FedEx elects R. Brad Martin as Chairman after passing of founder Fred Smith

In a regulatory filing, FedEx (FDX) stated: “FedEx Corporation announced with deep sadness that Frederick W. Smith, the company’s founder and Executive Chairman and Chairman of the FedEx Board of Directors, had passed away on June 21, 2025. In light of Mr. Smith’s passing, on June 23, 2025, the Board reduced the size of the Board to twelve members and elected R. Brad Martin, who previously served as Vice Chairman of the Board, as Chairman of the Board effective June 23, 2025. Mr. Martin will continue to serve as Chairman of the Audit and Finance Committee of the Board. The Board, executive leadership team, and employees of FedEx extend their deepest condolences to Mr. Smith’s family and express profound gratitude for his vision, leadership, and extraordinary contributions to FedEx, the country, and the world.”