FedEx Watch - Featured Stories

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March 14

FedEx Corporation Changes Bylaws for Director ElectionsAbandoning its two-year opposition to Teamster proposals demanding a majority vote standard in director elections, FedEx Corporation’s board of directors amended the company�s bylaws to adopt a majority-voting standard in uncontested director elections and a resignation requirement for directors who fail to receive the required majority vote. �This is a triumph for FedEx shareholders who gain a greater voice in the boardroom by having the ability to have an up or down vote on directors,� said C. Thomas Keegel, Teamsters General Secretary -Treasurer.