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Shareholders Say Washington, DC NFL Team Name Presents Heightened Reputational Risks to Stadium Sponsor FedEx

July 16, 2014

  FedEx Increasingly Embroiled in Ongoing Controversy over “Redskins” Name   July 16, 2014: Last week, FedEx won approval from the Securities and Exchange Commission for its effort to remove a shareholder proposal focused on the ongoing controversy over the “Redskins” name from its upcoming annual proxy. Investors filed a shareholder proposal in April with FedEx Corporation (NYSE:FDX) asking the company to “respond to reputational damage from its association with the Washington D.C. NFL franchise team” and its name controversy. FedEx possesses the naming rights to the team’s stadium, FedExField, in Landover, Maryland through 2026. Investors are now urging FedEx …

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