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77°
Saturday, jun 20
Tag:
Fred Smith
Obituaries
Yale Grad Fred Smith, Billionaire FedEx Founder, Dies
Billionaire entrepreneur Fred Smith, who founded the FedEx Corporation and turned the multinational delivery service into the world's largest transportation company as its chairman, has died. The Yale University graduate and Marine Corps veteran was 80 years old. Known as an innovator, Smith revolutionized parcel delivery with next-day air service. He once said, "I love that phrase, 'If you don't like change, you're going to hate extinction.' You've got to change." "Fred was more than just the pioneer of an industry and the founder of our great company," FedEx CEO Raj Subramaniam said…