Press Releases
Cunningham named President for Asia Pacific and Yin Vice President for South Pacific
HONG KONG, November 16, 1999 - Federal Express Corporation, the
world's largest express transportation company, today announced
key executive appointments to further strengthen and consolidate
senior management in the all-important Asia Pacific marketplace.
David L. Cunningham is appointed to President for Asia Pacific
Division, while Peter Yin, currently Vice President for Hong Kong
and Macau as well as Vice President of Marketing and Communications
for Asia Pacific, will succeed Cunningham as Vice President of South
Pacific Region. Rajesh Subramaniam, Vice President of Electronic
Commerce and Customer Service for Asia Pacific, will take on additional
responsibility for marketing and communications.
The new appointments will take effect immediately as incumbent
Asia Pacific President Michael L. Ducker has assumed the new position
of Executive Vice President of International Operations, based in
Memphis, Tennessee, USA.
"Asia Pacific has certainly become the leading growth market for
FedEx worldwide. With our unique, fully integrated air express and
information technology networks, FedEx is well positioned to take
advantage of the rising opportunities for supply chain management
and the increasing need for time-definite, reliable express delivery
services driven by the Internet commerce boom in Asia," said Ducker.
"David Cunningham brings over 10 years of experience with FedEx
Asia Pacific, and will be able to continue our dynamic growth as
the region's leading provider of total logistics solutions."
FedEx's Asia Pacific Division is one of the company's most dynamic
operating divisions, comprising three geographic regions: North
Pacific, with headquarters based in Tokyo; China and Mid-Pacific,
with headquarters in Hong Kong; and South Pacific, based in Singapore.
Cunningham was involved in providing financial planning and control
support to FedEx Asia Pacific in late '80s. In his last assignment
as Vice President for South Pacific Region, Cunningham led a staff
of over 2,000 in devising and implementing corporate strategies
and managing operations in some of the world's fastest-growing economies
in Southeast Asia, Australia and New Zealand.
Peter Yin, the new South Pacific Regional Vice President, will
continue to develop exciting opportunities in emerging South Pacific
markets which include Australia, Brunei, Indo-China, Indonesia,
Malaysia, New Zealand, the Philippines, Singapore and Thailand.
"Peter Yin has been in Asia Pacific for over seven years, charting
and implementing some of our most successful marketing strategies
and plans. We look forward to having his leadership and foresight
focused on steering our growth in the South Pacific region," said
Ducker.
Rajesh Subramaniam will take on the Asia Pacific responsibilities
of marketing and communications in addition to his role as Vice
President of Electronic Commerce and Customer Service. "As the Asia
Pacific market teems with new opportunities, Subramaniam's solid
expertise and long-standing track record make him the ideal choice
to direct our marketing while, at the same time, continuing his
exemplary contributions to FedEx's leadership in e-commerce in Asia,"
said Ducker.
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