Monday, December 14, 2020

FedEx to play pivotal role in distribution of BioNTech vaccine

FedEx will play a pivotal role in the distribution of the Covid 19 vaccine, BioNTech/Pfizer .

Its CEO, Frederick Smith founded the company in 1971.

In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week.

In 2000, Smith made an appearance as himself in the Tom Hanks movie Cast Away, when Tom's character is welcomed back, which was filmed on location at FedEx's home facilities in Memphis, Tennessee.

Smith was a supporter of Senator John McCain's 2008 Presidential bid, and had been named McCain's National Co-Chairman of his campaign committee.

Smith has ten children, including photographer Windland Smith Rice and football coach Arthur Smith.


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