If you base the performance of FedEx on just the stock price, there is justification for leaving the current leadership team in-place. But, consider the damage this ship of fools has created during the last couple of years, not just to the brand, but to the company overall. Ground has been an undeniable success, but it has mainly been due to the business model, not outstanding leadership. Take away the low-wage/no-benefit basis of Ground, and what do you have? Nothing. When you pay peanuts, it's easy to be profitable. Express is nothing but a hollow shell of it's former self. There is no pride, service is acceptable at best, and key people are leaving in droves. There are managers stepping-down or leaving entirely all over the system, which is damning evidence of extreme leadership dysfunction at the top of the organization. It's increasingly evident that our upper leadership exists in a cocoon that protects it from reality and encourages even greater levels of ineptitude. It's obvious they don't have a clue what is happening in the field because the dictates from MEM get progressively dumber and more detached from reality. The Seniors and Ops Managers who are leaving see this, and they want out because even an excellent manager cannot be effective when they are harnessed to the dysfunction in MEM. I can hardly wait for the newest round of "solutions" from MEM after the Peak Meltdown fail. Besides a pile of excuses, I am expecting even more of a crackdown on couriers and another push to raise SPH, which will, of course, fail because they've chased out most of the good employees and many of the better managers. I foresee another year of failure at Express, and I put all of the blame directly on upper management.