Raj subramaniam to become president and ceo of fedex corporation; frederick w. smith to serve as executive chairman

Memphis, tenn.--(business wire)--fedex corp. (nyse: fdx) 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 chair
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