In 2022, Frederick W. Smith earned $2.62M in total compensation at FedEx, primarily from $1.41M salary. Most recently sold 113,400 shares in Apr 2024. Currently holds stock worth $4.20B. Has donated $384.04M in stock to charitable causes. Led FedEx as CEO for 24 years.
Compensation History
Annual executive compensation data for Frederick W. Smith, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.62M
Salary
$1.41M
Bonus
$0.00
Other
$1.20M
Salary
$1.41MBoard 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
$0.00Board Justification
No bonus was paid in 2022 as the threshold objective for adjusted consolidated operating income was not achieved.
Other Compensation
$1.20MBoard Justification
Includes perquisites such as personal use of corporate aircraft, security services, tax return preparation, and insurance premiums.
Restricted Stock
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.
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 - 81 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.
Other FedEx CEOs
Holdings
Track Frederick W. Smith's stock holdings and portfolio value over time.
Total Stock Sold
$363.58M
$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 $629.10M.
This is 73.03% and $265.51M more than what they got when they sold the stock.
Charitable Transactions
1,401,349 shares
FDX
Recent Charitable Transactions
601,155 shares
FDX
Dec 28, 2021
Charity
75,359 shares
FDX
Jan 2, 2021
Charity
68,192 shares
FDX
Jan 24, 2019
Charity
1,700 shares
FDX
Jan 2, 2019
Charity
137,879 shares
FDX
Jan 2, 2018
Charity
41,000 shares
FDX
Dec 29, 2016
Charity
Insider Trading
Frederick W. Smith's recent stock transactions, purchases, and sales filed with the SEC.
$31.13M
FDX at $274.56/share
Apr 9, 2024
Sale
$30.61M
FDX at $232.36/share
Apr 11, 2023
Sale
300,000 shares
FDX
Dec 28, 2021
Charity
601,155 shares
FDX
Dec 28, 2021
Charity
$29.61M
FDX at $290.25/share
Apr 15, 2021
Sale
75,359 shares
FDX
Jan 2, 2021
Charity
$18.32M
FDX at $117.65/share
May 7, 2020
Sale
$29.58M
FDX at $190.01/share
Apr 5, 2019
Sale
68,192 shares
FDX
Jan 24, 2019
Charity
1,700 shares
FDX
Jan 2, 2019
Charity
Rivals
Compare Frederick W. Smith with competitor CEOs and industry peers.