By Kevin McCauley
Bill Margaritis, chief of communications and investor relations at FedEx and immediate past chairman of the Arthur W. Page Society, has accepted a buyout package from the $43B package courier.
The native of Greece was in charge of all reputation management, investor relations, public relations, employee communications and social responsibility programs for FedEx and its subsidiaries in 220 countries, according to his corporate bio posted on the Memphis-based company’s site.
FedEx is undergoing a reorganization that is expected to be announced in February, spokesperson Shea Leordeanu told O’Dwyer’s.
Asked about a replacement for Margaritis, she said the company is not in a position to speculate about further changes at this time.
“Fedex values the strategic role that corporate communications and investor relations plays in building and protecting the FedEx reputation and culture, and supporting the business,” Leordeanu said via email.
Before joining FedEx 16 years ago, Margaritis was a London VP at Bechtel International, staffer at Occidental Petroleum and member of the U.S. Commerce Dept.’s office of intergovernmental affairs. In 1984, he worked for the Reagan-Bush re-election campaign as deputy director for the State of Michigan.
Margaritis is immediate past chairman of the Arthur W. Page Society. He immigrated to the U.S. with his family at the age of eight.
Margaritis has not yet been reached. Michael Glenn is executive VP of market development and corporate communications at Fedex. |