Omer Yusuf

1 month ago | bizjournals.com | Expandstephen MacLeod |Omer Yusuf

Each of First Horizon's top five executives received base salary raises in FY 2024. All five of First Horizon Corp.’s top executives received base salary raises in FY 2024, according to a recent U.S. Securities Exchange and Commission (SEC) filing. Four of the five executives earned more in total compensation from FY 2023 to FY 2024, with the exception of First Horizon chairman, CEO, and president Bryan Jordan.

1 month ago | bizjournals.com | expandJason Bolton |Omer Yusuf

The school is also restructuring ticket prices for the Club and Plaza levels as part of the changes. The University of Memphis athletic department announced on Tuesday, April 1, a planned capacity reduction for Memphis Tigers men’s basketball home games at FedExForum next season. The U of M plans to reduce the north and south sides of the Terrace Level by 3,649 seats at FedExForum for the 2025-26 basketball season.

1 month ago | bizjournals.com | Omer Yusuf

The changes come as another landmark moment is approaching in college athletics regarding student-athletes and compensation from their respective universities. The University of Memphis athletic department is making significant changes to tickets and parking prices. Those changes would take effect for the 2025-26 season across men’s and women’s basketball and football.

1 month ago | bizjournals.com | Omer Yusuf

FedEx Supply Chain’s operations in Lebanon rank as the sixth-largest employer in Wilson County. FedEx Corp. plans to lay off a significant portion of its workforce in Lebanon. The Memphis-based company filed a WARN (worker adjustment and retraining notification) notice with the state on March 31 about the upcoming layoffs. FedEx Supply Chain’s Lebanon facility at 6850 Eastgate Blvd. is listed as the site of the layoffs, with 217 employees impacted.

1 month ago | bizjournals.com | expandJason Bolton |Omer Yusuf

FedEx recently explained why it chose this company as part of its ongoing global network expansion. FedEx Corp. recently shared more details about a major acquisition the company completed in February to bolster its global network. The Memphis-based logistics giant acquired RouteSmart Technologies, a software company based in Maryland, for $113 million through a combination of stock and cash, according to a U.S. Securities Exchange and Commission (SEC) filing.