David Rebholz, the head of FedEx's (FDX) Ground segment, will be retiring on May 31. He'll be...

|About: FedEx Corporation (FDX)|By:, SA News Editor

David Rebholz, the head of FedEx's (FDX) Ground segment, will be retiring on May 31. He'll be replaced by division VP and 25-year FedEx vet Henry Maier. The Ground segment posted revenue of $2.59B in the Nov. quarter, +11% Y/Y and above the 5% growth reported by FedEx overall. (PR)