FedEx has announced that William Logue will retire as President and Chief Executive Officer of its FedEx Freight subsidiary on December 31, 2014. He has held the position since 2010 but cited health concerns as the reason for his decision to retire.
Michael Ducker, a 40-year FedEx veteran, will succeed Logue as President and Chief Executive Officer of FedEx Freight. Ducker will move into his new role on January 1, 2015, from his current position as Chief Operating Officer of FedEx Express. In that role he led the build out of the FedEx Express global air-ground network, and the growth of its international business.
“Bill Logue has led FedEx Freight to significant growth, success and a leading position in the LTL industry,” said Frederick Smith, Chairman and Chief Executive Officer of FedEx Corporation. “He navigated some of the worst economic conditions the industry has ever seen and delivered outstanding results while positioning FedEx Freight for long-term success. He has established himself as an all-time great leader during his 25 years at FedEx, and while we are sorry to see Bill retire, he has our gratitude, support and best wishes.”
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