Dive Brief:
-
FedEx appointed Vishal Talwar as its new EVP and chief digital and information officer, according to a Tuesday announcement. Talwar will report to FedEx CEO and President Raj Subramaniam, the company said in an email.
-
Talwar joins the shipping giant after a decade-long stint at Accenture, where he most recently served as chief growth officer and senior managing director. Prior, he held a variety of roles at Wipro, Dell and IBM. The executive had been "heavily engaged" with FedEx’s ongoing digital transformation for nearly two years as part of his work with Accenture, the company said.
-
“His institutional knowledge and industry expertise will be instrumental as we continue to advance our long-term strategy and harness the full potential of FedEx intelligence to deliver even greater value to our customers and stockholders,” Subramaniam said in the announcement.
Dive Insight:
Talway replaces Sriram Krishnasamy, who left the role suddenly in July after a year in the role.
Krishnasamy will remain with the company as executive advisor role until the Fall and will receive a $3.27 million cash payout per the terms of his separation agreement, according to a Tuesday securities filing. The executive led a $4 billion structural cost reduction effort at the end of the 2025 year, FedEx said in the filing.
Under Talwar's leadership, the company plans to continue its digital transformation efforts, with a focus on data, AI, infrastructure and cybersecurity initiatives. Senior leaders of the Data and Technology and Dataworks organizations will report directly to Talwar.
“I am honored to join FedEx during such a transformative period as the company leverages the power of technology, data, and AI to make supply chains smarter for everyone,” said Talwar in the announcement. “I’ve had the privilege of working closely with FedEx in an advisory capacity, and that experience has given me a deep understanding of the business, the team, and the strategic direction."
The shipping giant has been executing a multiyear revamp of its shipping operations as part of an effort called Network 2.0. The company closed 100 shipping centers as of May 31, and more closures are expected ahead amid the ongoing merger of its Ground and Express networks.
