FedEx names Raj Subramaniam as new CEO

Raj Subramaniam to step in as new CEO from June 1

FedEx names Raj Subramaniam as new CEO
Image: Raj Subramaniam. Credits: FedEx website

The US multinational courier delivery giant announced Raj Subramaniam as the new Chief Executive Officer (CEO) of FedEx on Monday. He will be replacing Frederick W Smith, who will step down from the position on June 1.

“Fred is a visionary leader and a legend of the business world. He founded one of the world’s greatest and most admired companies, and it is my honor and privilege to step into this role and build upon what he has created,” said Subramaniam.