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Institutional Investor magazine recognized Frederick W. Smith,
chairman, president and chief executive officer of FedEx Corp. (NYSE:
FDX) as among the best chief executives in America. Smith was named
the top CEO for the Airfreight & Surface Transportation category for
the second consecutive year.
In announcing its selections, Institutional Investor magazine said
"The results suggest that voters are attuned to the need for strong
leaders as the economy and business environment grows more difficult.
A common trait exhibited by many of the winners is experience managing
through crises, scandals and turnarounds."
To arrive at its list of Best U.S. CEOs, Institutional Investor
surveyed portfolio managers, analysts and other investment
professionals. It asked these individuals to name the best U.S. CEOs
in the sectors in which they invest. Some 900 people at 425
institutions responded, offering first, second and third place votes
in each of the sectors with which they were familiar. More information
about the rankings can be found at www.iimagazine.com.
About FedEx
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenues of $36 billion, the company
offers integrated business applications through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world's most
admired and trusted employers, FedEx inspires its more than 290,000
employees and contractors to remain "absolutely, positively" focused
on safety, the highest ethical and professional standards and the
needs of their customers and communities. For more information, visit
http://news.fedex.com.
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