{"id":764895,"date":"2023-06-20T16:24:20","date_gmt":"2023-06-20T20:24:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/"},"modified":"2023-06-20T16:24:20","modified_gmt":"2023-06-20T20:24:20","slug":"fedex-corp-chief-financial-officer-mike-lenz-to-retire","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/","title":{"rendered":"FedEx Corp. Chief Financial Officer Mike Lenz to Retire"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>FedEx Corp. Chief Financial Officer Mike Lenz to Retire<\/b><\/p>\n<p>MEMPHIS, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFedEx Corporation (NYSE: FDX) announced today that Michael C. Lenz will retire as Executive Vice President and Chief Financial Officer effective July 31, 2023. An external search is underway for his successor. Lenz will serve as a Senior Advisor at FedEx until Dec. 31, 2023, to help ensure a smooth transition.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230620445836\/en\/1823872\/4\/lenz_mike_-7_51360389250_o.jpg\" alt=\"(Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">(Photo: Business Wire)<\/p>\n<\/div>\n<p>\n\u201cOn behalf of the entire FedEx team, I want to thank Mike for his 18 years of dedicated service to the company,\u201d said Raj Subramaniam, FedEx Corp. president and chief executive officer. \u201cMike has successfully led our finance organization for the past three years while helping the company navigate a period of significant change. We are grateful for his dedication and tireless work. He is leaving FedEx well positioned for the future as we continue to execute on our transformation.\u201d<\/p>\n<p>\nFedEx has begun a comprehensive external search for his replacement with a focus on identifying a successor who combines deep financial expertise with strong operational capabilities.<\/p>\n<p>\nLenz was named CFO in March 2020 and helped lead the company through the global pandemic. His leadership also helped lay the groundwork for the upcoming consolidation of the company\u2019s core operating companies into one FedEx.<\/p>\n<p>\n\u201cI am grateful to the FedEx leadership team for the honor and privilege to serve as CFO during this pivotal time in the company\u2019s history,\u201d Lenz said. \u201cFedEx is well positioned for the tremendous opportunities ahead, and I want to thank the entire FedEx team for their hard work and unwavering commitment to lead us here. I have immense optimism for the bright future of this extraordinary company, and I look forward to supporting a smooth transition for my successor.\u201d<\/p>\n<p>\nLenz joined FedEx in 2005 as Vice President of Finance at FedEx Office. He became Staff Vice President of Strategic Finance at FedEx Corporation in 2010, followed by a promotion to Corporate Vice President and Treasurer in 2012. Prior to joining FedEx, Lenz worked at American Airlines and Boeing.<\/p>\n<p><b>Corporate Overview<\/b><\/p>\n<p>\nFedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $90 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally as one FedEx. Consistently ranked among the world&#8217;s most admired and trusted employers, FedEx inspires its more than 530,000 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.fedex.com%2Fen-us%2Fabout.html&amp;esheet=53426038&amp;newsitemid=20230620445836&amp;lan=en-US&amp;anchor=fedex.com%2Fabout&amp;index=1&amp;md5=6bfcb78c3c151a53dfe70f15f1be0fea\">fedex.com\/about<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230620445836r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<\/b> Rachael Simmons, 901-434-8100<br \/>\n<br \/><b>Investor Contact:<\/b> Mickey Foster, 901-818-7468<\/p>\n<p><b>KEYWORDS:<\/b> Tennessee United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Trucking Rail Air Transport Logistics\/Supply Chain Management Other Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230620445836\/en\/827809\/3\/Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230620445836\/en\/1823872\/3\/lenz_mike_-7_51360389250_o.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">(Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FedEx Corp. Chief Financial Officer Mike Lenz to Retire MEMPHIS, Tenn.&#8211;(BUSINESS WIRE)&#8211; FedEx Corporation (NYSE: FDX) announced today that Michael C. Lenz will retire as Executive Vice President and Chief Financial Officer effective July 31, 2023. An external search is underway for his successor. Lenz will serve as a Senior Advisor at FedEx until Dec. 31, 2023, to help ensure a smooth transition. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/ (Photo: Business Wire) \u201cOn behalf of the entire FedEx team, I want to thank Mike for his 18 years of dedicated service to the company,\u201d said Raj Subramaniam, FedEx Corp. president and chief executive officer. \u201cMike has successfully led our finance organization for the past three &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FedEx Corp. Chief Financial Officer Mike Lenz to Retire&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764895","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FedEx Corp. Chief Financial Officer Mike Lenz to Retire - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FedEx Corp. Chief Financial Officer Mike Lenz to Retire - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FedEx Corp. Chief Financial Officer Mike Lenz to Retire MEMPHIS, Tenn.&#8211;(BUSINESS WIRE)&#8211; FedEx Corporation (NYSE: FDX) announced today that Michael C. Lenz will retire as Executive Vice President and Chief Financial Officer effective July 31, 2023. An external search is underway for his successor. Lenz will serve as a Senior Advisor at FedEx until Dec. 31, 2023, to help ensure a smooth transition. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/ (Photo: Business Wire) \u201cOn behalf of the entire FedEx team, I want to thank Mike for his 18 years of dedicated service to the company,\u201d said Raj Subramaniam, FedEx Corp. president and chief executive officer. \u201cMike has successfully led our finance organization for the past three &hellip; Continue reading &quot;FedEx Corp. 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View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230620445836\/en\/ (Photo: Business Wire) \u201cOn behalf of the entire FedEx team, I want to thank Mike for his 18 years of dedicated service to the company,\u201d said Raj Subramaniam, FedEx Corp. president and chief executive officer. \u201cMike has successfully led our finance organization for the past three &hellip; Continue reading \"FedEx Corp. Chief Financial Officer Mike Lenz to Retire\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-20T20:24:20+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230620445836\/en\/1823872\/4\/lenz_mike_-7_51360389250_o.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-corp-chief-financial-officer-mike-lenz-to-retire\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"FedEx Corp. 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