FedEx vs General Motors: Founders, CEOs and History
FedEx was founded in 1971 by Frederick W. Smith and is led by Raj Subramaniam. General Motors was founded in 1908 by William C. Durant and is led by Mary Barra.
Company facts
FedEx
- Founded
- 1971
- Headquarters
- Memphis, Tennessee
- Current CEO
- Raj Subramaniam
- Employees
- 529,000
General Motors
- Founded
- 1908
- Headquarters
- Detroit, Michigan
- Current CEO
- Mary Barra
- Employees
- 155,000
Founders
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.
General Motors
William C. Durant
General Motors possesses one of the most chaotic, and consequential founding stories in American business history, built entirely through the aggressive, acquisitions of a single, effective, flawed visionary.
CEOs and their tenures
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
General Motors
- Alfred P. Sloan1923–1956
Former President, CEO, and Chairman
Sloan is arguably the most influential corporate executive of the twentieth century.
Source - Rick Wagoner2000–2009
Former Chairman and CEO
Wagoner's tenure ended in historic disaster, culminating in the 2009 government-managed bankruptcy and his forced resignation by the Obama administration.
Source - Mary Barra2014–present
Chair and Chief Executive Officer
Under Barra, GM has focused on profitability over global volume, regained the top U.S. sales spot, and returned large amounts of cash to shareholders through buybacks.
Source - Paul Jacobson2020–present
Executive Vice President and Chief Financial Officer
Has emphasized cash generation, inventory and incentive discipline, and returning North America margins to the 8-10% range.
Source - Mark Reuss2020–present
President
Longtime GM product and engineering executive who previously led global product development.
Source - Sterling Anderson2025–present
Executive Vice President and Chief Product Officer
Leads GM's in-house autonomous-driving effort after the end of Cruise robotaxi funding.
Source
Timeline: FedEx and General Motors side by side
1908General Motors
General Motors Founded
William C. Durant incorporates General Motors in Hudson, New Jersey, on September 16, 1908, with Buick Motor Company as its primary asset.
1909General Motors
Cadillac and Oldsmobile Acquired
GM acquires Oldsmobile and the prestigious Cadillac Automobile Company, establishing the multi-brand architecture that will define GM's market segmentation strategy for decades.
1923General Motors
Alfred Sloan Becomes President
Alfred P. Sloan takes the GM presidency and begins implementing the decentralized divisional management structure and market segmentation strategy that transforms GM into the world's most admired corporate organization.
1931General Motors
GM Surpasses Ford as World's Largest Automaker
General Motors overtakes Ford Motor Company as the world's largest automobile manufacturer by sales volume, a position it would hold for the majority of the next seven decades.
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.
1984General Motors
Saturn Corporation Founded
GM establishes Saturn as a separate subsidiary intended to compete with Japanese small cars through innovative labor relations, retail practices, and manufacturing processes.
1996General Motors
OnStar Connected Vehicle Service Launched
GM introduces OnStar, the world's first embedded cellular connected vehicle service, offering emergency assistance, stolen vehicle tracking, and remote diagnostics.
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.
2009General Motors
Chapter 11 Bankruptcy and Government Bailout
General Motors files for Chapter 11 bankruptcy protection on June 1, 2009, with $49.5 billion in U.S. Government assistance as part of the Troubled Asset Relief Program.
2010General Motors
IPO Return to Public Markets
General Motors returns to public markets through an initial public offering on November 18, 2010, raising approximately $23.1 billion - at the time one of the largest IPOs in U.S. History. The offering allows the U.S.
2014General Motors
Mary Barra Becomes CEO
Mary Barra, a 33-year GM veteran with a background in engineering and manufacturing, becomes CEO on January 15, 2014, becoming the first female CEO of a major global automaker.
2016FedEx
TNT Express Acquisition
FedEx acquires TNT Express for about $4.4 billion to expand its European and international express network.
2016General Motors
Cruise Automation Acquired
GM acquires Cruise Automation, a San Francisco-based autonomous vehicle startup, for approximately $1 billion - at the time one of the largest acquisitions in GM's modern history.
2021General Motors
Ultium Platform and EV Commitment Announced
GM announces its commitment to invest more than $35 billion in electric and autonomous vehicles through 2025 and introduces the Ultium battery platform as the technological foundation for dozens of future EV models across all four U.S. Brands.
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.
2024General Motors
Cruise Robotaxi Program Ended
Following the October 2023 Cruise pedestrian incident and a long operational pause, GM announced in December 2024 that it would stop funding Cruise's robotaxi business and fold the unit's technology work into GM.
2025FedEx
Founder Fred Smith Dies
Frederick W. Smith dies on June 21, 2025. Longtime director R. Brad Martin becomes chairman and later executive chairman.
2025General Motors
EV Capacity Cut and $7.6 Billion in EV Charges
After the U.S. federal EV tax credit expired on September 30, 2025, GM cut EV production capacity and recorded about $7.6 billion of EV-related charges for the year.
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.
2026General Motors
Guidance Raised as North America Margins Recover
GM reported Q2 2026 revenue of $48.0 billion and EBIT-adjusted of $3.9 billion, with North America margins back in its 8-10% target range, and raised full-year 2026 EBIT-adjusted guidance to $14.0-16.0 billion.
Acquisitions
FedEx
- ShopRunner2020Undisclosed
- TNT Express2016$4.4B
- Kinko's2004$2.4B
- Parcel Direct2004Undisclosed
- American Freightways2001Undisclosed
- Caliber System1998$2.4B
General Motors
- Cruise Automation2016$1B
- Buick Motor Company (Original Acquisition)1908Undisclosed
Questions about FedEx vs General Motors
Who is the CEO of FedEx Corporation and General Motors Company?
FedEx Corporation is led by Raj Subramaniam and General Motors Company is led by Mary Barra. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was FedEx Corporation founded vs General Motors Company?
General Motors Company was founded in 1908 — 63 years before FedEx Corporation, which was founded in 1971. General Motors 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 FedEx Corporation have compared to General Motors Company?
FedEx Corporation employs approximately 529,000 people, while General Motors Company employs approximately 155,000. FedEx Corporation has the larger workforce at 529,000 employees, compared to General Motors Company's 155,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are FedEx Corporation and General Motors Company headquartered?
Both FedEx Corporation and General Motors Company are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded FedEx Corporation and General Motors Company?
FedEx Corporation was founded by Frederick W. Smith. General Motors Company was founded by William C. Durant.
Which company has a longer operating history — FedEx Corporation or General Motors Company?
General Motors Company has been operating for approximately 118 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 FedEx vs General Motors overview