FedEx Overnights CIO to C1

Commerce One names ex-FedEx exec as COO

Pleasanton, CA April 11, 2001  Commerce One tapped former FedEx CIO Dennis H. Jones as the e-marketplace platform provider's new COO.

Jones, a 25-year FedEx veteran, was executive vice president of information technology and CIO for FedEx Corporation, where he led such technology initiatives as Web-based package processing and shipment tracking. He also sat on the company's five-person executive team responsible for the strategic direction of the $20 billion corporation.

As COO and vice chairman of the board at Commerce One, Jones, 48, will report directly to Mark Hoffman, Commerce One CEO and board chairman. Jones will be responsible for the company's engineering, marketing, financial, legal and administrative operations.

"Dennis has made a truly historic contribution to the role of technology in driving business change," Hoffman said. "We believe his appointment is strategic for Commerce One. Along with our customers and partners, Commerce One is building the foundation for the future of global commerce, enabling companies everywhere to buy, sell and collaborate on the Web. We are delighted to have Dennis join us in this effort, given his experience and proven leadership ability." 

"Adding Dennis Jones to the management team is a shrewd, strategic move for Commerce One," said Bruce Richardson, senior vice president of research strategy at  AMR Research. "At FedEx, Dennis presided over one of the most sophisticated technology organizations in the world. His knowledge of how to leverage technology at an operational level bodes well for Commerce One as the company continues into its next phase of growth."

During Jones' tenure at FedEx, the company grew from 2,000 employees and $30 million in revenues to more than 200,000 employees and $20 billion in global revenues. To support that growth, Jones built and led a technology organization with more than 5,000 professionals worldwide and an annual budget approaching $2 billion.

In recognition of his lasting contributions to the company during the past 25 years, FedEx has named the centerpiece building of its one-million-square-foot World Technology Center campus in Collierville, Tenn. "Dennis H. Jones Hall."