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.

item 5.02 item 9.01

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Departed

John W. Dietrich

Executive Vice President and Chief Financial Officer

FDX · FEDEX CORP

Effective: 2026-06-01
Filed: May 8, 2026, 7:59 PM ET

John W. Dietrich will step down as Executive Vice President and Chief Financial Officer of FedEx Corporation ("FedEx" or "the Company") , effective June 1, 2026, and his last day as an employee of the Company will be July 31, 2026

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John W. Dietrich departed as Executive Vice President and Chief Financial Officer at FEDEX CORP.

Action: stepped down
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

John W. Dietrich will step down as Executive Vice President and Chief Financial Officer of FedEx Corporation ("FedEx" or "the Company") , effective June 1, 2026, and his last day as an employee of the Company will be July 31, 2026

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FEDEX CORP filing history →

Source: SEC EDGAR

accession 0001104659-26-058006

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