FedEx raises dividend by over 50%, adds two directors to board

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The company also said it would add two directors – Amy Lane and Jim Vena – to its board as part of an agreement with hedge fund D.E. Shaw.

Vena most recently held the role of chief operating officer at Union Pacific (NYSE:UNP), while Lane serves as a director of NextEra Energy Inc (NYSE:NEE) and TJX Companies Inc (NYSE:TJX).