Money FedEx founder Fred Smith stepping down as CEO; President Raj Subramaniam to succeed him March 28, 2022March 29, 2022 Max Garland and Michaela A Watts Comments Off on FedEx founder Fred Smith stepping down as CEO; President Raj Subramaniam to succeed him Smith, 77, who has led FedEx as its chairman and CEO for most of his tenure, took his college term paper idea and created a transportation giant.