Board now has 13 members
FedEx Corp. has announced that David J. Bronczek, the Company’s president and chief operating officer, has been elected to the Board of Directors.
With his election, the Board now has 13 members, including 11 independent directors.
The Company also announced that independent members of its Board have approved changes to the Company’s Corporate Governance Guidelines to apply the mandatory retirement age of 75 only to non-management directors, effective immediately.
Mr. Bronczek is responsible for all FedEx operating companies and is a member of the five-person Executive Committee. He is also co-president and co-CEO of FedEx Services, which provides sales, marketing, information technology, communications, customer service, and other support functions for U.S. customers of major FedEx business units.
Said Frederick W. Smith, chairman and CEO of FedEx Corporation: “Dave is an outstanding leader at FedEx, and he will be a valuable addition to the Board of Directors.
“His knowledge of the company gained over more than 42 years of service is unparalleled, and he will serve the company well in his role as a member of the Board.”
A native of Cleveland, Ohio, Mr. Bronczek graduated from Kent State University in 1976, the year he joined FedEx.
He started as an hourly team member on the front lines of the company’s pickup and delivery operations and progressed through leadership roles in sales and operations. Mr. Bronczek’s responsibilities have included serving as president of FedEx Express in Canada and the Europe, Middle East and Africa region.
He was named executive vice president and chief operating officer of FedEx Express in 1998 before becoming president and CEO of FedEx Express in 2000. In 2017, Mr. Bronczek was named president and chief operating officer of FedEx Corporation.
Mr. Bronczek has represented FedEx in a wide variety of industry and community roles, including serving as chairman of the FAA NextGen Advisory Committee, and chairman of the International Air Transport Association (IATA) in 2010.
He remains a current member of IATA’s Board of Governors.
Mr. Bronczek was appointed by the President of the United States to the National Infrastructure Advisory Council (NIAC) in 2009.
He also serves on the Board of Directors for Memphis-based International Paper Company.