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Cathy Ross Named New FedEx Express Chief Financial Officer; FedEx Finance Veteran Brings Superb Leadership Skills.


Business Editors

MEMPHIS Memphis, city, ancient Egypt
Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo.
, Tenn.--(BUSINESS WIRE)--Feb. 12, 2004

FedEx (NYSE NYSE

See: New York Stock Exchange
:FDX See full-duplex.

fdx - full-duplex
) today named Cathy Ross chief financial officer for FedEx Express, replacing Tracy G. Schmidt.

"Cathy's career has been characterized by clear demonstrations of leadership skill and by consistent achievement of results," said David J. Bronczek David J. Bronczek is the current CEO and president of the FedEx Express cargo airline company. David has been an employee of FedEx since 1976. [1] References

1. ^ [1]
, FedEx Express president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Her contributions have significantly aided the company."

FedEx Corp. executive vice president and chief financial officer Alan B. Graf, Jr. cited the high level of expertise available at the company, reflected by Ross's selection. "Cathy exemplifies the depth of skill and knowledge FedEx can draw upon from within its ranks," said Graf. "Having provided finance support to many of our operational areas, she has a detailed understanding of our company and our industry, and possesses outstanding leadership and communications abilities that make her an ideal choice for this vital position."

In recent years, Ross has played a pivotal role in successful efforts of FedEx Express to increase its reach and expand profitability of the global network. She joined FedEx in 1984 as a senior financial analyst. In addition, she has served as manager of Financial Planning and managing director of Financial Planning. Her most recent position was vice president of Express Financial Planning. Ross is a four-time recipient of the FedEx Five Star Award, the company's highest award recognizing individual achievement.

Prior to joining FedEx, Ross received an Accounting Degree from Christian Brothers University In addition to intercollegiate athletics, CBU offers intramural sports. Types of intramurals, such as volleyball, flag football, and bowling, vary from year to year. Greek life
Fraternity and sorority members comprise 21 - 24% of CBU students.
 in Memphis and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from the University of Memphis The University of Memphis is a public research university located in Memphis, Tennessee, United States, and is a flagship public research university of the Tennessee Board of Regents system. .

About FedEx

With annual revenues of $23 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, North America's largest customs broker and a provider of international freight forwarding and trade facilitation services. FedEx ranked highest in the J.D. Power and Associates 2002 Small Package Delivery Service Business Customer Satisfaction Study (SM) in the categories of air, ground and international delivery services.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 12, 2004
Words:376
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