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FedEx names Raj Subramaniam as CEO, replacing founder Fred Smith

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FedEx Express President and CEO Raj Subramaniam during the final round of the World Golf Championships – FedEx St. Jude Invitational on July 28, 2019 in Memphis, Tennessee.
Michael Wade | Icon Sportswire | Getty Images

Logistics company FedEx Corp on Monday named Raj Subramaniam as its new chief executive officer, replacing Frederick Smith.

Smith, who also founded the company, will take up the role of executive chairman, FedEx said.

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