Comment / FedEx CFO talks aircraft withdrawal, shows brave face in strenuous defence

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By Alessandro Pasetti

14/11/2022

After the earnings disaster that FedEx was*, every little helps to highlight soft guidance about how things are going to shape up to 2023 and beyond at the T&L integrator from Memphis.

(*Read: ’Have you got the right leaders in place?’)

And its CFO, Mike Lenz (pictured below), confidently tried to lure the audience at the Baird 2022 Global Industrial Conference last week, in case you missed it.

So, one apocalyptic profit warning later, and at the start of a comprehensive cost restructuring that won’t ...

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FedEx integrated logistics On the wires Break-up DB Schenker Takeover Talk UPS

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