Maersk appoints John Wetherell to head its global airfreight forwarding
Maersk has appointed John Wetherell (above) as its global head of airfreight forwarding. It is ...
FedEx chief financial officer Alan Graf, (pictured above left) is to retire at the end of the year.
Corporate vice president and treasurer Mike Lenz (pictured, right) will take over the CFO role in September, while Mr Graf stays on as executive vice president and senior adviser until the year-end.
Mr Graf has been at FedEx for 40 years, becoming the corporation’s CFO in 1998.
“Alan has helped build and transform this company,” said Fred Smith, and chief executive officer. “He has been part of every significant decision and helped navigate tremendous growth, strategic investments, international acquisitions and global challenges. FedEx would not be the $69bn globally admired corporation it is today without his leadership.”
Mr Lenz, meanwhile, has been at FedEx since 2005, initially as vice president finance of FedEx Office. Prior to that he worked at American Airlines.
Mr Lenz will be succeeded by Bert Napier, currently regional president of Europe and chief executive of TNT. He, in turn, will be replaced by Karen Reddington, regional president for FedEx Express Asia Pacific. North and South Pacific senior vice president Kawal Preet will take on Ms Reddington’s role.
Etail by air – here to stay or on a short shelf life?
HMM sees opportunities in Hapag-Lloyd’s exit from THE Alliance
How crazy is this: DSV goes hostile on Expeditors or CH Robinson?
Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Another strong month for US ports as container flows continue to rise
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article