Fred Smith gets new heir apparent after shock exit of FedEx COO

FedEx Corp. named a new No. 2 executive after company founder Fred Smith’s top deputy resigned abruptly, just weeks after joining the company’s board of directors. Raj Subramaniam will take over as president and chief operating officer (COO) March 1, replacing David Bronczek, FedEx said in a statement Thursday. Bronczek, 64, made a “personal decision’’ […]
  • Bloomberg News
  • February 14, 2019

Air Cargo Executives of the Year: FedEx’s Fred Smith & David Bronczek

In early April of this year, news broke from FedEx Corp. that raised a few eyebrows among cargo executives worldwide. The U.S.-based integrator had made a US$4.8 billion offer to buy struggling Dutch express firm TNT Express – the same TNT Express that was sought in a thwarted bid by arch-rival UPS, made just two […]
  • Randy Woods
  • December 1, 2015