Summary by Moomoo AI
On March 11, 2024, FedEx Corporation filed a Form 8-K with the SEC, announcing significant executive changes and amendments to its corporate governance bylaws. Robert B. Carter, the Executive Vice President of FedEx Information Services and Chief Information Officer, will step down from his current role on June 30, 2024, and retire at the end of the year. He will serve as Executive Vice President and Senior Advisor from July 1 until his retirement. Concurrently, Sriram Krishnasamy has been appointed as the Chief Digital and Information Officer-Elect and Chief Transformation Officer, effective immediately, and will assume the full position on July 1, 2024. FedEx's Board of Directors also approved immediate amendments to the Company's Bylaws, which include provisions for the Board to authorize certain officers to elect, remove, and fill vacancies for specific roles, along with several administrative and clarifying changes. The amended Bylaws, effective as of March 11, 2024, were attached to the report as Exhibit 3.1.