![FedEx Says Fred Smith to Step Aside as CEO, Remain Executive Chairman FedEx Says Fred Smith to Step Aside as CEO, Remain Executive Chairman](https://morningtopnews.com/wp-content/uploads/2022/03/1648542421_social-768x384.jpeg)
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FedEx Corp. founder Fred Smith is stepping down as chief executive of the company he started more than 50 years ago with a few planes and built into a global delivery network that moves millions of packages a day.
Mr. Smith, 77 years old, is handing the CEO role to President and Chief Operating Officer Raj Subramaniam.
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