Fred Smith, FedEx’s innovative founder, is dead at 80 | CNN Business

CNN  — 

Fred Smith, the founder of FedEx who helped create the overnight delivery industry, changing the way businesses and consumers get the goods they purchased, has died. He was 80 years old.

His death was confirmed by the company.

“Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its PSP culture, values, integrity, and spirit,” said Raj Subramaniam, FedEx’s CEO, in a statement. “He was a mentor to many and a source of inspiration to

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