David Bronczek is to take the helm at FedEx Corporation with David Cunningham filling his position in charge of FedEx Express from 1 February.

Bronczek will be president and chief operating officer of FedEx Corporation with responsibility for marketing, sales and all FedEx operating companies, while Cunningham will take over as president and chief executive officer of subsidiary FedEx Express.

FedEx Corporation chairman and chief executive officer, Frederick Smith says: “He is uniquely qualified to take on the position of President and Chief Operating Officer. Under Dave’s leadership for the past 17 years, the FedEx Express team has achieved outstanding financial results and service levels.”

Cunningham, Bronczek’s successor has previously served as regional president of the Asia Pacific region and as executive vice president and chief operating officer.

In his new position, he will be responsible for leadership and direction of FedEx Express, including TNT, and he will also serve on the Strategic Management Committee of FedEx Corporation.

Smith says: “Beginning more than 30 years ago at the Memphis World Hub, David Cunningham has progressed through the FedEx ranks and served in leadership roles in finance, as well as domestic and international operations. These experiences have prepared him to lead FedEx Express – our largest operating company.”