FedEx Nominates Richard Smith to Board, Signaling CEO Succession Path

Richard Smith, son of the late FedEx founder Fred Smith, has been nominated to join FedEx’s board of directors, with the official election set for the company’s annual shareholders meeting on September 29, 2025. Currently serving as chief operating officer for international operations and CEO of FedEx's airline division, Richard has nearly 20 years of experience at FedEx, including previous roles as president and CEO of FedEx Express. The nomination is widely seen as a step in a succession plan that could eventually position Richard as CEO, continuing his father's legacy within the company. Following Fred Smith’s death in June 2025, FedEx Chairman Brad Martin highlighted Richard’s extensive company experience and his capacity to uphold the Smith family’s values on the board. At a recent memorial event in Memphis, Richard reassured the local community that FedEx remains committed to its Memphis roots, a city deeply intertwined with the company’s history. This nomination is part of a broader board election involving 13 candidates, reflecting ongoing leadership transitions at FedEx.