Indian American Raj Subramanian would be the new CEO (Chief Executive Officer) of FedEx. The US multinational courier service major made an announcement. The Indian American would replace Frederick W Smith, who will step down from this position on 1st June 2022.

• Indian Farmers Switch Crops Amid Rising Temperatures
• Lutnick’s Firm in Talks with Tether for $2 Billion Bitcoin Lending Deal
• India Criticizes COP29 Climate Deal
• Agarwal Toughened Glass India IPO GMP, Open/Close Date & Minimum Investment
• Co-living Startup Truliv Expands into Bengaluru

Raj Subramanian would replace Frederick W Smith, chairman and CEO, who will step down from this position on June 1. Smith will now be its executive chairman.