FedEx Ground CEO Maier announces retirement, company’s freight chief to fill top job

FedEx Ground CEO Henry Maier is retiring from the Memphis-based logistics big after 35 years and shall be changed with FedEx’s top freight government, the corporate mentioned on Tuesday.

FedEx Freight CEO John Smith will grow to be the brand new president and “CEO-elect” of FedEx Ground starting March 1 and can totally take over the function on June 1, in accordance to a press release from the corporate. Maier will stay with the corporate as an advisor till the tip of July to “help ensure a smooth transition of responsibilities.”

Maier has been the main government at FedEx Ground, which is chargeable for the company’s e-commerce shipments, since June 2013. Under Maier’s management, FedEx rapidly ramped up its community final yr after the coronavirus pandemic and subsequent stay-at-home orders introduced on a wave of residential bundle deliveries.

“Henry has helped steer tremendous growth across our commercial and e-commerce portfolio,” FedEx’s COO Raj Subramaniam mentioned in a press release. “Under his leadership, FedEx Ground revenue has more than doubled, with a focus on automation and speed as distinct competitive advantages.”

Incoming FedEx Ground CEO Smith joined FedEx in 2000 and has since served in numerous management positions on the company’s freight division, in accordance to the assertion. Smith shall be changed with Lance Moll, FedEx Freight’s senior vp for operations, starting March 1.

“John is a tremendous leader with extensive transportation experience and a track record of driving growth and innovation,” Subramaniam mentioned. “I have full confidence that under his leadership, FedEx Ground will continue to grow profitably and offer our customers the best commercial and e-commerce solutions in the industry.”