FedEx
FedEx is the world's largest express transportation company, delivering some 3.3 million packages daily. FedEx Freight hauls heavier items throughout the U.S. FedEx Kinko's offers copying, printing, and graphic design services and sells office supplies. Kinko's also serves as a drop-off point for customers mailing packages. [1]
Ad boycott against Air America Radio
FedEx refused to advertise on the progressive Air America Radio. In October 2006, around 90 companies, including FedEx, told ABC Radio Networks that they did not want their ads to play on any radio stations that carried Air America Radio. [2] [3] [4]
Political contributions
Frederick W. Smith, Chair, President & CEO of FedEx, is a Bush Pioneer having raised at least $100,000 for Bush in the 2004 presidential election. [5]
FedEx gave $1,234,900 to federal candidates in the 05/06 election period through its political action committee - 34% to Democrats, 66% to Republicans. [6]
Lobbying
The company spent $3,200,000 for lobbying in 2006. In-house lobbyists as well as 13 outside lobbying firms were used, including Van Scoyoc Associates, Inc., PricewaterhouseCoopers, Bryan Cave Strategies, Sonnenschein, Nath & Rosenthal, and Womble, Carlyle et al. [7]
Personnel
| Key executives and 2007 pay: [8] | Options exercised |
|||
| Frederick W. Smith, Chairman and Chief Executive Officer | $6,170,000 | $25,070,000 | ||
| Alan B. Graf, Jr., Chief Financial Officer | $2,670,000 | $5,330,000 | ||
| David J. Bronczek, Chief Executive Officer of FedEx Express | $3,110,000 | $6,580,000 | ||
| Robert B. Carter, Chief Information Officer | $2,360,000 | $2,010,000 |
Selected board members:[9]
- James L. Barksdale, Chairman and President, Barksdale Management Corporation
- August A. Busch IV, President and CEO, Anheuser-Busch
- Shirley A. Jackson, President, Rensselaer Polytechnic Institute
Contact details
942 S. Shady Grove Road
Memphis, TN 38120
Phone: 901-818-7500
Fax: 901-395-2000
Web: http://www.fedex.com
Resources and articles
Related Sourcewatch
References
- ↑ Profile, Hoovers, accessed July 2007.
- ↑ Marc Fisher, "Air America, in the Throes of Victory?", The Washington Post, December 10, 2006.
- ↑ "Air America on Ad Blacklist?", FAIR, October 31, 2006.
- ↑ "Air America Blackout", FAIR.org/ABC memo, October 25, 2006.
- ↑ Bush Pioneer Frederick W. Smith, Texans for Public Justice, accessed August 2007.
- ↑ Federal Express Corp, 2006 PAC Summary Data, Open Secrets, accessed July 2007.
- ↑ FedEx lobbying expenses, Open Secrets.
- ↑ FedEx Key Executives, Yahoo Finance, accessed October 2007.
- ↑ Board of Directors, Fedex, accessed July 2007.