FedEx ripped over Washington Football Team name change during shareholder meeting – By Thomas Barrabi (FOX Business) / Sept 21 2020
A shareholder accused FedEx of alienating “wide swaths of customers” by pressuring the team to change its name.
FedEx executives faced criticism for their role in pressuring the Washington Football Team to change its name during the company’s shareholder meeting on Monday.
During the virtual event, FedEx CEO and Chairman Fred Smith read a question from a shareholder who argued the company had “alienated wide swaths of customers who are sick to death of loud performative wokeness” when it publicly called for the franchise to discontinue use of its “Redskins” name and logo. The shareholder asked if the company would back off the issue and “refocus on its core business,” according to the Memphis Commercial Appeal.
In response, FedEx Chief Marketing Officer Brie Carere said the company evaluates “all marketing sponsorships through our commitment to diversity, equity and inclusion.” FedEx is one of the Washington Football Team’s biggest sponsors and holds naming rights to its home stadium, FedEx Field.
Continue to article: https://www.foxbusiness.com/sports/fedex-shareholder-washington-football-team-name-change
