FedEx Names Operating Chief Subramaniam to Succeed Smith as CEO

  • Fred Smith becomes courier’s executive chairman as of June 1
  • Subramaniam joined FedEx in 1991, has been COO since 2019
FedEx CEO Smith Steps Down, Subramaniam Moves Up
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FedEx Corp. named Raj Subramaniam as its new chief executive officer, taking the reins of the package-shipping company from the man who pioneered express delivery almost 50 years ago.

Subramaniam, 56, who is currently president, will move into the new position on June 1, FedEx saidBloomberg Terminal Monday. He takes over from the company’s legendary founder Fred Smith, who will become executive chairman.