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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 This material may not be published, broadcast, rewritten or redistributed.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 73 391 11,120
MORTGAGES 88 481 13,903
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 198 969 24,034
BANKRUPTCIES 54 288 8,432
BUSINESS LICENSES 29 126 3,771
UTILITY CONNECTIONS 67 536 13,457
MARRIAGE LICENSES 17 103 3,031

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