FedEx Corp. Reports Annual Shareowner Meeting Results
MEMPHIS, Tenn.--(BUSINESS WIRE)-- Shareowners of FedEx Corp. (NYS: FDX) today reelected all 12 director nominees to the corporation's Board of Directors, each for a one-year term: Frederick W. Smith, James L. Barksdale, John A. Edwardson, Shirley Ann Jackson, Steven R. Loranger, Gary W. Loveman, R. Brad Martin, Joshua Cooper Ramo, Susan C. Schwab, Joshua I. Smith, David P. Steiner and Paul S. Walsh.
The shareowners took the following other actions at the annual meeting:
Ratified the appointment of Ernst & Young LLP as FedEx's independent auditors for fiscal year 2013.
Approved, on an advisory basis, the compensation of FedEx's named executive officers.
Did not approve either of the two stockholder proposals:
A proposal requesting the adoption of a policy that the Chairman of the Board be an independent director who has not previously served as an executive officer of FedEx.
A proposal requesting that FedEx publish a report, updated semi-annually, disclosing information about the corporation's political contributions.
FedEx Corp. (NYS: FDX) provides customers worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.
Jeff Smith, 901-818-7037
Mickey Foster, 901-818-7468
Home Page: fedex.com
KEYWORDS: United States North America Tennessee
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