FedEx Corporation Announces Passing of Founder and Executive Chairman Frederick W. Smith

Strategic Insights -

Frederick W. Smith, founder and Executive Chairman of FedEx Corporation, passed away on June 21, 2025, at the age of [not specified]. The news was announced by the company on June 21, 2025. In response to his passing, the FedEx Board of Directors reduced its size to twelve members and elected R. Brad Martin as Chairman of the Board, effective June 23, 2025. Martin will continue to serve as Chairman of the Audit and Finance Committee.

Key Takeaways:

  • Frederick W. Smith, FedEx founder and Executive Chairman, passed away on June 21, 2025, at the age of [not specified].
  • The FedEx Board of Directors reduced its size to twelve members in light of Mr. Smith's passing.
  • R. Brad Martin was elected as Chairman of the Board, effective June 23, 2025, and will continue to serve as Chairman of the Audit and Finance Committee.
  • The company's executive leadership team and employees express gratitude for Smith's vision, leadership, and contributions to FedEx and the world.
  • FedEx extended its deepest condolences to Smith's family.
  • The company's announcement of Smith's passing required disclosure under the Securities Exchange Act of 1934.

Statistics:

  • Date of report: June 21, 2025
  • Date of earliest event reported: June 21, 2025
  • Time of report: 21:22:28 (as reported by COMTEX_466611715)
  • FedEx Board of Directors size: twelve members (as of June 23, 2025)
  • R. Brad Martin's new role: Chairman of the Board and Chairman of the Audit and Finance Committee

Sources:

  • FedEx Corporation's Form 8-K filing (via COMTEX) (c) 1995-2025 Cybernet Data Systems, Inc.