FedEx CEO Smith Steps Down, Subramaniam Moves Up

FedEx announced that Raj Subramaniam will become the new CEO starting June 1st, succeeding the long-term leadership. The market had anticipated this transition, and the stock remained stable. The discussion also covered FedEx's succession planning and potential changes in business units, including the integration of the TNT acquisition.

Who is the current CEO of FedEx stepping down?

What date will Raj Subramaniam officially start as the new CEO of FedEx?

What has been the market reaction to the announcement of the new CEO?

How has the leadership structure at FedEx changed recently?

What challenges might Raj Subramaniam face as he takes over as CEO?