Richard W.  Smith net worth and biography

Richard Smith Biography and Net Worth

President and Chief Executive Officer Airline and International of FedEx

Richard W. Smith became President and Chief Executive Officer, Airline and International, FedEx on April 16, 2023. Immediately prior, Richard served as President and CEO, FedEx Express.

From 2019 – 2022, he served as regional president of the Americas, which includes U.S. domestic, Canada, and LAC (Latin America & the Caribbean), and executive vice president of global support for FedEx Express. In this role, Smith oversaw FedEx responsibilities as part of the U.S. government’s COVID-19 response task force and the successful distribution of roughly half of all COVID-19 vaccines in the United States. In December 2020, he testified in front of the U.S. Senate about the transportation industry’s preparations for vaccine distribution. He also led efforts to begin the transformation to an all-electric vehicle fleet at FedEx Express in support of FedEx 2040 sustainability goals.

Smith joined FedEx in 2005. He has previously served as the President and CEO of FedEx Logistics, and his FedEx career also includes a series of leadership positions in life sciences/healthcare, network planning, and customer solutions, including serving as vice president of global trade services and managing director of life sciences and specialty services.

Smith is on the Board of Governors for the International Air Transport Association (IATA) and the Board of Directors of Airlines for America. He is a past chairman of the Greater Memphis Chamber of Commerce and serves on its Chairman’s Circle Board.

Born in Memphis, Tennessee, Smith earned his undergraduate degree from George Washington University and his Juris Doctor from the University of Mississippi School of Law.

What is Richard W. Smith's net worth?

The estimated net worth of Richard W. Smith is at least $21.56 million as of April 4th, 2024. Mr. Smith owns 84,614 shares of FedEx stock worth more than $21,558,801 as of May 21st. This net worth evaluation does not reflect any other assets that Mr. Smith may own. Learn More about Richard W. Smith's net worth.

How do I contact Richard W. Smith?

The corporate mailing address for Mr. Smith 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 Richard W. Smith's contact information.

Has Richard W. Smith been buying or selling shares of FedEx?

During the past quarter, Richard W. Smith has sold $368,668.00 of FedEx stock. Most recently, Richard W. Smith sold 1,325 shares of the business's stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $278.24, for a transaction totalling $368,668.00. Following the completion of the sale, the chief executive officer now directly owns 84,614 shares of the company's stock, valued at $23,542,999.36. Learn More on Richard W. Smith'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.

Richard W. Smith Insider Trading History at FedEx

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/4/2024Sell1,325$278.24$368,668.0084,614View SEC Filing Icon  
See Full Table

Richard W. Smith Buying and Selling Activity at FedEx

This chart shows Richard W Smith's buying and selling at FedEx by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

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.
Read More

Today's Range

Now: $254.79
Low: $254.08
High: $257.41

50 Day Range

MA: $267.16
Low: $253.12
High: $289.74

2 Week Range

Now: $254.79
Low: $213.80
High: $291.27

Volume

899,373 shs

Average Volume

1,898,453 shs

Market Capitalization

$62.70 billion

P/E Ratio

14.69

Dividend Yield

1.95%

Beta

1.23