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VOL. 128 | NO. 10 | Tuesday, January 15, 2013

FedEx Ground Names Maier New CEO

AP

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MEMPHIS (AP) - FedEx Corp. has named Henry J. Maier to run its FedEx Ground unit, succeeding David F. Rebholz, who is retiring in May.

Maier will be president and CEO of the unit, which includes FedEx Ground, FedEx Home Delivery and FedEx SmartPost, the company announced after the markets closed Monday.

Maier has been at FedEx for 25 years, including his current job as executive vice president at FedEx Ground, where he was responsible for strategic planning, corporate communications, and contractor relations.

Ground shipments are an increasingly important part of FedEx's business. That area has traditionally been dominated by the larger United Parcel Service Inc., although both companies run air and ground operations.

"Henry has vast experience going back to the early days of FedEx Ground and has played a leading role in shaping the incredible long-term success of the company," said Frederick W. Smith, chairman, president and CE O of FedEx Corp.

Rebholz is retiring on May 31 after a 37-year career at FedEx, the company said.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 218 10,440
MORTGAGES 91 293 13,620
FORECLOSURE NOTICES 3 46 2,690
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 62 184 10,076
BUSINESS LICENSES 25 62 3,798
UTILITY CONNECTIONS 90 338 14,895
MARRIAGE LICENSES 10 68 3,235

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