CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which US courier service company has announced the appointment of Indian-origin Raj Subramaniam as its next CEO?

A	United Parcel Services
B	Agarwal Packers
C	DHL
D	FedEx

Explanation:

Detailed explanation-1: -Indian-American corporate veteran Raj Subramaniam has been chosen as the new chief executive officer (CEO) of the multinational courier delivery giant FedEx. Subramaniam will replace Frederick W Smith, who pioneered the package-delivery company about 50 years ago.

Detailed explanation-2: -Indian American Raj Subramaniam has been appointed as the new Chief Executive Officer (CEO) of delivery giant FedEx, replacing Frederick W Smith, chairman and CEO, who is set to step down from the position on June 1. Smith, who founded FedEx in 1971, will now serve as the company’s executive chairman.

Detailed explanation-3: -FedEx announced today in a company statement that effective June 1, 2022, Frederick Smith, chairman and CEO, will become executive chairman, and Raj Subramaniam, president and COO, will be promoted to president and CEO.

There is 1 question to complete.