Headline: UNCAPTIONED: FedEx Founder Fred Smith Dies at 80
Caption:
FedEx Founder Fred Smith Dies at 80. Smith, who founded the company in 1973 after serving in the US Marine Corps led the global delivery giant as CEO until 2022. Under his leadership, FedEx grew from a small operation with 389 employees and 14 planes to a global force employing over 500,000 people and delivering millions of packages daily. In a memo to staff, current CEO Raj Subramaniam described Smith as the “heart and soul” of the company, praising his role as a mentor, father, grandfather, and friend. Smith, a Yale graduate and Marine Corps veteran, also pioneered the hub-and-spoke delivery system that revolutionized the industry. Smith’s legacy will live on in the company he built and the millions of lives he impacted worldwide.
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