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FedEx has announced the passing of its founder and executive chairman, Frederick W. Smith. In a message to FedEx team members, CEO Raj Subramaniam expressed deep sadness over Smith's death earlier today.
"Fred was more than just the pioneer of an industry and the founder of our great company," said Subramaniam. "He was the heart and soul of FedEx – its PSP culture, values, integrity, and spirit."
Smith was described as a mentor to many within the company and a source of inspiration. He is also remembered as a father, grandfather, husband, Marine, and friend. Subramaniam asked for thoughts and prayers for the Smith family during this difficult time.
