Fred Smith, FedEx Founder and Former CEO, Dies at 80
TL;DR Summary
Fred Smith, the founder of FedEx and a pioneer in the logistics industry, has died at age 80. He established FedEx in 1973, transforming it from a small operation into a global delivery giant with over 500,000 employees. A former Marine and Yale graduate, Smith innovated the hub-and-spoke delivery system that revolutionized package delivery. He was remembered as a visionary leader and a mentor to many.
- FedEx founder and former CEO Fred Smith dies aged 80 BBC
- Fred Smith, FedEx’s innovative founder, is dead at 80 CNN
- Former Washington minority owner Fred Smith dies at 80 NBC Sports
- FedEx founder Fred Smith has died. Daily Memphian
- FedEx founder and executive chairman Frederick Smith has died, CEO tells staff Reuters
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
78%
294 → 66 words
Want the full story? Read the original article
Read on BBC