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FedEx announces sudden retirement of Bronczek

(Bloomberg)—FedEx Corp. announced the resignation of Fred Smith’s top deputy just weeks after he joined the company’s board. Raj Subramaniam will take over as president and CEO March 1, replacing David Bronczek, the shipping giant said in a statement Thursday. Bronczek, 64, made a “personal decision’’ to retire, the company said. He had been with […]

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