FedEx Freight announces C-suite leadership for spinoff
FedEx Freight, an LTL segment slated for a spinoff next year, is filling out its C-suite.
The business detailed longtime FedEx leaders who will take over oversight of the new company and also announced an outsider as part of the mix, according to FedEx CEO and President Raj Subramaniam in an earnings call this week and an investor presentation.
Those seasoned staff and their new roles are:
Eddie Klank as chief human resources and legal officer. Klang has nearly three decades with FedEx, including most recently as corporate VP for corporate governance securities and tax law.
Mike Lyons as the chief specialized services and commercial officer. He's been with FedEx for nearly two decades, most recently as SVP of custom critical and freight strategy, per his LinkedIn profile.
Clint McCoy as chief operating officer. With nearly three decades at the company, his positions have ranged from operations supervisor to SVP of operations support and engineering.
Departing from that internal hiring trend, the business recently hired Michael Rodgers as chief technology officer, the company said. He recently served as CTO for Pilot Flying J and has a background in retail and finance.
As previously announced, former FedEx Freight President and CEO John Smith is returning to the role. He currently leads the LTL business along with U.S. and Canada ground operations for Federal Express.
R. Brad Martin, who became chair of FedEx's board following the death of Fred Smith on June 21 at age 80, will also serve as chair of the FedEx Freight board.
Recommended Reading
FedEx Freight operating income drops 6%

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Pensacola ranked No. 1 coastal city in the U.S. among 143 areas
Florida is seen as the best U.S. state to settle down for a laid-back, vacation lifestyle, but Pensacola is the cream of the crop among the Sunshine State's coastal cities. ConsumerAffairs ranked Pensacola as the top U.S. city for coastal-lifestyle seekers to make a long-distance move to in a new list. Florida alone claimed half of the entries in the top 10 of the list, as well as 13 of the top 20 cities. The Pensacola Metropolitan area earned the top spot thanks to its combination of affordability and safety provided to residents in comparison to similar metros across the country, according to ConsumerAffairs. Affordability, in particular, was highlighted as one of the city's biggest strengths because Pensacola has the second-best affordability ratio on this list, which compares median home sale price to median income, as well as the ninth-lowest median rent. Pensacola's median rent was calculated at $1,848, about $800 less than the average among cities that were analyzed. ConsumerAffairs formed the rankings by comparing 143 U.S. coastal metro areas on metrics ranging from quality of life to cost of living. Any municipality with a population of at least 130,000 people that is also located within 15 miles of a beach was eligible for the list. Pensacola ranked top mid-size U.S. city: LinkedIn ranks Pensacola metro area as one of the top mid-size U.S. cities on the rise What makes Pensacola the top coastal city in the U.S.? The four key factors for the list were: affordability, livability, safety and economy, but the top five cities shared two metrics in common: affordability and job growth, or economy. Pensacola was ranked as the best coastal city in the U.S. to migrate to because of those latter two factors. The Pensacola Metro area's local job market has grown by 4.05% since 2019 and the typical renter pays approximately $1,848 each month, according to ConsumerAffairs. The median home costs a little over four times the median household income with a state-local tax burden of 9.1%. On top of the local economy, 85% of Pensacola residents live within a 10-minute walk of a park or other green space. Since most residents live within a short distance of green spaces, in addition to the area's relatively low violent and property crime rates, they're consistently able to find some peace of mind. Escambia County residents also enjoy 3,839 kilojoules per square meter of solar energy each year, which is a measure of how much bright and sunny weather a particular area gets. It isn't all sunshine in the area, however. Escambia County's FEMA-based coastal risk score is 147.0, ranking Pensacola at No. 48 for hazard risk among the analyzed areas. Sea levels are expected to rise 10 to 12 inches over the next 30 years, which will only increase the frequency and severity of coastal flooding or storm surges. Top U.S. coastal cities to call home in 2025 According to ConsumerAffairs, the following areas are the ten best coastal cities to migrate to in the U.S. Pensacola, Florida Bremerton, Washington Jacksonville, North Carolina Port Charlotte, Florida La Porte, Texas Salinas, California Galveston, Texas Palm Harbor, Florida Tampa, Florida Clearwater, Florida The full list by ConsumerAffairs is below. This article originally appeared on Pensacola News Journal: Pensacola best coastal city in Consumer Affairs report Solve the daily Crossword


