Sundar PichaiSundar Pichai earned $164M in 2023

Frederick W. Smith, the founder of FedEx, has significantly shaped the shipping and logistics industry since he started the company in 1971. He has been the CEO and Chairman since 1998, guiding FedEx through major changes in technology and market...

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Frederick W. Smith

Founder and Ex-CEO of FedEx

Education

Bachelor's degree in economics from Yale University.

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

August 11, 1944 - 80 years ago

CEO of FedEx for

24 years 4 months (Jan 1998 - May 2022)

Previous Experience

Founder of FedEx Corporation, served in various roles since its inception.

Holdings

See how much did Frederick W. Smith make over time.

Frederick W. Smith has significant holdings in FedEx, with nearly 19.6 million shares, making him one of the largest shareholders. This ownership reflects a deep commitment to the company and its success. Over the years, his wealth in FedEx stock...

Mar 18, 2025

Total Stock Sold

$363.58M

FDX

$363.58M

2,295,555 FDX shares

What if they kept their stock?

If Frederick W. Smith didn't sell their stock, today they would have:
Extra FDX2,295,555 shares worth $288.18M.
This is -20.74% and $75.40M less than what they got when they sold the stock.

Charitable Transactions

FDX

1,401,349 shares

FDX

Recent Charitable Transactions

FDX

601,155 shares

FDX

Dec 28, 2021

Charity

FDX

75,359 shares

FDX

Jan 2, 2021

Charity

FDX

68,192 shares

FDX

Jan 24, 2019

Charity

FDX

1,700 shares

FDX

Jan 2, 2019

Charity

FDX

137,879 shares

FDX

Jan 2, 2018

Charity

FDX

41,000 shares

FDX

Dec 29, 2016

Charity

Insider Trading

See recent insider trades of Frederick W. Smith.

FDX

$31.13M

FDX at $274.56/share

Apr 9, 2024

Sale

FDX

$30.61M

FDX at $232.36/share

Apr 11, 2023

Sale

FDX

300,000 shares

FDX

Dec 28, 2021

Charity

FDX

601,155 shares

FDX

Dec 28, 2021

Charity

FDX

$29.61M

FDX at $290.25/share

Apr 15, 2021

Sale

FDX

75,359 shares

FDX

Jan 2, 2021

Charity

FDX

$18.32M

FDX at $117.65/share

May 7, 2020

Sale

FDX

$29.58M

FDX at $190.01/share

Apr 5, 2019

Sale

FDX

68,192 shares

FDX

Jan 24, 2019

Charity

FDX

1,700 shares

FDX

Jan 2, 2019

Charity

Compensation History

See how much did Frederick W. Smith make over time.

In 2022, Frederick W. Smith's total reported compensation was approximately $10.6 million, which included a salary of about $1.4 million and over $1 million in other forms of compensation. Notably, he received no bonuses or stock options in that year, indicating a shift in his compensation structure. In previous years, his pay has varied significantly, reflecting both the company's performance and broader market conditions. Smith's compensation strategy aligns with FedEx's philosophy of linking executive pay to the company's long-term success rather than short-term gains, ensuring that his interests are aligned with those of the shareholders.

Year

2022

Total Compensation

$2.62M

Salary

$1.41M

Board Justification

FedEx aims to align executive compensation with performance, focusing on long-term value creation for shareholders, while ensuring competitive pay to attract and retain top talent.

Bonus

$0.00

Board Justification

No bonus was paid in 2022 as the threshold objective for adjusted consolidated operating income was not achieved.

Other

$1.20M

Board Justification

Includes perquisites such as personal use of corporate aircraft, security services, tax return preparation, and insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted in 2022 as Mr. Smith did not participate in the equity awards during fiscal 2023.

Performance Metrics

The performance metrics for determining compensation included adjusted consolidated operating income and individual performance objectives.

Other FedEx CEOs

Here are other CEOs of FedEx