FedEx Announces Leadership for Independent FedEx Freight Company Upon Separation

FedEx Corp. (NYSE: FDX) announced today several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division. John A. Smith, chief operating officer, U.S. and Canada, of Federal Express, has been selected to serve as the president and CEO of FedEx Freight, and R. Brad Martin, vice chairman of the FedEx Corp. board of directors, has agreed to serve as chairman of the board of FedEx Freight. Both appointments will be effective upon completion of the previously announced separation of FedEx Freight from FedEx Corp. Plans for the spin-off, which is expected to occur by June 2026, remain on track.

“I cannot think of two individuals with more knowledge of, or commitment to, the long-term success of the FedEx Freight business than John Smith and Brad Martin,” said Raj Subramaniam, president and CEO of FedEx Corp. “Together they have the track record and expertise to successfully lead this new and exciting chapter for the independent FedEx Freight company.”

Prior to the separation, Smith will continue in his current role, which includes leadership of the FedEx Freight business in addition to U.S. and Canada ground operations of Federal Express. He has been a member of the FedEx Freight team (and its predecessor companies) for 25 years of his more than 30 years in the industry. From 2018 until 2021, as president and CEO of the FedEx Freight business, Smith successfully grew the company’s revenue and operating income while safely navigating the team through the challenging dynamics associated with the pandemic.

Martin chairs the FedEx Corp. Audit and Finance Committee and led the board’s strategic analysis of the FedEx Freight business that resulted in the separation decision. It is expected that he will remain on the FedEx Corp. board of directors while also serving as chairman of the board of the new FedEx Freight entity.

The company previously appointed Tom Connolly as vice president of LTL Sales. With more than 30 years of industry experience, Connolly is leading the expansion of FedEx Freight’s dedicated LTL salesforce.

Additional biographical information:

John A. Smith: https://www.fedex.com/en-us/about/leadership/john-a-smith.html

R. Brad Martin: https://investors.fedex.com/governance/board-of-directors/default.aspx

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.