FedEx Freight fires EVP Michael Lyons for Code of Conduct violation

FedEx Freight Holding Company, Inc.

On Sept 2, 2026, terminated Michael B. Lyons, EVP – Chief Specialized Services and Commercial Officer.
Internal investigation found Code of Conduct violation; cited failure to meet employment standards.
Company states conduct did not impact financial reporting, performance, internal controls, strategy, or customer relationships.
Responsibilities transitioning to executive leadership team; comprehensive search for replacement underway.

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