FedEx has named Marshall Witt as senior vice president and chief financial officer of FedEx Freight, as the company finalizes its leadership team ahead of the planned spin-off of FedEx Freight into an independent company. Witt will take up the role on October 15, 2025.
Witt joins from TD Synnex, where he spent 12 years as CFO, helping to drive significant growth and leading the company’s 2020 spin-off of Concentrix. Before that, he worked for 15 years at FedEx, primarily in finance roles within FedEx Freight.
“Marshall’s extensive expertise in guiding companies through critical periods of transition to deliver profitable growth will unlock enterprise-wide value for FedEx Freight, its team members, customers, and stockholders,” said John Smith, president and chief executive officer – select of FedEx Freight. “I am confident the FedEx Freight leadership team brings the right industry and subject matter expertise to advance the company’s strategy and take it to new heights.”
Witt’s appointment completes the executive leadership team for the soon-to-be-independent company. Other key leaders include Mike Rodgers (CTO), Eddie Klank (chief human resources and legal officer), Mike Lyons (chief specialized services and commercial officer) and Clint McCoy (COO).
FedEx announced earlier this year that Smith will serve as president and chief executive officer of FedEx Freight after the spin-off, with R Brad Martin as chairman.
Witt said, “I am thrilled to work with this talented group of individuals to grow FedEx Freight as an independent business and lead the company into this exciting new chapter.
“I look forward to working closely with John and the broader leadership team to realize the value-creation opportunity the spin-off presents for stockholders.”
In related news, DHL made two new appointments to its global management board