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MEMPHIS - FedEx Corp. (NYSE:FDX), currently trading at $227.48 and considered undervalued according to InvestingPro analysis, announced Wednesday the appointment of Vishal Talwar as executive vice president, chief digital and information officer, and president of FedEx Dataworks, effective August 15.
Talwar joins FedEx from Accenture Technology, where he served as senior managing director and chief growth officer. He brings over 27 years of experience in technology, with expertise in data science, digital infrastructure, and enterprise-scale transformation. This appointment comes as FedEx, with its robust market capitalization of $53.6 billion and strong EBITDA of $11 billion, continues to strengthen its digital capabilities.
In his new role, Talwar will lead the company’s digital transformation initiatives, focusing on developing innovative solutions powered by data and AI, advanced technology, enterprise architecture, and cybersecurity measures.
"I am honored to join FedEx during such a transformative period as the company leverages the power of technology, data, and AI to make supply chains smarter for everyone," Talwar said in the press release.
Prior to this appointment, Talwar worked with FedEx for nearly two years through his position at Accenture, advising on the company’s digital transformation efforts. His previous experience includes positions at IBM and Dell Services.
FedEx CEO Raj Subramaniam stated that Talwar’s "institutional knowledge and industry expertise will be instrumental" as the company advances its long-term strategy.
With this appointment, senior leaders of the Data and Technology and Dataworks organizations will report directly to Talwar.
FedEx reported annual revenue of $88 billion and employs more than 500,000 people globally, according to the company’s press release. The company maintains a healthy dividend yield of 2.52% and has maintained dividend payments for 24 consecutive years. InvestingPro subscribers can access detailed analysis and 6 additional key insights about FedEx’s financial health and market position through the comprehensive Pro Research Report, available exclusively on the platform.
In other recent news, FedEx reported fourth-quarter adjusted earnings per share of $6.07, surpassing the consensus estimate of $5.81. Despite this positive earnings report, UBS lowered its price target for FedEx to $297, citing visibility concerns, though it maintained a Buy rating. Similarly, Evercore ISI reduced its price target to $249, maintaining an Outperform rating, highlighting tariff headwinds as a factor in their decision.
FedEx also announced a quarterly cash dividend of $1.45 per share, payable on October 1, 2025, to shareholders of record as of September 8, 2025. In leadership changes, Sriram Krishnasamy stepped down from his roles as Executive Vice President, Chief Digital and Information Officer, and Chief Transformation Officer, remaining as an Executive Advisor until October 31, 2025. Additionally, FedEx resumed services to and from Israel on June 27, following a suspension due to regional flight safety risks. These developments reflect the company’s ongoing adjustments and strategic moves in response to various challenges and opportunities.
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