Coca-Cola vs FedEx: Founders, CEOs and History
Coca-Cola was founded in 1892 by Asa Griggs Candler, John Stith Pemberton and is led by Henrique Braun. FedEx was founded in 1971 by Frederick W. Smith and is led by Raj Subramaniam.
Company facts
Founders
Coca-Cola
Asa Griggs Candler
The founding of Coca-Cola is a historic and ironic story of a struggling pharmacist seeking a cure for his own pain, combined with the effective, aggressive marketing of a man who recognized the potential of the brand. The beverage was invented in 1886 by Dr.
John Stith Pemberton
John Pemberton is best understood as the inventor of Coca-Cola rather than the builder of The Coca-Cola Company. He created the original syrup in 1886, and the first servings reportedly averaged only about nine per day at Jacob's Pharmacy.
FedEx
Frederick W. Smith
Frederick W. Smith founded Federal Express in 1971 and ran it for more than 50 years, building the hub-and-spoke overnight delivery model now used across the express industry.
CEOs and their tenures
Coca-Cola
- Robert W. Woodruff1923–1954
President and Chairman (CEO)
As President and Chairman, Robert W. Woodruff guided The Coca-Cola Company
Source - Roberto Goizueta1981–1997
CEO
As CEO, Roberto Goizueta guided The Coca-Cola Company
Source - Neville Isdell2004–2008
CEO
As CEO, Neville Isdell guided The Coca-Cola Company
Source - Muhtar Kent2008–2017
CEO
As CEO, Muhtar Kent guided The Coca-Cola Company
Source - James Quincey2017–2026
CEO
As CEO, James Quincey guided The Coca-Cola Company
Source - Henrique Braun2026–present
Chief Executive Officer
He played a pivotal role in driving volume growth and implementing revenue growth management (RGM) strategies across emerging markets, significantly boosting international margins.
Source
FedEx
- Frederick W. Smith1971–2025
Founder, Chief Executive Officer (1971-2022) and Executive Chairman (2022-2025)
He invented the modern overnight express delivery industry, building FedEx from a Yale University term paper into a massive global logistics empire before retiring as CEO in 2022.
Source - Raj Subramaniam2022–present
President and Chief Executive Officer
Under Subramaniam, FedEx revenue rose from $87.693 billion in FY2024 to $94.720 billion in FY2026, the company merged its operating companies into Federal Express, rolled out Network 2.0, and completed the June 2026 FedEx Freight spin-off.
Source - R. Brad Martin2025–present
Executive Chairman and Chairman of the Board
As Chairman of the Board, he oversees the ongoing multi-billion dollar cost-cutting initiatives designed to close the operating margin gap with rival UPS.
Source
Timeline: Coca-Cola and FedEx side by side
1892Coca-Cola
The Coca-Cola Company Founded
Asa Griggs Candler incorporated The Coca-Cola Company in Atlanta in 1892 after acquiring rights connected to John Pemberton's original formula.
1899Coca-Cola
National Bottling Rights Granted
In 1899, Benjamin F. Thomas and Joseph B. Whitehead secured rights to bottle Coca-Cola across much of the United States. The deal looked less important than the fountain business at first, but it became the foundation of Coca-Cola's physical reach.
1915Coca-Cola
Contour Bottle Introduced
Coca-Cola introduced the contour bottle design in 1915 to make the product recognizable and harder to imitate. At a time when copycat colas were common, the bottle gave consumers a visual and tactile cue that they were buying the real product.
1919Coca-Cola
Company Sold for $25 Million
In 1919, the Candler family sold Coca-Cola to a group of investors led by Ernest Woodruff for $25 million. The transaction signaled that Coca-Cola had become a valuable national business rather than a regional success.
1928Coca-Cola
Olympic Sponsorship Begins
Coca-Cola began its Olympic sponsorship in 1928, linking the brand to international sport and public celebration. The partnership mattered because it gave Coca-Cola a platform that crossed language and national boundaries.
1971FedEx
Federal Express Founded
Frederick W. Smith incorporates Federal Express Corporation, planning to build an overnight air-delivery network around a central Memphis hub.
1973FedEx
Commercial Operations Begin
Federal Express begins commercial service from Memphis using a hub-and-spoke overnight model, surviving early near-bankruptcy on fuel costs.
1978FedEx
FedEx Goes Public
The company completes its initial public offering to finance network expansion.
1985Coca-Cola
New Coke Reversal
Coca-Cola introduced New Coke in 1985 after taste tests suggested a sweeter formula could compete more effectively with Pepsi. Consumers rejected the change because the original product had emotional and cultural value beyond flavor.
1998FedEx
Caliber System Acquisition
FedEx acquires Caliber System for about $2.4 billion, adding the assets that become FedEx Ground and FedEx Freight.
