MEMPHIS, Tenn., July 17, 2025 – FedEx Corp. (NYSE: FDX) today announced Sriram Krishnasamy is stepping down as executive vice president, chief digital and information officer, and chief transformation officer, effective today and will move into an executive advisor role until October 31, 2025 to assist with the transition and ensure continuity of the technology strategy. The company and Krishnasamy mutually agreed to the decision following the successful completion of several key initiatives aligned with the company’s long-term strategy, including achieving its $4 billion structural cost reduction target at the end of its 2025 fiscal year as well as advancing its digital transformation.
“We are grateful for Sriram’s leadership and the lasting impact he has made at FedEx as we focus on our mission to make supply chains smarter for everyone,” said Raj Subramaniam, president and chief executive officer of FedEx Corporation. “I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter. We wish Sriram the best in his next endeavors.”
A comprehensive transition plan will be announced in the future. In the interim, the leadership of the Data and Technology organization will report directly to Subramaniam.
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About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $88 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
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