FedEx Executive Vice President And CFO Mike Lenz To Retire Effective July 31
Portfolio Pulse from Benzinga Newsdesk
FedEx Executive Vice President and CFO Mike Lenz will retire effective July 31. The company will announce a successor in the coming months.
June 20, 2023 | 8:08 pm
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NEUTRAL IMPACT
FedEx CFO Mike Lenz's retirement may cause short-term uncertainty, but the company is expected to announce a successor soon.
The retirement of FedEx's CFO may cause some short-term uncertainty in the stock price, as investors may be concerned about the transition. However, the company is expected to announce a successor in the coming months, which should alleviate concerns and stabilize the stock price.
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IMPORTANCE 60
RELEVANCE 100