MEMPHIS, TN – June 21, 2025 – The Greater Memphis Chamber is deeply saddened by the passing of Frederick W. Smith, founder of FedEx and a visionary business leader whose legacy has forever shaped Memphis and the global economy.

“Fred Smith was more than just a business icon – he was the architect who transformed Memphis into a global logistics powerhouse and our identity as America’s Distribution Center,” said Ted Townsend, President & CEO of the Greater Memphis Chamber. “Mr. Smith’s revolutionary vision created tens of thousands of jobs for Memphians and established our city as a crucial hub in the global economy. The impact of his leadership extends far beyond FedEx, touching every corner of our business community and setting the foundation for Memphis’ continued economic growth, including coining the term ‘Digital Delta’.”

Smith’s founding of FedEx in 1973 and decision to headquarter the company in Memphis created an economic engine that has driven prosperity throughout the Mid-South for generations. His innovative approach to business and unwavering commitment to Memphis helped establish our city as home to the world’s second-largest cargo airport and positioned us at the center of global commerce.

The Greater Memphis Chamber extends its deepest condolences to the Smith family, FedEx employees worldwide, and all who were touched by Fred Smith’s remarkable life and legacy. The Chamber remains committed to building upon the strong foundation he established and advancing his vision of Memphis as a center for innovation and economic opportunity.

About The Greater Memphis Chamber 

One of Memphis’ oldest institutions, dating back to 1838, the Greater Memphis Chamber is a privately funded nonprofit that serves as the region’s lead economic development organization and the “Voice of Memphis Business” on local, state, and national issues. The Chamber’s mission is to drive the Memphis business agenda for Greater Memphis. We do this by relentlessly pursuing prosperity for all — through economic and workforce development, pro-growth advocacy, and by providing support and resources to its investors, which include many of the region’s largest employers.