investigate allegations of reprisal for whistleblowing by employees of DOJ contractors, subcontractors, and grantees.Information on how to report suspected reprisal to the OIG is available at: https://oig.justice.gov/hotline/. Lets take a quick look at the breakup of this total compensation.
and Public Policy Committee), including a change in his or her principal employment or job
Why FedEx's CEO Doesn't Mind Being Contacted, It's Easy to Contact the CEO of Starbucks Kevin Johnson, Strong FedEx Employee, Customer Response to Customer Service Complaint, How to Introduce Yourself in an Email (With Examples), New Business Congratulations Letter and Email Examples, Make Social Media Work for Your Food Business, The Best and Worst Times for Posting on LinkedIn, 10 Ways to Get Word of Mouth for Your Business, 9 Ways to Get the Local Media Interested in Your Nonprofit Story, FedEx Corporation,942 South Shady Grove Road,Memphis, TN 38120, Carmine Echols: Phone 901-369-3600 or email executiveservices@fedex.com. The FedEx Alert Line service provider is required to share promptly the information provided in the Report with the General Counsel, CCO, or his or her respective designee and the FedEx Corporation Internal Audit Department. The Company will not reprice stock options for any reason (including, without limitation, by canceling an outstanding option and replacing such option with a new option with a lower exercise price). Because credit unions are not-for-profit cooperatives, RCU's board is composed of RCU members who serve . In this position, Mr. Subramaniam provides strategic direction for the FedEx portfolio of operating companies. She is a former director of SVB Financial Group. The following definitions apply for purposes of this policy: A Board member will be considered independent only if the Board affirmatively determines that the Board member has no direct or indirect material relationship with the Company, other than as a Board member. Unum Group (NYSE:UNM) announced today its board of directors has authorized an increase of more than 10 percent in the quarterly dividend paid on its common stock. Boards responsibilities. If you wish to make a whistleblower disclosure or report reprisal for doing so outside DOJ, you may contact the U.S. Office of Special Counsel, website https://osc.gov. For doctors: Online License Renewal System An email containing your license renewal certificate will arrive within an hour of your successful completion of the renewal process (link available 10/1/2022 - 12/31/2022). All managers are responsible within their teams for enforcement and compliance with this Policy, including its communication to their team members. The Company's bylaws also address the so-called "holdover" rule of Delaware law, under which an incumbent director who fails to receive the required votes for reelection remains in office until his or her disqualification, death, resignation, or removal.
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