Frederick W. Smith, the founder of FedEx, has significantly shaped the shipping and logistics industry since he started the company in 1971. He has been the CEO and Chairman since 1998, guiding FedEx through major changes in technology and market...

Frederick W. Smith, the founder of FedEx, has significantly shaped the shipping and logistics industry since he started the company in 1971. He has been the CEO and Chairman since 1998, guiding FedEx through major changes in technology and market demands. Smith played a crucial role in the company's transformation into a global logistics leader, adapting to the rapid growth of e-commerce and pushing for digital innovation. In terms of influence, Smith's work has been recognized with FedEx being seen as a pioneer in the overnight delivery service, which was revolutionary back in the '70s. Interestingly, he still holds a substantial amount of the company's stock, with about 19.6 million shares, proving his long-term commitment to FedEx. His annual compensation in 2020 was over $11 million, but it mostly came from stock options, highlighting how FedEx’s success is directly tied to his financial interests. Outside of business, Smith is known for his connections and contributions to various organizations. He has served on the board of multiple entities and has championed corporate social responsibility, particularly in sustainability efforts. His background is not just in business; he also has a rich history in aviation, which underpins the logistics operations of FedEx. Overall, Smith's leadership has made FedEx a household name in global shipping and logistics.