Directors are paring down their board seats and opting not to stand for reelection or are alerting companies that they’ll be retiring or resigning, based on a review of recent filings. Directors at companies such as Exelon, Halliburton, Loews and J. Crew Group announced board departures this month, according to SEC filings analyzer MyLogIQ.

Meanwhile, the FedEx board on Jan. 28 announced it had amended its corporate governance guidelines so that its mandatory retirement age guideline would apply to only non-management directors, effective immediately. FedEx founder, CEO and chairman Fred Smith is 74 and would have been required to retire from the board after his 75th birthday. Instead, the board tweaked its guideline, and Smith will remain as board chairman. However, the board also announced that president and COO David Bronczek would join the board, effective immediately.