Sriram Krishnasamy had served as FedEx's executive vice president, chief digital and information officer, and chief transformation officer.

FedEx leadership also said the company was withholding its financial forecast for the current fiscal year due to trade uncertainties. The company’s stock is down about 17% so far this year.

FedEx leadership shares personal reflections on Fred Smith's enduring influence. The company's current CEO worked with Smith at FedEx for 34 years.