The Indian Institutes of Technology (IITs) have one more reason to cheer. Another of their alumni has grabbed a top position at a global company.
Raj Subramaniam, a product of IIT Bombay, was yesterday (March 29) named the new president and CEO of global delivery giant FedEx Corp. The move followed founder Frederick Smith’s announcement that he will step down from his role after a five-decade stint.
“As we look toward what’s next, I have a great sense of satisfaction that a leader of the calibre of Raj Subramaniam will take FedEx into a very successful future,” Smith said on the appointment of the new CEO.
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