FedEx chief to hand over the reins

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FedEx Express president and chief executive Don Colleran (pictured, below) is to retire at the end of 2022, after a nearly 40-year career carrier. He will be succeeded by Richard Smith (main picture), currently regional president of the Americas and executive vice president of global support. He will become president and chief executive-elect on April 1 and will assume full duties on September 1. Colleran will remain at FedEx Express as executive advisor to the end of December to help ensure a smooth transition of responsibilities.

Smith joined FedEx in 2005. He previously served as the president and chief executive of FedEx Logistics, and in a series of leadership positions in life sciences, healthcare, and customer solutions, including serving as vice president of global trade services and managing director of life sciences and specialty services.

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