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Before his current role, Subramaniam, who joined FedEx in 1991, was President and CEO of FedEx Express. He also served as Executive Vice President and Chief Marketing and Communications Officer of FedEx Corp.
Smith praised Subramaniam as a high-caliber leader and said he would lead the company “into a very successful future.”
Shares of FedEx rose 3% after-hours following the news.
