Frederick W. Smith
Chairman & CEO, FedEx
Frederick W. Smith is Chairman and Chief Executive Officer of FedEx Corporation, a $42-billion global transportation, business services and logistics company.
Smith is responsible for providing strategic direction for all FedEx Corporation operating companies, including FedEx Services, FedEx Express, FedEx Ground and FedEx Freight. FedEx serves more than 220 countries and territories with operations that include 688 aircraft and over 90,000 vehicles. More than 300,000 team members worldwide handle more than 9 million shipments each business day. Since founding FedEx in 1971, Smith has been an active proponent of regulatory reform, free trade and “open skies agreements” for aviation around the world.
FedEx has continued to strengthen its industry leadership over the past 33 years, and has been widely acknowledged for its commitment to total quality service. FedEx Express was the first service company to win the Malcolm Baldrige National Quality Award in 1990. In addition, FedEx has consistently been ranked on FORTUNE Magazine’s industry lists, including “World’s Most Admired Companies” (No. 4, 2006); “America’s Most Admired Companies” (No. 2, 2006); No 1 on the Delivery Industry list (2005); and is in the “Hall of Fame” for claiming a spot on the “100 Best Companies to Work For” list since its inception (1998-2005). FedEx is a FORTUNE Blue Ribbon Honoree for having appeared on five of the magazine’s exclusive trademarked lists in 2005.
Mr. Smith has served on the boards of several large public companies and on the St. Jude Children’s Research Hospital and Mayo Foundation Boards. He served as co-chairman of the U.S. World War II Memorial Project. He was formerly chairman of the Board of Governors for the International Air Transport Association and the U.S. Air Transport Association. Mr. Smith is chair of the Business Roundtable’s Security Task Force, and a member of the Business Council and the CATO Institute. He served as chairman of the U.S.-China Business Council and is the current chairman of the French-American Business Council. Mr. Smith was named Chief Executive magazine’s 2004 “CEO of the Year.”
Born in 1944 in Marks, Miss., Mr. Smith attended Yale University, where he earned a B.A. in 1966. Mr. Smith served as an officer in the U.S. Marine Corps from 1966-1970.