Quantcast

FedEx names Marshall Witt CFO ahead of planned freight division spin-off

Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Emirates Will Buy 5 Airbus A380s From Lessor For $200 Million
Delta Air Lines named official airline of the WNBA
Pair Of C-Suite Officials Depart Wheels Up
LAX Receives Final Cars for People Mover Train
Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
Alaska Airlines flight attendants reject new contract, union says there's 'more work to do'
Elliott Investment To Push For 10 New Boardroom Directors At Southwest Airlines
Alaska Air Backs JetZero Blended-Wing Design
AI in Aviation Line Maintenance: A Strategic Response to Delays, Satisfaction, and Staffing Challenges
Air taxi service plans for 2026 Los Angeles launch at USC, SoFi and LAX
VistaJet Flight Brings Home Americans in Prisoner Swap
Air Canada Blames Paris Olympics On Decreased Profits
Delta passengers sue airline over refund refusals after CrowdStrike meltdown
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Korean Air Confirms A Spacious Lounge Is Coming To The New Terminal One at New York JFK
VAS Aero Services to Acquire an Additional 17 Airbus A320 Airframes, Bringing to 23 the Total Number of A320s Slated for Teardown and Harvested Parts Redistribution
Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million
Boeing Reports $16.9 Billion In Revenue For 2nd Quarter With 5,400 Commercial Aircraft Backlog
United Airlines says flight attendant in Terrell Davis incident is no longer employed and NFL legend’s ‘no fly’ ban is lifted | CNN
Nepal Plane Crash Kills 18 After Takeoff - Airline Ratings
Southwest Airlines is getting rid of open seating | CNN Business
CrowdStrike Outage Caused 10% Spike in Air Charter
Aircraft Engine Maintenance and Repair to Peak in 2026, Worsening Capacity Shortage for Commercial Aviation, Says Bain & Company
Joby’s Electric Air Taxi Makes European Debut
The National Right to Work Legal Defense Foundation announces NLRB-scheduled vote to remove union officials
Families recount the horror of MH17 ten years on - Airline Ratings
777-9 Enters Certification Flight Testing - AVweb
Kompass Kapital Sets New Course with Airshare Investment
SATS, SIA Engineering Company and Changi Airport Group to Trial Autonomous Buses at Changi Airport
FedEx names Marshall Witt CFO ahead of planned freight division spin-off
Policy
Webp 4uepxdht4wxa5h2zj516n8ufvat7
Lance Moll FedEx Freight Leadership President and CEO | FedEx

Marshall Witt has been named senior vice president and chief financial officer of FedEx Freight, effective October 15, according to an announcement from FedEx Corp. Witt previously served as CFO at TD SYNNEX, where he was involved in significant revenue and EBITDA growth and managed the spin-off of Concentrix in 2020.

Witt returns to FedEx after 15 years with the company, most recently as senior vice president of finance and controller within the FedEx Freight finance organization.

“Marshall’s extensive expertise in guiding companies through critical periods of transition to deliver profitable growth will unlock enterprise-wide value for FedEx Freight, its team members, customers, and stockholders,” said John Smith, president and chief executive officer–select of FedEx Freight. “I am confident the FedEx Freight leadership team brings the right industry and subject matter expertise to advance the company’s strategy and take it to new heights.”

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

FedEx had previously announced that John Smith will become president and CEO of FedEx Freight and R. Brad Martin will serve as chairman of the board upon completion of a planned spin-off that will make FedEx Freight an independent company. Witt’s appointment completes the executive leadership team for this transition.

Other members of the leadership team include Mike Rodgers as chief technology officer; Eddie Klank as chief human resources and legal officer; Mike Lyons as chief specialized services and commercial officer; and Clint McCoy as chief operating officer.

“I am thrilled to work with this talented group of individuals to grow FedEx Freight as an independent business and lead the company into this exciting new chapter,” said Witt. “I look forward to working closely with John and the broader leadership team to realize the value-creation opportunity the spin-off presents for stockholders.”

FedEx Corp., which provides transportation, e-commerce, and business services globally, reported annual revenue of $89 billion. The company employs more than 500,000 people worldwide.

The press release also included a cautionary statement regarding forward-looking information related to the planned separation of FedEx Freight into a new publicly traded company. It noted that actual results may differ due to various risks or uncertainties detailed in filings with the Securities and Exchange Commission.

Organizations Included in this History
More News

American Airlines has established itself as the world's largest airline by number of hubs, operating ten across the United States.

Oct 24, 2025

The Boeing TC-135W, a specialized training aircraft derived from the C-135/RC-135 reconnaissance family, continues to serve the United States Air Force (USAF) and its allies decades after many similar jets have been retired.

Oct 24, 2025

Frontier Airlines has started serving three airports in Virginia for the first time, with its inaugural flight to Richmond from Atlanta on October 17.

Oct 24, 2025

When Russia closed its airspace to airlines from countries aligned with the West following the war in Ukraine, airlines had to find new routes.

Oct 24, 2025

Jet engine manufacturer GE Aerospace reported a significant increase in profits for the third quarter of 2025, driven by strong demand for its commercial jet engines and related services.

Oct 24, 2025

For over thirty years, United Airlines has relied on the Boeing 757 as a key aircraft for its transatlantic routes.

Oct 24, 2025