MEMPHIS, Tenn. - FedEx Corp. (NYSE: FDX) has announced a significant leadership change within its executive team. Robert B. Carter, Executive Vice President of FedEx Information Services and Chief Information Officer of FedEx Corporation (NYSE:FDX), will be retiring after more than three decades of service.
Carter, who also serves as co-president and co-CEO of FedEx Services, will step down from his current roles at the end of June 2024 but will continue as a senior advisor through the end of the year to support a smooth transition.
Carter's (NYSE:CRI) tenure at FedEx is noted for his contributions to the company's technological advancements, including the development of real-time tracking and transaction systems. His work has earned him numerous industry recognitions, such as the CIO 100 Award, which he received 25 times, and the Information Week Chief of the Year title, which he has been awarded three times.
Succeeding Carter, Sriram Krishnasamy will take on the role of Chief Digital and Information Officer starting July 1, 2024. Krishnasamy, currently the Executive Vice President and Chief Transformation Officer for FedEx Corporation, as well as the President and CEO of FedEx Dataworks, will lead both the IT and Dataworks teams.
His new role is poised to integrate technology, systems, and data insights into FedEx's global operations and customer service, while he will also retain his position as Chief Transformation Officer.
Krishnasamy has been with FedEx since 1997, holding various leadership roles internationally. His extensive experience with the company has given him a deep understanding of its network and the importance of supply chains in global connectivity. Under his guidance, FedEx launched Dataworks and initiated the DRIVE effort, which represents a major transformation in the company's history.
FedEx, with an annual revenue of $88 billion, provides a wide range of transportation, e-commerce, and business services globally. The company aims to achieve carbon-neutral operations by 2040 and is recognized as one of the world's most admired and trusted employers. This leadership transition is a part of FedEx's ongoing efforts to evolve as a data-driven, digital-first company.
The information in this article is based on a press release statement from FedEx Corp.
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