2004FedEx
Acquired Kinko's
FedEx acquired Kinko's for $2.4 billion. FedEx bought Kinko's for about $2.4 billion and rebranded the stores as FedEx Office.
2008Coca-Cola
Muhtar Kent Becomes CEO
Muhtar Kent became CEO in 2008 during a period when emerging markets, bottler alignment, and category diversification were becoming more important.
2009Coca-Cola
Freestyle Fountain System Unveiled
Coca-Cola unveiled Freestyle in 2009, giving foodservice customers a fountain dispenser with more than 100 beverage choices.
2016FedEx
TNT Express Acquisition
FedEx acquires TNT Express for about $4.4 billion to expand its European and international express network.
2017Coca-Cola
Topo Chico Joins the Portfolio
Coca-Cola acquired Topo Chico in 2017, adding a premium sparkling mineral water brand sourced from Cerro del Topo Chico in northern Mexico.
2017Coca-Cola
James Quincey Becomes CEO
James Quincey became CEO in 2017 and accelerated the push toward a total beverage strategy. He emphasized revenue growth management, zero-sugar products, refranchising discipline, and fewer but stronger brands.
2019Coca-Cola
Costa Coffee Acquisition
Coca-Cola completed the Costa Coffee acquisition in 2019, adding a coffee platform with retail stores, Costa Express vending, for-home formats, and ready-to-drink potential.
2021Coca-Cola
BodyArmor Full Acquisition
Coca-Cola acquired full control of BodyArmor in 2021 in a transaction valued at about $5.6 billion for the remaining stake. The deal deepened Coca-Cola's position in sports drinks, a category long led by PepsiCo's Gatorade.
2022FedEx
Raj Subramaniam Becomes CEO
Raj Subramaniam succeeds founder Frederick W. Smith as CEO, becoming only the second CEO in FedEx history, and launches the DRIVE and Network 2.0 transformation programs.
2023Coca-Cola
$45.8B Revenue
In FY2023, Coca-Cola reported $45.8 billion in revenue, continuing its recovery from the pandemic-era decline in away-from-home channels.
2024Coca-Cola
$47.1B Revenue
In FY2024, Coca-Cola reported $47.1 billion in revenue, with organic performance supported heavily by price/mix and concentrate sales timing.
2025Coca-Cola
$47.9B Revenue and 65,900 Employees
In FY2025, Coca-Cola reported $47.9 billion in revenue and $13.1 billion in net income. Its 2025 Form 10-K listed about 65,900 company employees at year-end, down from about 69,700 in 2024 because of divestiture activity.
2025FedEx
Founder Fred Smith Dies
Frederick W. Smith dies on June 21, 2025. Longtime director R. Brad Martin becomes chairman and later executive chairman.
2026FedEx
FedEx Freight Spin-Off Completed
On June 1, 2026 FedEx completes the spin-off of FedEx Freight Holding Company, which begins trading on the NYSE as FDXF.
2026FedEx
FY2026 Revenue Reaches $94.7B
FedEx reports $94.720 billion in FY2026 revenue, $4.433 billion in net income, and capex of 4.0% of revenue, a record low ratio.
Acquisitions
Coca-Cola
- BodyArmor2021$5.6B
- Fairlife2020Undisclosed
- Costa Coffee2019$5.1B
- Topo Chico2017$220M
- Innocent Drinks2013$320M
FedEx
- ShopRunner2020Undisclosed
- TNT Express2016$4.4B
- Kinko's2004$2.4B
- Parcel Direct2004Undisclosed
- American Freightways2001Undisclosed
- Caliber System1998$2.4B
Questions about Coca-Cola vs FedEx
Who is the CEO of The Coca-Cola Company and FedEx Corporation?
The Coca-Cola Company is led by Henrique Braun and FedEx Corporation is led by Raj Subramaniam. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was The Coca-Cola Company founded vs FedEx Corporation?
The Coca-Cola Company was founded in 1892 — 79 years before FedEx Corporation, which was founded in 1971. The Coca-Cola Company's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger FedEx Corporation.
How many employees does The Coca-Cola Company have compared to FedEx Corporation?
The Coca-Cola Company employs approximately 65,900 people, while FedEx Corporation employs approximately 529,000. FedEx Corporation has the larger workforce at 529,000 employees, compared to The Coca-Cola Company's 65,900. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are The Coca-Cola Company and FedEx Corporation headquartered?
Both The Coca-Cola Company and FedEx Corporation are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded The Coca-Cola Company and FedEx Corporation?
The Coca-Cola Company was founded by Asa Griggs Candler, John Stith Pemberton. FedEx Corporation was founded by Frederick W. Smith.
Which company has a longer operating history — The Coca-Cola Company or FedEx Corporation?
The Coca-Cola Company has been operating for approximately 134 years, making it the more established of the two companies. FedEx Corporation has been in operation for around 55 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Coca-Cola vs FedEx overview