FedEx's freight unit president and CEO to retire - Yahoo The company said Tuesday in a filing with the Securities and Exchange Commission that Douglas G. Duncan, 58, will step down on Feb. 28. FedEx not yet named a replacement. Duncan was the first chief executive of the FedEx Freight unit. He has been president and CEO of the unit since 2001. Before joining FedEx, he was president and CEO of Viking Freight Inc.