Who Is Raj Subramaniam? He is the new CEO of FedEx, a multinational courier firm based in the United States. His net worth and other details can be found in this article.
According to a statement issued by the US holding corporation, Raj Subramaniam, an Indian American, will be the Chief Executive Officer of FedEx.
He will succeed Frederick W Smith, who will leave his post on June 1st. FedEx was started by Smith in 1971.
Smith expressed his delight at Raj Subramaniam’s selection as FedEx’s new CEO in a statement about the lineup change.
Raj Subramaniam to become President and CEO of FedEx Corporation; Frederick W. Smith to serve as Executive Chairman. https://t.co/woVWwIFLfb pic.twitter.com/A9NJwIivHP
— FedEx (@FedEx) March 28, 2022
FedEx: What Is Raj Subramaniam Net Worth In 2022?
Raj Subramaniam, the new CEO of FedEx, is reported to have a net worth of $15 million.
He is worth a lot of money since he owns hundreds of FedEx stocks. Following the news of Raj’s appointment, the price of FedEx shares has risen and is expected to rise further.
Following his appointment as the CEO of the international conglomerate FedEx, his net worth is anticipated to climb even more. Due to his personality and entrepreneurial ideas, he has risen quickly in the FedEx ranks.
He will succeed Frederick Smith, the company’s iconic founder, who will become executive chairman.
He joins the ranks of Indian-origin CEOs of some of the world’s most famous corporations.
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. https://t.co/k4B3w7Jij3
— The New York Times (@nytimes) March 29, 2022
Raj Subramaniam Salary And Earnings Details
Raj’s base salary was $955,560 when he became the new president and COO of FedEx in 2019.
As President of FedEx, he is compensated well, with a salary of $5,154,870.
As a result of his promotion, he will also receive large incentive pay. He is one of the highest-paid people in the world since he holds a coveted position in a highly successful global corporation.
His earnings are unquestionably among the world’s top 1%, comparable to those of senior executives of other big global corporations.
His Wiki Biography Explored
Raj Subramaniam was born in the Indian state of Kerela, in the city of Trivandrum. On September 14, 1967, he was born. He is a 54-year-old man.
He graduated from the Indian Institute of Technology with a bachelor’s degree in chemical engineering (IIT Bombay).
Raj has a Master of Science in Chemical Engineering from Syracuse University and an MBA from the University of Texas in Austin.
The executive is currently based in Memphis, Tennessee, United States. His personal information is kept private. He also served as the president and chief executive officer of FedEx Express.
Subramaniam also worked for FedEx Corp. as executive vice president and chief marketing and communications officer, where he helped to develop the company’s strategy.
Since being named president and COO in 2019, Subramaniam has been the frontrunner to follow Smith as CEO.
In 2020, he was elected to the FedEx Board of Directors.
Raj joined FedEx in 1991 and has worked in marketing and management positions in both the US and Asia. FedEx’s CEO has guided the company through a period of rapid expansion.
Raj Subramaniam is his LinkedIn name. He does not have a Twitter or Instagram account.