Raj Subramaniam, alias Rajesh Subramaniam, an Indian American, has been named the new CEO of FedEx, the US multinational delivery company. On June 1, he will succeed Frederick W Smith, the company’s founder, chairman, and CEO.
FedEx is set to appoint an Indian-born Raj Subramaniam as its new Chief Operating Officer (CEO) after Frederick W Smith, the company’s chairman and CEO, steps down on June 1. Smith will now serve as the executive chairman of the courier service company.
Raj Subramaniam is the company’s president and chief operating officer at the moment. He will continue to serve on the FedEx board of directors, where he was elected in 2020.
It is an honor to be chosen as his successor as FedEx CEO and to continue delivering the Purple Promise in this new role with Team FedEx,” Subramaniam said in a LinkedIn post after the company announced his appointment.
Here are five things you should know about the latest Indian to take over a major US corporation.
- Raj Subramaniam, 56, joined FedEx in 1991 and has held various marketing and management positions in the United States and around the world. He eventually rose to the position of chief marketing and communications officer, as well as president and CEO of FedEx Express, the world’s largest express transportation company. In 2019, he was promoted to president and chief operating officer.
- He has held the position of President of FedEx Express in Canada, as well as several other management and marketing positions in Asia and the United States. From 1996 to 2003, he was the Vice-President of Marketing for FedEx Express in the Asia Pacific region before being promoted to Regional President of Canada. He was promoted to Senior Vice President of FedEx Services in 2006. He joined the parent company in 2013 as EVP, marketing and communication, before being promoted to President and COO in 2019.
Raj Subramaniam is from Thiruvananthapuram in Kerala but now resides in Memphis, Tennessee, which serves as FedEx’s global headquarters. He graduated with honors from IIT Bombay with a bachelor’s degree in chemical engineering, Syracuse University with a master’s degree in chemical engineering, and The University of Texas at Austin with an MBA.
He is a director of FedEx Corporation, First Horizon Corporation, the US Chamber of Commerce’s China Center Advisory Board, FIRST, the US-India Strategic Partnership Forum, and the US-China Business Council. He also serves on the Advisory Committee on Supply Chain Competitiveness of the International Trade Administration (ACSCC).
Raj Subramaniam received the IIT Bombay’s Distinguished Alumnus Award for his achievements in business. In 2016, he was inducted into the Fogelman College of Business and Economics Hall of Fame and named a Distinguished Friend of the University of Memphis.
Raj Subramaniam received the IIT Bombay’s Distinguished Alumnus Award for his achievements in business. He was also inducted into the Hall of Fame at the University of Memphis’ Fogelman College of Business and Economics, and he was named a Distinguished Friend of the university in 2016.
Meanwhile, Thiruvananthapuram MP Shashi Tharoor congratulated Subramaniam, saying, “always thrilled when a native of Thiruvananthapuram succeeds!” “Raj is a great and proven leader, and he has the Board’s full support.” He has over 30 years of global experience in strategy and operations, and he has guided the company through a period of rapid growth.
“I am confident that Raj has built on this foundation and taken the company to the next level,” said David Steiner, chairman of the Management, Safety, and Public Policy Committee of the Board of Directors.