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FEDEX CORPORATION

(FDX)
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Fedex Corporation Announces Executive Changes

07/21/2021 | 04:17pm EDT

On July 16, 2021, John L. Merino, Corporate Vice President and Principal Accounting Officer of FedEx Corporation, informed the Company that he will retire from the Company effective December 31, 2021. Mr. Merino will step down from his position as Principal Accounting Officer, effective September 30, 2021, and will remain employed by the Company as Corporate Vice President and Senior Advisor – Finance from October 1, 2021 until his retirement on December 31, 2021. There were no changes to Mr. Merino’s compensation made as a result of his change in role and retirement. On July 19, 2021, the Board of Directors of FedEx appointed Jennifer L. Johnson as Corporate Vice President and Principal Accounting Officer – Elect of the Company, effective August 1, 2021, and Corporate Vice President and Principal Accounting Officer of the Company, effective October 1, 2021. Ms. Johnson, 48, is currently Staff Vice President and Corporate Controller of the Company, a position she has held since October 2015. Ms. Johnson was Vice President – Accounting of FedEx Corporate Services Inc. from 2013 to 2015. Prior to that, Ms. Johnson held various positions in the financial reporting group at FedEx from 2005 through 2013, including Staff Director – Financial Reporting from 2011 through 2013.


ę S&P Capital IQ 2021
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Analyst Recommendations on FEDEX CORPORATION
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Financials (USD)
Sales 2022 90 999 M - -
Net income 2022 5 504 M - -
Net Debt 2022 13 567 M - -
P/E ratio 2022 12,2x
Yield 2022 1,21%
Capitalization 66 761 M 66 761 M -
EV / Sales 2022 0,88x
EV / Sales 2023 0,82x
Nbr of Employees 477 000
Free-Float 77,6%
Chart FEDEX CORPORATION
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FedEx Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends FEDEX CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Last Close Price 250,80 $
Average target price 341,25 $
Spread / Average Target 36,1%
EPS Revisions
Managers and Directors
Frederick Wallace Smith Chairman & Chief Executive Officer
Rajesh Subramaniam President, Chief Operating Officer & Director
Michael C. Lenz Chief Financial Officer & Executive Vice President
Robert B. Carter Chief Information Officer
Shirley Ann Jackson Independent Director
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