Arthur W. Page Society Elects New President and Trustees at Annual Conference

Chicago, IL -- September 15, 2009. William G. (Bill) Margaritis, senior vice president, global communications and investor relations of FedEx Corporation, was named the 13th president of the Arthur W. Page Society at the Page Society’s annual business meeting in Chicago this morning. The membership of the 26 year-old Page Society also elected five new trustees to the board of directors and re-elected eight members to the board.

Margaritis oversees global reputation management, investor relations, public relations, employee communications and social responsibility programs for FedEx and its subsidiaries. He has been with FedEx since May 1997. During his tenure FedEx has been consistently ranked as one of the most admired companies in the world and recognized as a “best place to work.”

“The principles of the Page Society, which include honesty, customer focus and managing for tomorrow, are increasingly important in this era of instant, but not always accurate, communication,” Margaritis said. “Organizations such as the Page Society play a key role in strengthening leadership at the executive level and setting the course for the communications discipline. I am grateful for this opportunity and thank not only the great communicators I’ve had the pleasure to work with over the years but also the outstanding communications team at FedEx.”

Prior to joining FedEx, Margaritis was vice president of Bechtel International, based in London, England, and was responsible for managing public relations and marketing communications for Europe, Middle East, Africa and Southwest Asia. He also worked in Washington, D.C., and Athens, Greece, for separate divisions of the company.

Margaritis begins his term on January 1, 2010 and succeeds Maril MacDonald, CEO of Gagen MacDonald as president of the Society.

The five new trustees are Barry H. Caldwell, senior vice president government affairs and corporate communications, Waste Management, Inc.; Herbert Heitmann, senior vice president global communications at SAP; Sandra Macleod, CEO Echo Research, Ltd.; Sally Benjamin Young, vice president communications, Lundbeck, Inc.; and Kimberley White, vice president corporate communications, Baxter International Inc.

The eight board members who were re-elected to three year terms include Cathy Babington, senior vice president communications at Abbott; Peter Debreceny, consultant at Gagen MacDonald; Jon Iwata, senior vice president marketing and communications, IBM; Margery