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...“FedEx delivered another quarter of improved profitability in what remains a difficult demand environment,” Raj Subramaniam, chief executive, said on Thursday....
...In a statement, chief executive Raj Subramaniam said FedEx was navigating an “uncertain demand environment” and its chief financial officer said demand was “continuing to pressure the top-line.”...
...The attendees, who also included Bloomberg chair Mark Carney and FedEx’s Raj Subramaniam, were in the capital this week to attend the China Development Forum, Beijing’s flagship annual business conference...
...Subramaniam....
...In contrast, FedEx investors have been heartened by chief executive Raj Subramaniam’s cost-cutting drive. The plan, announced in April, aims to slash more than $4bn in costs over the next two years....
...“It is my responsibility to look critically at the business and determine where we can be stronger by better aligning the size of our network with customer demand,” chief executive Raj Subramaniam said in...
...FedEx chief executive Raj Subramaniam in September warned that a global recession was on the horizon, soon after FedEx withdrew its full-year guidance....
...Chief executive Raj Subramaniam took a beating from Wall Street analysts in September after the company said it would miss revenue projections by $800mn....
...“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the US,” said chief executive Raj Subramaniam, who took the reins at the company...
...Raj Subramaniam’s credibility was on the line this week as the FedEx chief executive tried to project confidence that he could correct the US parcels group’s course after failing to deliver on the upbeat...
...Arvind Krishna heads IBM, and so on (Neal Mohan, YouTube; Shantanu Narayen, Adobe; Raj Subramaniam, FedEx etc)....
...“We’re moving with speed and agility to navigate a difficult operating environment,” FedEx chief executive Raj Subramaniam said....
...“Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the US,” chief executive Raj Subramaniam said in a statement....
...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 has done what he can to ensure a smooth transition; his long-anointed successor, Raj Subramaniam, is the current chief operating officer who joined the company in 1991....
...The company, which is now run by Raj Subramaniam after founder Fred Smith stepped down in June, also scrapped its financial guidance for next year in an unscheduled profit warning that sent its shares down...
...Raj Subramaniam, Smith’s successor, has the job of ensuring more of them bear FedEx’s orange, purple and white livery. Smith, who founded FedEx more than 50 years ago, will stay on as executive chair....
...FedEx has named Raj Subramaniam as chief executive and president, effective from June. Frederick W Smith, current chief and founder of the shipping company, will become executive chair....
...FedEx founder steps aside after 50 years Fred Smith, the founder of logistics group FedEx, announced yesterday that Raj Subramaniam will succeed him as chief executive....
...“The current labour environment is driving inefficiencies in the operation of our networks and significantly impacting our financial results,” said Raj Subramaniam, chief operating officer....
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