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Fifty years after he founded the company, Frederick Smith announced on Monday that he would be stepping down as FedEx’s chief executive in June. Raj Subramaniam, the current president and chief operating officer, will succeed him. nyti.ms/36zl9xm

Fifty years after he founded the company, Frederick Smith announced on Monday that he would be stepping down as FedEx’s chief executive in June. Raj Subramaniam, the current president and chief operating officer, will succeed him. nyti.ms/36zl9xm
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