FedEx founder Fred Smith, a pivotal figure in revolutionizing express delivery, passed away at age 80. Smith, a Marine Corps veteran, established FedEx in 1973, pioneering a hub-and-spoke delivery system that transformed the industry. His company grew into a global logistics giant, handling millions of shipments daily. While stepping down as CEO in 2022, he remained executive chairman. Beyond his business acumen, Smith was known for his philanthropy and modest public profile, despite a cameo in 'Castaway'. His innovative approach and dedication left an enduring legacy on the industry and Memphis.
Prepared by Christopher Adams and reviewed by editorial team.
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