FedEx has announced that Alan Graf, Jr., executive vice president and chief financial officer, will retire effective December 31, 2020. Mike Lenz, corporate vice president and treasurer, has been named his successor.
Graf, 66, joined FedEx in 1980 and became CFO of FedEx Corporation in 1998, where he has been 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.
Graf will serve as CFO until September 22, 2020 and remain at the company as executive vice president and senior advisor through the end of the year to ensure a smooth transition of responsibilities.
Lenz, 56, will become executive vice president and CFO-Elect effective June 1, 2020, and will assume the role of CFO for FedEx Corporation on September 22, 2020, reporting to Frederick W. Smith, FedEx chairman and chief executive officer. Lenz became 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.
Lenz will be succeeded by Bert Nappier, currently regional president of Europe and CEO of TNT Express. Effective June 1, 2020, Nappier will assume the role of executive vice president, treasurer, tax, and corporate development for FedEx Corporation.
Source: FedEx
