FedEx founder and executive chairman Frederick Smith has died, CEO tells staff
- Fred Smith, the visionary who established FedEx and served as its executive chairman, passed away at the age of 80 on June 21, 2025.
- Smith founded Federal Express in 1971 and officially launched it in 1973 from Memphis, driven by his vision of overnight delivery.
- FedEx grew into a global logistics giant operating 705 aircraft, 200,000 vehicles, employing over 500,000 people and handling 17 million daily shipments.
- Smith stepped down as FedEx CEO in June 2022, with Raj Subramaniam succeeding him and calling Smith 'the heart and soul of FedEx.'
- Smith's death drew widespread condolences, with local leaders calling it an incalculable loss to Memphis and highlighting his transformative impact on global commerce.
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Fred Smith, founder of FedEx Corp., has died at the age of 80, the company announced.
·Belgrade, Serbia
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FedEx founder Fred Smith, a Marine Corps veteran who revolutionized package delivery, dies at 80
MEMPHIS, Tenn. (AP) -- Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was 80.
·Canada
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Leaning Left10Leaning Right4Center20Last UpdatedBias Distribution59% Center
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59% Center
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C 59%
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