FedEx Corp has announced that Raj Subramaniam will become its president and chief operating officer as of March 1.
The appointment of Subramaniam follows incumbent David Bronczek’s decision to retire as president and chief operating officer of the express services giant.
Subramaniam, who has been with FedEx for more than 27 years, has held various executive level positions in several operating companies and international regions.
He will continue to serve as president and CEO of FedEx Express, and will also serve as co-president and co-CEO of FedEx Services.
Of the move from Bronczek to Subramaniam, FedEx Corporation chairman and chief executive Frederick Smith said: “FedEx has a deep bench of talent, and I am confident that the transition will be seamless.
“Raj has significant experience in many areas of our portfolio, which will be vital as he steps into this position,” he added.
FedEx Logistics on the move
Last week (on Feb 12), FedEx Logistics, a subsidiary of FedEx Corporation, confirmed that it will move its global headquarters to the former Gibson Guitar factory building in downtown Memphis, consolidating multiple locations and nearly 700 team members into the new location over the next several years.
“This is a moment of dynamic growth and transformation both for our company and for the city of Memphis, and we at FedEx Logistics are thrilled to be a part of this revitalization of downtown Memphis,” said Smith, who is also president and chief executive of FedEx Logistics.
“By combining our disparate offices into a dynamic campus, it became economically attractive to provide this fantastic environment for our team members.
“This will be a great space for collaboration among the different aspects of our business and a true home for our growing company as we attract new talent for the future of FedEx,” he declared.
Last month (January), FedEx Logistics announced its rebranding from FedEx Trade Networks, Inc. to FedEx Logistics, a name that is said to better describe the business’ ability to meet its customers’ increasingly complex and industry-specific supply chain, transportation, value-added services and brokerage needs.
