FedEx Corp announced 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.
Subramaniam was elected to the FedEx board of directors in 2020 and will maintain his seat on the board. Prior to his role as president and chief operating officer of FedEx Corp., Subramaniam was president and chief executive officer of FedEx Express. 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. In addition, he served as the president of FedEx Express in Canada and in several other management and marketing roles throughout Asia and the U.S. since he joined FedEx in 1991.
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