FedEx Calls For Washington Redskins To Change Name
Video Credit: Wochit - Duration: 00:41s - Published
FedEx Calls For Washington Redskins To Change Name

FedEx Calls For Washington Redskins To Change Name

According to CNN Business, FedEx, a major sponsor of the Washington Redskins, has asked the NFL team to change its name.

This comes after mounting pressure from investors who oppose the name's racist connotations.

FedEx said that over 80 groups and shareholders that invest in them demanded that FedEx CEO Frederick Smith "terminate its business and public relationships" with the franchise because of the name.

FedEx sponsors and has naming rights for the stadium the Washington Redskins plays in.

Similar investor letters were also sent to the CEOs of Nike, which produces the Redskins uniforms and equipment, and Pepsi, its snack and beverage partner.

Investors credited the Black Lives Matter movement for shining light on centuries of systemic racism.

Investors added, "It is time for FedEx to meet the magnitude of this moment, to make their opposition to the racist team name clear, and to take tangible and meaningful steps.."

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NBC26

NBC26 News On Thursday evening, FedEx — the company that pays the Redskins to display its name on their stadium — publicly cal… https://t.co/69LW9ffDVT 53 seconds ago

OpusLivesOn

spencer nose RT @seungminkim: FedEx, stadium sponsor for the Washington Redskins, calls on team to change its name https://t.co/6p8mu39ke4 4 minutes ago

Gnostic_3times

💨Peter Popoff🌴🇯🇲🇺🇸😷 FedEx calls on Washington Redskins to change name https://t.co/pu4tHcVqor 8 minutes ago

UcheGio

Giovanni Uchechukwu Eze-Colgate RT @germanotes: FedEx has asked the Washington Redskins to change their team name, per a spokeswoman. As the NFL team's stadium sponsor, it… 8 minutes ago

torreypiney

torreypiney (東堂日菜子) RT @10News: FedEx, a major sponsor of the Washington Redskins, calls on team to change its nickname https://t.co/5gs3AGTZzh 16 minutes ago

WEWS

News 5 Cleveland FedEx, a major sponsor of the Washington Redskins, calls on team to change its nickname https://t.co/I1sbRAPIf1 31 minutes ago

Ianpgary

Ian Gary Good move by @FedEx @FedExPolicy - company calls on Washington @NFL team to change racist name following investors’… https://t.co/QYXADP4ccb 37 minutes ago

phillyleighton

Brian Leighton FedEx calls on Washington Redskins to change name following investors’ demands on sponsors, via @lizclarketweet. https://t.co/K5oiZ8h0NL 46 minutes ago