FedEx’s head of its tech department is leaving the company after a monthslong investigation into a personnel matter within his unit, according to a report.
Sriram Krishnasamy, the company’s chief digital and information officer, and FedEx had “mutually agreed” that he would immediately step down from his role, according to a securities filing late Thursday.
The longtime executive, who started at FedEx in 1997, will stay with the company as an executive adviser through October or potentially earlier, the filing said.
His abrupt departure follows an internal investigation into a personnel matter within the IT department, and was unrelated to financial performance, according to a FedEx spokesperson.
Thursday’s filing did not mention the probe.
Shares in FedEx fell 1.4% Friday.
FedEx and Krishnasamy did not immediately respond to The Post’s requests for comment.
Krishnasamy also ran a unit within the IT department, called FedEx Dataworks, that uses logistics data from the firm’s own shipping operations to help companies streamline their supply chains.
The company and Krishnasamy “are finalizing the compensation and other terms” related to his exit, according to the filing.
The data and technology organization will report to FedEx CEO Raj Subramaniam as the company prepares a transition plan.
Krishnasamy took over the role of chief digital and information officer in June 2024.
Since joining the company as a financial analyst nearly three decades ago, he has held leadership positions in the company around the world, including positions in Dubai, Belgium and India, according to the firm’s website.
Last month, FedEx executives warned that they were expecting a financial hit in the current quarter due to President Trump’s trade war, which has upended global shipping and trade.
Companies rushed to import goods ahead of the tariff deadlines earlier this year, causing a surge at ports.
FedEx leadership also said the company was withholding its financial forecast for the current fiscal year due to trade uncertainties.
The company’s stock is down about 17% so far this year.
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