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Company veteran David Binks is to step down as European president of FedEx Express in June, retiring from the industry after 35 years.

Mr Binks’ decision ends a career that began in a record year for the company, 1983, when FedEx became the first US business to reach $1bn revenue without mergers or acquisitions.

Rising through the ranks, he went on to lead express teams in Europe, the Middle East and Canada, before playing an instrumental role in the TNT purchase.

FedEx Express chief executive David Cunningham praised Mr Binks and announced that Bert Nappier would be replacing him.

“Throughout David’s remarkable 35-year career at FedEx, he contributed to the growth of our company around the globe,” said Mr Cunningham. “We wish him the best in his retirement.”

Currently FedEx Express senior vice president of finance – international, Mr Nappier will succeed Mr Binks on 1 June.

He joined the company in 2005. In addition to leading the international finance organisation, Mr Nappier serves as co-chair of the FedEx Integration Leadership Council, leading the global TNT integration efforts.

His role will be taken by another FedEx veteran, Helena Jansson, who has been with the company for more than two decades.

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