FedEx Corp. founder Fred Smith will become executive chairman effective June 1 and current President and Chief Operating Officer Raj Subramaniam will be promoted to President and CEO.
“Over the course of five decades, Fred built FedEx from the ground up into one of the most iconic and innovative companies the world has ever known,” said American Trucking Associations President and CEO Chris Spear. “His contributions have not only benefited our industry; they have helped transform our economy and forever changed the way we all live.”
Subramaniam has more than 30 years of global experience across strategy and operations. Prior to his role as president and COO of FedEx Corp., Subramaniam was president and CEO of FedEx Express, the world’s largest express transportation company. He also served as executive vice president and chief marketing and communications officer of FedEx Corp., where he was responsible for developing the corporate strategy.
