Raj Subramaniam is making headlines as the new CEO of the US multinational courier company, FedEx. Read this article for his net worth and other details.
Indian American Raj Subramaniam is going to be the Chief Executive Officer of FedEx, according to an announcement made by the US holding company.
He will replace Frederick W Smith, who will step down from his position on June 1. Smith has founded FedEx in 1971.
In a statement about the change in lineup, Smith showed his satisfaction as Raj Subramaniam’s appointment in the leading position at FedEx.
Fedex: What Is Raj Subramaniam Net Worth In 2022?
New FedEx CEO Raj Subramaniam’s net worth is estimated to be approximately $15 million.
He owns thousands of FedEx stocks, which adds to his net worth. FedEx stock price is on the rise and is projected to rise following the news of Raj taking over.
His net worth is expected to rise further following his appointment as the CEO of the multinational giant FedEx. He has made a rapid rise through FedEx ranks due to his charisma and business ideas.
He will replace the company’s legendary founder Frederick Smith, who will become executive chairman.
He joins the list of Indian-origin CEOs in some of the most prestigious companies in the world.
New CEO Salary & Wealth Details: Raj Subramaniam Earnings
When he became the new president and COO of FedEx in 2019, Raj’s basic salary was $955,560.
Being the President at FedEx, he receives a high compensation of around $5,154,870.
He will also get high incentive pay as a result of his promotion. As he is in a prestigious position in a very successful multinational company, he is one of the highest-paid people in the world.
His earnings are certainly among the top 1% of earners in the world, among the likes of top executives of other successful multinational companies in the world.
Raj Subramaniam Wikipedia Biography
Raj Subramaniam was born in Trivandrum, Kerela, India. He was born on September 14, 1967. His age is 54 years old.
He received an undergraduate degree in chemical engineering from the Indian Institute of Technology (IIT Bombay).
Similarly, Raj earned an MBA from the University of Texas at Austin and a Master of Science in Chemical Engineering from Syracuse University.
As of now, the executive resides in Memphis, Tennessee, United States. His family details aren’t publicly given. He was also the president and CEO of FedEx Express.
Likewise, Subramaniam also served as executive vice president and chief marketing and communications officer of FedEx Corp., working to develop the company strategy.
Subramaniam was the favorite to succeed Smith as CEO since he was named president and COO in 2019.
He was elected to the FedEx Board of Directors in 2020.
Raj joined FedEx in 1991 and served in marketing and management jobs in the United States and Asia. The FedEx CEO has led the corporate through tremendous growth.
His LinkedIn profile is Raj Subramaniam. He doesn’t have Twitter and Instagram profiles.