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News Release

FedEx Corporation Announces Appointment of Raj Subramaniam as President and Chief Operating Officer

02/14/2019

MEMPHIS, Tenn, February 14, 2019 ... FedEx Corp. announced today that Raj Subramaniam has been appointed president and chief operating officer, effective March 1. This appointment follows David J. Bronczek’s personal decision to retire as president and chief operating officer and from the Board.

Subramaniam will continue to serve as president and CEO of FedEx Express and will also serve as co-president and co-CEO of FedEx Services. Subramaniam has been with FedEx for more than 27 years and has held various executive level positions in several operating companies and international regions. He began his career in Memphis and subsequently moved to Hong Kong, where he oversaw marketing and customer service for the Asia Pacific region. Subramaniam then took over as president of FedEx Express in Canada before moving back to the U.S. as senior vice president of international marketing. He was then promoted to executive vice president of marketing in 2013 at FedEx Services, prior to being named executive vice president and chief marketing and communications officer at FedEx Corporation in 2017.

“On behalf of the Board and management team, we recognize Dave for his years of service to FedEx. FedEx has a deep bench of talent, and I am confident that the transition will be seamless,” said Frederick W. Smith, chairman and chief executive officer, FedEx Corporation. “Raj has significant experience in many areas of our portfolio, which will be vital as he steps into this position.”

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

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