FedEx Corp. elects Gary Loveman as new Director
Shareowners of FedEx Corp. today elected Gary W. Loveman, chairman, president and chief executive officer of Harrahs Entertainment, Inc., a provider of branded casino entertainment, to the corporations Board of Directors for a one-year term. The Board of Directors has appointed Loveman as a member of its Audit and Information Technology Oversight committees.
Gary is a highly welcome addition to our Board of Directors, said Frederick W. Smith, chairman, president and chief executive officer of FedEx Corp. We look forward to benefiting immediately from his leadership experience and keen insight.
Before joining Harrahs Entertainment in 1998, Loveman was an associate professor of business administration at the Harvard University Graduate School of Business Administration. Loveman was awarded a Ph.D. in economics from the Massachusetts Institute of Technology and a B.A. in economics from Wesleyan University. He serves on the board of directors of Harrahs Entertainment and is an outside director of Coach, Inc.
At its annual meeting today, shareowners also reelected the other thirteen director nominees, each for a one-year term: Frederick W. Smith, James L. Barksdale, August A. Busch IV, John A. Edwardson, Judith L. Estrin, Philip Greer, J.R. Hyde, III, Shirley A. Jackson, Steven R. Loranger, Charles T. Manatt, Joshua I. Smith, Paul S. Walsh and Peter S. Willmott.