Quantcast

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

Spirit Airlines Explores Bankruptcy Filing
Here's how Southwest Airlines' new seating and boarding process will work
Delta Adds New Route to Asia
Southwest Airlines will begin selling assigned seats in 2025
United Airlines Pilot Buys Passengers Pizza In Albuquerque After Flight Was Delayed 7 Hours
Czech Airlines to Cease Operations, Ending 23-Year SkyTeam Partnership
An Asian airline hopes launching one of the world's longest narrowbody routes will actually be a comfort upgrade for passengers
Airlines begin canceling flights, offering rebooking ahead of Hurricane Helene
Southwest Airlines to cut service and staffing in Atlanta to slash costs
New heights, new features: Discover Alaska’s enhanced Flight Pass subscription service
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
American Airlines welcomes JetSMART to the award-winning AAdvantage program
Explore Japan for free? Japan Airlines offers free domestic flights to foreign travelers
Delta named Official Airline Partner of Birmingham City Football Club
American Airlines to Cut These Routes to Las Vegas, Orlando, and More — Here's Why
Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers
Southwest wouldn't really start charging for bags — right?
JD Power ranked this Midwest airport as the best among largest airports in North America
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian
Air Canada could begin suspending flights soon as strike deadline nears
JetBlue's new ticket policy entitles every passenger to a carry-on bag
Why United Airlines’ CEO makes as few decisions as possible
American invests in the future of aviation maintenance with new jobs, additional work
DOT probe seeks to determine if frequent flyer programs are fair to travelers
American Airlines flight diverted after passenger starts vaping
Russian Airline Wants $100 Million From Canada for Seizing Its Giant Cargo Plane
Here's where American Airlines is adding flights to Europe in summer 2025
Major airline grounds Airbus A350 fleet, citing faulty engine component
Airline CEO wants airports to cap passengers at 2 alcoholic drinks to limit on-board disruptions
Regulator cuts Malaysia Airlines' air operator certificate duration after probe
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

The International Air Transport Association (IATA) has announced that its Wings of Change Europe (WOCE) event will take place at the Steigenberger Icon Wiltcher's Hotel in Brussels.

Oct 23, 2025

Delta Air Lines has announced a new partnership with Crunchyroll, the global anime streaming platform, to bring a curated selection of anime content to its flights.

Oct 23, 2025

Delta Air Lines has been recognized as one of the 2025 Fortune Best Workplaces for Women, marking its return to the list since 2019.

Oct 23, 2025

Delta Air Lines marked its 100th anniversary by serving as the official airline of the 60th Head of the Charles Regatta (HOCR) in Boston.

Oct 23, 2025

American Airlines has announced that it will upgrade its Boeing 777-200ER aircraft with new Flagship Suites, the airline's latest business-class product.

Oct 23, 2025

Delta Air Lines will introduce a new in-flight dining partnership with Chef José Andrés, bringing Spanish-inspired cuisine to select cabins starting November 4.

Oct 23, 2025