Finance Monthly CFO Awards 2021
F i nance Month l y CFO Awards 2021 Firm Profile Connecting people with goods, services, ideas and technologies creates opportunities that fuel innovation, energize businesses and lift communities to higher standards of living. At FedEx, we believe that a connected world is a better world, and that belief guides everything we do. We deliver joy during the holidays. We deliver hope to survivors of natural disasters. Customers count on our diverse portfolio of transportation, e-commerce, and business solutions. Our networks reach more than 220 countries and territories, linking more than 99 percent of the world’s GDP. Behind it all are our more than 570,000 teammembers around the world, who are united around the Purple Promise: “I will make every FedEx experience outstanding.” At FedEx, we’re as diverse as the world we serve. From Harlem to Hong Kong, from Sao Paulo to Sydney, the world of FedEx is all about connecting people, places and cultural diversity. To meet the needs of a diverse customer base, we reflect that diversity within our organization and celebrate it in communities around the world. Our company was founded on a people-first philosophy, and respect for everyone has always been an everyday business practice. Our diverse workforce, supplier base and supporting culture all enable FedEx to better serve customers and compete in the global marketplace. Diversity and inclusion at FedEx connects people and possibilities to deliver a better future for team members, customers, suppliers and communities. Research proves there are many benefits for businesses that make diversity a priority and promote inclusion. But there’s another, far more important reason why we embrace diversity and inclusion: It’s simply the right thing to do. As business becomes more global and competitive, everyone from entrepreneurs to big companies turn to us for flexible and innovative solutions. It’s the number one priority of all our companies. Think of them as a portfolio of solutions that can tackle any challenge in the world of global commerce. Each network operates independently, but works collaboratively. That means our individual networks can be fine-tuned, like a race car, to deliver the best service possible for customers. Our networks operate collaboratively to deliver the best service to customers without compromise. They compete collectively as a broad portfolio of customer solutions and are managed collaboratively, under the respected FedEx brand. About Mike Lenz Mike Lenz is Executive Vice President and CFO of FedEx Corporation. Lenz is responsible for all aspects of the corporation’s global financial functions, including financial planning, treasury, tax, accounting and controls, internal audit, investor relations, and corporate development. He is also a member of the five-person Executive Committee, which plans and executes the corporation’s strategic business activities. Lenz’s extensive experience in the transportation industry and finance spans more than three decades, including his 15 years at FedEx. Lenz joined FedEx in 2005 as vice president of finance at FedEx Office. He became staff vice president of strategic finance at FedEx Corporation in 2010, followed by a promotion to corporate vice president and treasurer in 2012. Prior to joining FedEx, Lenz worked at American Airlines, where he held positions in several finance and commercial areas including investor relations, financial planning and analysis, international planning and fleet planning. Before working at American, Lenz was an avionics engineer at Boeing. Lenz received his bachelor’s degree in engineering from Duke University, where he was a four- year varsity letterman for the swim team. He later returned to Duke to earn his master’s degree in business administration. Lenz serves on the boards of Methodist Le Bonheur Healthcare, the Memphis Shelby County Sports Authority and Lausanne Collegiate School. - USA - - 25 -
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