FedEx has appointed Indian American Raj Subramaniam as the new Chief Executive Officer (CEO) of the US multinational courier delivery giant.
Raj Subramanian will replace Frederick W Smith, chairman and CEO, who will step down from this position on June 1, 2022. Smith now be its executive chairman.
Also Read: Indian American Raj Subramaniam to be new CEO of FedEx
Mr Subramaniam was elected to the FedEx Board of Directors in 2020 and will maintain his seat on the Board, the company said.
Prior to his role as president and Chief Operating Officer of FedEx Corp, Subramaniam was the president and CEO of FedEx Express - the world's largest express transportation company.
He also served as the executive vice president and chief marketing and communications officer of FedEx Corp., where he was responsible for developing the corporate strategy.
The 56-year old was the president of FedEx Express in Canada and in several other management and marketing roles throughout Asia and the US since he joined FedEx in 1991.
He eventually rose to become the chief marketing and communications officer, and also served as president and CEO of FedEx Express, the world's largest express transportation company. Later, he was appointed as the president and chief operating officer in 2019.
Subramaniam is from Kerala’s Thiruvananthapuram and now lives in Memphis, Tennessee – FedEx’s global headquarters. He holds bachelor’s degree in chemical engineering from IIT Bombay, a master’s degree in chemical engineering from Syracuse University, and an MBA from The University of Texas at Austin.
"Raj is an accomplished and proven leader, and he has the full support of the Board. He has more than 30 years of global experience across strategy and operations and has led the company through a period of tremendous growth.
I am confident that Raj will build on this foundation and take the company to even greater heights," said David Steiner, chair of the Board's Governance, Safety, and Public Policy Committee.
Headquartered out of Tennessee, FedEx has 600,000 employees across the globe.
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