Proxy advisors back Teamsters call for new FedEx Head

Discussion in 'FedEx Discussions' started by PiedmontSteward, Sep 12, 2013.

  1. PiedmontSteward

    PiedmontSteward RTW-4-Less



    http://www.teamsternation.blogspot.com/2013/09/proxy-advisor-tells-FedEx-shareholders-to-axe-ceo.html

    Definition of a proxy adviser, via Wikipedia:

    [/SUP]
     
  2. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    That's like Proctor & Gamble telling you to buy soap.

    ​I assign a "snowballs chance in hell" this happens.
     
  3. MAKAVELI

    MAKAVELI Well-Known Member

    So you're saying there's a chance?
     
  4. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    Yep, if you are in stairwell B between the first and 6th floors.
     
  5. MrFedEx

    MrFedEx Engorged Member

    It's largely symbolic, but the fact that it happened is significant. Times are changing at FedEx, and investors are starting to see that the man behind the curtain isn't a wizard at all.
     
  6. Cactus

    Cactus Just telling it like it is

    The stockholders need to get their heads out of the sand for sure. Reading this forum would definitely open some eyes.
     
  7. fedupped

    fedupped Member

    I voted em all out. And nix that 16 mil stock option freebie. If you have stock, send in that vote.
     
  8. hypo hanna

    hypo hanna Well-Known Member

    I sold it all many years ago. Buying UPS now.

    Interesting article on FedEx by Insidermonkey.com the other day. Pointed out that in the past six months at fedex, there have been 10 insider sales with zero buys and that the hedge funds are also selling off their holdings. If I did still own any FedEx, I would be selling it as fast as I could.
     
  9. FUFred

    FUFred Active Member

  10. I Am Jacks Damaged Box

    I Am Jacks Damaged Box Well-Known Member

    Sold mine months ago and haven't looked back. Not worth it.
     
  11. Cactus

    Cactus Just telling it like it is

    I'd love nothing more than to see Smith outside looking in.

    New blood in this company has been needed for a long time now.
     
  12. MrFedEx

    MrFedEx Engorged Member

    This company absolutely needs new leadership, but Smith doesn't show any signs of releasing control. Even if he does retire, his hand-picked successor is unlikely to deviate very far from the current script. As long as FedEx still makes money, the ongoing failure of the Express opco won't be a huge issue, since Ground profits will still be high. Overall, however, investors seems increasingly wary of FedEx.