Mark R.  Allen net worth and biography

Mark Allen Biography and Net Worth

EVP of FedEx

Mark R. Allen is responsible for directing the international and domestic legal, security, and government affairs for FedEx Corporation and its subsidiaries, which includes ensuring that global business activities are conducted in compliance with international, federal, state, and local government regulations. He is also a member of the five-person Executive Committee that plans and executes the corporation’s strategic initiatives.

During his tenure at FedEx, Allen has directed international commercial and aviation negotiations, managed government relations around the world, and handled a broad array of corporate governance, regulatory, security, and operations matters. With extensive international experience acquired over many years living and working abroad, he has been a key contributor to the global growth and expansion of the FedEx enterprise.

Before assuming his current position in October 2017, Allen was based in Europe as the senior vice president and international general counsel for FedEx Express. After joining FedEx in 1982 from the private practice of law in Memphis, he held a number of transactional and regulatory positions in the Legal department. In 1992, he moved to Toronto as the company’s general counsel for the Canadian Region; in 1996, he moved to Hong Kong as general counsel for the Asia Pacific Region; and in 2000, he moved to Brussels, serving initially as the general counsel for the Europe, Middle East, Africa, and Indian Subcontinent Region.

Allen serves on the Board of Directors for several organizations: the U.S. Chamber of Commerce, the U.S. Chamber Institute for Legal Reform, the Coalition for Integrity, and the Youth Villages nonprofit organization in Memphis. He is a 1977 graduate of the University of Mount Union in Alliance, Ohio, and a 1980 graduate of the University of Memphis, Cecil C. Humphreys School of Law.

What is Mark R. Allen's net worth?

The estimated net worth of Mark R. Allen is at least $9.04 million as of March 28th, 2024. Mr. Allen owns 36,853 shares of FedEx stock worth more than $9,038,198 as of May 29th. This net worth evaluation does not reflect any other investments that Mr. Allen may own. Additionally, Mr. Allen receives a salary of $3,280,000.00 as EVP at FedEx. Learn More about Mark R. Allen's net worth.

How old is Mark R. Allen?

Mr. Allen is currently 68 years old. There are 7 older executives and no younger executives at FedEx. The oldest executive at FedEx is Mr. Frederick W. Smith, Founder & Executive Chairman, who is 80 years old. Learn More on Mark R. Allen's age.

What is Mark R. Allen's salary?

As the EVP of FedEx Co., Mr. Allen earns $3,280,000.00 per year. There are 3 executives that earn more than Mr. Allen. The highest earning executive at FedEx is Mr. Frederick W. Smith, Founder & Executive Chairman, who commands a salary of $8,080,000.00 per year. Learn More on Mark R. Allen's salary.

How do I contact Mark R. Allen?

The corporate mailing address for Mr. Allen and other FedEx executives is 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN, 38120. FedEx can also be reached via phone at (901) 818-7500 and via email at [email protected]. Learn More on Mark R. Allen's contact information.

Has Mark R. Allen been buying or selling shares of FedEx?

Mark R. Allen has not been actively trading shares of FedEx within the last three months. Most recently, Mark R. Allen sold 10,145 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $287.28, for a transaction totalling $2,914,455.60. Following the completion of the sale, the executive vice president now directly owns 36,853 shares of the company's stock, valued at $10,587,129.84. Learn More on Mark R. Allen's trading history.

Who are FedEx's active insiders?

FedEx's insider roster includes Mark Allen (EVP), Jill Brannon (EVP), Tracy Brightman (EVP), David Bronczek (COO), Brie Carere (EVP), Robert Carter (EVP), Donald Colleran (CEO), John Dietrich (EVP), Marvin Ellison (Director), Stephen Gorman (Director), Alan Graf, Jr. (EVP), Kim Jabal (Director), Shirley Jackson (Director), Jennifer Johnson (VP), Sriram Krishnasamy (CEO), Amy Lane (Director), Michael Lenz (EVP), Henry Maier (CEO), R. Martin (Director), John Merino (VP), Joshua Ramo (Director), Susan Schwab (Director), Frederick Smith (CEO), John Smith (CEO), Richard Smith (President and Chief Executive Officer Airline and International), David Steiner (Director), Rajesh Subramaniam (COO), and Paul Walsh (Director). Learn More on FedEx's active insiders.

Are insiders buying or selling shares of FedEx?

In the last year, FedEx insiders bought shares 2 times. They purchased a total of 1,200 shares worth more than $302,664.00. In the last year, insiders at the shipping service provider sold shares 11 times. They sold a total of 185,832 shares worth more than $50,028,040.86. The most recent insider tranaction occured on April, 9th when Chairman Frederick W Smith sold 113,400 shares worth more than $31,105,620.00. Insiders at FedEx own 8.7% of the company. Learn More about insider trades at FedEx.

Information on this page was last updated on 4/9/2024.

Mark R. Allen Insider Trading History at FedEx

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/28/2024Sell10,145$287.28$2,914,455.6036,853View SEC Filing Icon  
10/29/2020Sell13,065$261.04$3,410,487.6042,324View SEC Filing Icon  
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Mark R. Allen Buying and Selling Activity at FedEx

This chart shows Mark R Allen's buying and selling at FedEx by year and by quarter.

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FedEx Company Overview

FedEx logo
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. In addition, the company offers supply chain management solutions; and air and ocean cargo transportation, specialty transportation, customs brokerage, and trade management tools and data. The company was founded in 1971 and is headquartered in Memphis, Tennessee.
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Today's Range

Now: $245.25
Low: $244.31
High: $246.93

50 Day Range

MA: $266.24
Low: $245.25
High: $289.74

2 Week Range

Now: $245.25
Low: $213.80
High: $291.27

Volume

1,108,038 shs

Average Volume

1,862,372 shs

Market Capitalization

$60.35 billion

P/E Ratio

14.14

Dividend Yield

2.04%

Beta

1.23