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Don Colleran, the president and CEO of FedEx Express, the world’s largest express delivery company, has announced his retirement after 40 years of service. The FedEx Express global network, which operates in more than 650 airports worldwide and provides time-sensitive air-ground express service, provides services in more than 220 countries and territories. Also, Colleran manages and controls the FedEx Express business, which includes TNT Express and FedEx Express. Richard W. Smith will succeed him on April 1, 2022, and will begin work on September 1 of that year. Wikipedia: How Old Is FedEx CEO Donald ‘Don’ Colleran? Don Colleran appears to be a man in his late 60s based on his appearance and professional accomplishments. Similarly, one online user listed Colleran’s age as 64. However, Richard, his successor as CEO of FedEx, is currently 39 years old, according to several web sources. Colleran, a Massachusetts native, earned a bachelor’s degree in business administration from the University of New Hampshire. He is part of the Board of Governors of IATA, the Board of Directors of ABM Industries, and the Board of Directors of EastGroup Properties. In addition, Irish America magazine named him one of its Business 100, and he is a member of the American Chamber of Commerce. Don Colleran’s Income And Salary From 40 Years Of FedEx Career FedEx paid Donald Colleran a total salary of €4,426,780 when he was president and CEO of FedEx Express. Frederick Smith was not paid by six FedEx executives and had the highest salary of $11,125,800, according to the website Wall Mine. Colleran began working for FedEx as an international sales manager in Philadelphia in 1989. He moved to Tokyo in 1992, beginning a 12-year career in international sales and operations management. Colleran rose to the position of managing director of sales for the North Pacific area during his time in Tokyo. He was selected in 1997 to serve as vice president of sales for the Asia-Pacific region, with headquarters located in Hong Kong. Colleran ran FedEx Canada for three years, starting in 2000, before being named senior vice president of international sales and moving to Memphis. In 2006, he was made executive vice president of international sales and solutions by FedEx Services. His Net Worth As President And CEO Of FedEx Express Donald F. Colleran, president and CEO of FedEx Express, is thought to be worth around $22.84 million as of now. Donald F. Colleran holds approximately 39,054 shares of FedEx Corporation common stock. Colleran sold goods to FedEx Corp. to an estimated $13.37M over the past five years, according to beginza’s website. On the other hand, Colleran made his largest buy order on May 11, 2021, for 13,425 units, totaling more than $1.93 million. On May 4, 2021, Colleran received a sale order for 17,150 units valued at more than $5.15 million. Additionally, during his five years at FedEx Corporation, he completed approximately 12 transactions; he typically completes transactions in June, with 2021 and 2017 being the busiest years. Don Colleran Pictured With Family Paul Casey: Who Is Don Colleran’s Wife? Colleran appears to be married, as evidenced by his wife and children. The businessman has only released details about his professional life; he remained tight-lipped about his personal life. Overall, he was responsible for more than $70 billion in annual global revenue generated by all FedEx operating companies while serving as executive vice president and chief sales officer at FedEx Corp. His global sales and service teams implemented FedEx’s growth strategy. By providing opportunities for businesses to reach new markets, overcome trade restrictions, and conduct business overseas, they help clients grow their operations. Who is Don Colleran? Everything You Need to Know About FedEx Express President and CEO Don Colleran serves as president and CEO of FedEx Express, the world’s largest express shipping company. The FedEx Express global network provides time-sensitive air-ground express service to more than 220 countries and territories through more than 650 airports worldwide. Colleran manages and oversees the FedEx Express group, which includes FedEx Express and TNT Express. Prior to this, Colleran held the positions of executive vice president and chief sales officer at FedEx Corp. He oversaw multiple operating units of the company, which generated more than $70 billion in annual global revenue. His global sales and solutions teams implemented FedEx’s growth strategy. By providing opportunities to access new markets and creative sales strategies, they help clients grow their businesses. Who is FedEx CEO Don Colleran? – Wikipedia Vice President of International Sales and Solutions at FedEx Services since 2006, Don Colleran manages more than 7,000 employees worldwide. Don began working at FedEx in 1989 as manager of international sales. He moved to Tokyo in 1992 and began a 12-year career in operations management and international sales. After serving as managing director of sales for the North Pacific region, Don was appointed vice president of sales for the Asia Pacific region in 1997. In 2000, he was promoted to FedEx Canada. Three years after moving to Memphis, Tennessee, he accepted the position of senior vice president of international sales. Don is a third generation Irish American raised in Galway and Cork and born in Boston, Massachusetts. The University of New Hampshire awarded him a BS in business administration upon graduation. He belongs to the American Chamber of Commerce, the US-ASEAN Business Council, and the board of directors of the children’s charity Indy Festival Foundation. He also serves on the board of the InMotion Orthopedic Research Center. Don Colleran’s Salary In 2022 As president and chief executive officer of FedEx Express, Donald Colleran is entitled to a total compensation package from FedEx in the amount of €4,426,780. According to website wall mining, Frederick Smith has the highest compensation at FedEx, amounting to $11,125,800, however there are six other FedEx executives who earn more than him. FedEx Corporation provides commercial, electronic commerce (e-commerce), and transportation services within the United States and around the world. The company’s FedEx Express division offers a variety of delivery services, including for time-sensitive transportation, cross-border e-commerce technologies, and e-commerce transportation solutions. These services include express delivery, small-package ground delivery, and freight delivery. FedEx Ground provides same-day delivery services to residential as well as commercial establishments. Less-than-truckload freight transportation services are offered by FedEx Freight, which is a division of the company. As of May 31, 2021, this category has approximately 29,000 vehicles and 400 service outlets. More About Don Colleran Net Worth It is estimated that Donald F. Colleran, who serves as the president and chief executive officer of FedEx Express, has a net worth of approximately $22.84 million at the present time. Donald F. Colleran is the owner of approximately 39,054 shares of FedEx Corporation common stock. According to information provided on the beginza website, Donald F. Colleran obtained sales at FedEx Corp. totaling an estimated $13.37 million over the past five years. Donald F. Colleran submitted his largest purchasing order on May 11, 2021, which included 13,425 items and a total price of more than $1.93 million. Donald F. Colleran was awarded a purchase order for 17,150 units valued at more than $5.15 million on May 4, 2021. Donald F. Colleran has worked for FedEx Corporation for approximately five years and has successfully completed twelve deal. The month of June is often Donald F. Colleran’s busiest trading month, with 2021 and 2017 being his busiest years overall.
