FedEx appoints Raj Subramaniam to the position of President and Chief Operating Officer (COO) as David Bronczek made the personal decision to retire.
Subramaniam has already been with FedEx for 27 years and currently serves as the President and CEO of FedEx Express. His new duties will be in addition to his current role and will officially begin on March 1, 2019.
“FedEx has a deep bench of talent, and I am confident that the transition will be seamless,” FedEx Corporation Chairman and CEO Fred Smith stated. “Raj has significant experience in many areas of our portfolio, which will be vital as he steps into this position.”
Bronczek will leave FedEx on February 28, 2019, under an agreement that he will not work for FedEx competitors. Fred Smith also stated in a press release, “On behalf of the board and management team, we recognize Dave for his years of service to FedEx.”