FedEx CEO Smith Steps Down, Subramaniam Moves Up

FedEx announced that Raj Subramaniam will become the new CEO starting June 1st, succeeding the long-term leadership. The market had anticipated this transition, and the stock remained stable. The discussion also covered FedEx's succession planning and potential changes in business units, including the integration of the TNT acquisition.

Who is set to become the new CEO of FedEx starting June 1st?

• Raj Subramaniam

• Richard Smith

• Taylor Swift

• Fred Smith

What was the market's reaction to the announcement of the new FedEx CEO?

• The stock price remained flat

• The stock price plummeted

• The stock price soared

• The stock price was volatile

What role did Richard Smith take on at FedEx?

• Head of Ground Freight

• CFO of FedEx

• Head of the Express Unit

• CEO of FedEx

What major acquisition is FedEx working to integrate under Raj's leadership?

• TNT

• UPS

• Amazon Logistics

• DHL

What is one of the challenges Richard Smith faces in his new role?

• Increasing stock prices

• Reducing delivery times

• Expanding into new markets

• Integrating the TNT acquisition