Raj Subramaniam to Become President and CEO of FedEx Corporation; Frederick W. Smith to Serve as Executive Chairman

FedEx Corp. announced today that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief Operating Officer, will be promoted to President and CEO.

In addition, R. Brad Martin, Chair of the Board’s Audit Committee, is now non-executive Vice Chairman of the Board. As Vice Chairman of the Board, Martin is the Board’s designated successor to serve as Chairman of the Board. David P. Steiner, Chair of the Board’s Governance, Safety, and Public Policy Committee, will continue to serve as Lead Independent Director. Smith and Subramaniam will both report directly to the Board, and the Chief Operating Officer position will not be backfilled. As part of the transition, Subramaniam has been named President and CEO-elect of FedEx Corp. effective immediately.
more at: http://investors.fedex.com/news-and-events/investor-news/investor-news-details/2022/Raj-Subramaniam-to-Become-President-and-CEO-of-FedEx-Corporation-Frederick-W.-Smith-to-Serve-as-Executive-Chairman/default.aspx

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