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Richard Smith gets big FedEx promotion
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<blockquote data-quote="Empty Pockets" data-source="post: 4204486" data-attributes="member: 77481"><p>If you were surprised about Mike Pigor's sudden retirement just months after the buy-out, just imagine how surprised he was. It looks like Richard Smith has been moving to the top of the manure pile. </p><p><a href="https://www.commercialappeal.com/story/money/industries/logistics/2017/08/21/fedex-founders-son-lands-promotion-moves-up-corporate-ladder-shipping-giant/574439001/" target="_blank">FedEx founder's son lands promotion, moves up corporate ladder at shipping giant</a></p><p></p><p>February 12th, he buys the old Gibson factory. How high will he go? </p><p><a href="https://www.commercialappeal.com/story/money/business/2019/02/12/fedex-bringing-jobs-gibson-guitar-building-downtown-memphis/2845194002/" target="_blank">FedEx Logistics moving headquarters to former Gibson Guitar building in Downtown Memphis</a></p><p></p><p>February 16th, four days after buying Gibson factory, Bronczek abruptly retires...right before the buy out. Hehe, the stock holders were shocked, but prolly not as shocked as Bronczek.</p><p><a href="https://www.freightwaves.com/news/airfreight/bronczek-departure-at-fedex-raises-questions" target="_blank">Bronczek's abrupt retirement as FedEx president, COO sheds light on mandatory retirement policy change - FreightWaves</a></p><p></p><p>Are they clearing a path for Richard to just slide into the CEO role? Does this mean that Fred S is looking to step away? Does he have some health issue driving all this? Raj was either hand picked by the future leader or he may be shaking in his boots.</p><p></p><p>Just a bit more on the Gibson Factory purchase for his personal office, It appears to have been a speedy and underhanded deal because the realtor is suing for 1.4 million dollars </p><p><a href="https://www.bizjournals.com/memphis/news/2019/08/27/colliers-sues-owners-of-formergibson-guitar.html" target="_blank">https://www.bizjournals.com/memphis/news/2019/08/27/colliers-sues-owners-of-formergibson-guitar.html</a></p><p></p><p></p><p>Dec 2018 - David Cunningham</p><p><a href="https://www.ttnews.com/articles/fedex-express-president-david-cunningham-retire-dec-31" target="_blank">FedEx Express President David Cunningham to Retire Dec. 31</a></p></blockquote><p></p>
[QUOTE="Empty Pockets, post: 4204486, member: 77481"] If you were surprised about Mike Pigor's sudden retirement just months after the buy-out, just imagine how surprised he was. It looks like Richard Smith has been moving to the top of the manure pile. [URL="https://www.commercialappeal.com/story/money/industries/logistics/2017/08/21/fedex-founders-son-lands-promotion-moves-up-corporate-ladder-shipping-giant/574439001/"]FedEx founder's son lands promotion, moves up corporate ladder at shipping giant[/URL] February 12th, he buys the old Gibson factory. How high will he go? [URL="https://www.commercialappeal.com/story/money/business/2019/02/12/fedex-bringing-jobs-gibson-guitar-building-downtown-memphis/2845194002/"]FedEx Logistics moving headquarters to former Gibson Guitar building in Downtown Memphis[/URL] February 16th, four days after buying Gibson factory, Bronczek abruptly retires...right before the buy out. Hehe, the stock holders were shocked, but prolly not as shocked as Bronczek. [URL="https://www.freightwaves.com/news/airfreight/bronczek-departure-at-fedex-raises-questions"]Bronczek's abrupt retirement as FedEx president, COO sheds light on mandatory retirement policy change - FreightWaves[/URL] Are they clearing a path for Richard to just slide into the CEO role? Does this mean that Fred S is looking to step away? Does he have some health issue driving all this? Raj was either hand picked by the future leader or he may be shaking in his boots. Just a bit more on the Gibson Factory purchase for his personal office, It appears to have been a speedy and underhanded deal because the realtor is suing for 1.4 million dollars [URL]https://www.bizjournals.com/memphis/news/2019/08/27/colliers-sues-owners-of-formergibson-guitar.html[/URL] Dec 2018 - David Cunningham [URL="https://www.ttnews.com/articles/fedex-express-president-david-cunningham-retire-dec-31"]FedEx Express President David Cunningham to Retire Dec. 31[/URL] [/QUOTE]
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