FedEx Ground president and CEO to retire in July

MEMPHIS, Tenn. — FedEx Corp. has announced that Henry J. Maier, president and CEO, FedEx Ground, will retire July 31.

John A. Smith, president and CEO, FedEx Freight, will be the new president and CEO, FedEx Ground and Lance D. Moll has been named the next president and CEO, FedEx Freight.

Maier joined FedEx more than 35 years ago in 1986. He has more than 40 years in the transportation industry.

He held a series of leadership positions in logistics, sales, and marketing before becoming president and CEO, FedEx Ground, in June 2013.

“Henry has helped steer tremendous growth across our commercial and e-commerce portfolio,” said Raj Subramaniam, president and COO, FedEx Corp. “Under his leadership, FedEx Ground revenue has more than doubled, with a focus on automation and speed as distinct competitive advantages. I am incredibly appreciative of Henry’s service to FedEx and wish him well as he begins this next chapter.”

Smith will become president and CEO-elect, FedEx Ground, effective March 1 and will assume the role June 1, and Maier will remain at FedEx Ground as an Executive Advisor through July to help ensure a smooth transition of responsibilities, a release stated.

“John is a tremendous leader with extensive transportation experience and a track record of driving growth and innovation,” Subramaniam said. “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.”

“Lance has demonstrated a thorough knowledge of the LTL industry along with a strategic mindset for the future,” Subramaniam said. “At FedEx, we are fortunate to have a deep bench of leaders. With these two appointments, we are in a position to continue to grow both of these operating companies and create new value for our customers in the years to come.”