Politico
3 hours ago
- Politico
Dem darling showered with Miriam Adelson-linked money
Esparza said Talarico has backed the legalization of casino gambling 'his entire career' because it 'will bring good jobs and additional tax revenue' to the state. Democrats have walked a political tightrope for years as they have campaigned against the power and influence of the super rich while also soliciting funds from moneyed donors such as Michael Bloomberg and LinkedIn co-founder Reid Hoffman. As they look to take back power in the Trump era, they are increasingly leaning into populism and bashing billionaires, opening themselves up to attacks of hypocrisy. 'It's … hard to argue that you are a person who meets the moment when you are cashing checks from the person who funded Donald Trump more than anybody but Elon Musk,' said a national Democratic operative who is not involved in the Texas Senate race and was granted anonymity to speak frankly. Talarico has been vocal about the influence of wealthy donors in Texas politics as he's been teasing a potential Senate run in recent weeks, saying that Republican billionaires 'basically control' the state government. 'Basically every single Republican state senator in Texas has taken their money. Every single one. A majority of the Republicans in the state House have taken their money,' he said on 'The Joe Rogan Experience,' referring to GOP contributors Tim Dunn and Farris Wilks, who made their fortune in oil and fracking. 'They increasingly run this whole government here in Texas.' Talarico likewise told Esquire that he has 'been outspoken about the billionaire megadonors who basically run our state government' and 'would hope to be a voice against corruption' if elected to the Senate. Talarico's team said he has one of the biggest grassroots fundraising operations in the state legislature, with 90 percent of his donors in the 2024 cycle giving him less than $100. Talarico is one of several Democrats eyeing a Senate run in Texas, where incumbent Republican Sen. John Cornyn is facing a primary challenge from Texas Attorney General Ken Paxton. Democratic former Rep. Colin Allred, who unsuccessfully challenged Sen. Ted Cruz last year, has announced a comeback bid, and other potential Democratic contenders include former Rep. Beto O'Rourke and Rep. Joaquin Castro. Spokespeople for Adelson and the Texas Sands PAC declined to comment.


Business Upturn
5 hours ago
- Business Upturn
Anupam Mittal criticises ban on real-money gaming, calls it moral policing disguised as policy
By News Desk Published on August 21, 2025, 13:05 IST Anupam Mittal, founder and CEO of People Group and well-known angel investor, has sharply criticised the Indian government's recent decision to ban real-money gaming, arguing that the move destroys a legitimate industry while failing to address the root concerns. In a LinkedIn post, Mittal drew parallels with past bans, noting that prohibitions rarely stop consumption but often push activities into black markets. He highlighted that the real-money gaming sector contributed significantly to the economy, generating around ₹27,000 crore in GST annually, driving more than ₹10,000 crore in ad revenues, and creating thousands of jobs in games of skill. 'Why? Because many got addicted. Some went broke. Fair concerns but do we ban alcohol because some become alcoholics? Do we ban stock trading because some blow up their savings?' Mittal wrote, questioning the rationale behind blanket prohibitions. According to him, most bans have three outcomes: the government loses revenue, users lose protection, and black markets thrive. Citing reports of an illegal gaming market worth ₹8.3 lakh crore, he warned that the ban could fuel unregulated activity rather than curb addiction. While acknowledging the hope that the ban might encourage growth in real gaming and e-sports in the long run, Mittal said that at present, the move looks like 'moral policing dressed up as policy.' He also quipped whether India is trying to 'out-ban China.' The post has sparked debate within the industry, as stakeholders weigh the economic and social consequences of the ban against its intended protections. Ahmedabad Plane Crash News desk at