CFO John W. Dietrich to depart June 1; separation includes $2.2M cash payment

FEDEX CORP

Dietrich steps down as EVP & CFO effective June 1, 2026; employment ends July 31, 2026.
Lump sum cash payment of $2,209,276 (1x base salary + target bonus) paid by Aug 31, 2026.
Two-year non-compete covering UPS, DHL, USPS, Amazon; mutual non-disparagement agreement.
Equity: vested stock options exercisable, restricted stock vests, performance stock units forfeited.
Company pays transition services and reimburses 2026 tax return preparation costs.

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