FedEx CFO John W. Dietrich to step down June 1; Claude F. Russ named interim CFO

FEDEX CORP

John W. Dietrich will step down as EVP & CFO on June 1, 2026, and leave the company on July 31, 2026.
Departure is not the result of any disagreement with the company regarding financial controls, operations, or practices.
Claude F. Russ, currently Enterprise VP, Finance, appointed Interim CFO effective June 1, 2026, retaining his current role.
Company will conduct internal and external search for permanent successor; separation agreement expected.
Russ will receive additional compensation of $25k/month and $50k RSU grant for interim CFO role.

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