FedEx raises dividend 53%, adds two directors under D.E. Shaw pact, enhances compensation TSR metric

FEDEX CORP

Dividend raised 53% to $1.15/quarterly, payable July 11, 2022 to holders of record June 27.
Appointed Amy B. Lane and V. James Vena to board under agreement with D.E. Shaw; third director to follow.
Cash-based LTI program adds TSR relative to broad market index and CapEx/Revenue metric for FY2023-25.
Bylaws amended to formalize Chairman and Vice Chairman roles; Audit Committee renamed with expanded capital allocation oversight.

item 1.01 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Amy B. Lane

Director

FDX · FEDEX CORP

Effective: 2022-06-14
Filed: June 14, 2022, 7:59 PM ET

On June 13, 2022, the Board appointed Amy B. Lane and V. James Vena to the Board, effective June 14, 2022, with an initial term expiring at the 2022 Annual Meeting.

Appointed

V. James Vena

Director

FDX · FEDEX CORP

Effective: 2022-06-14
Filed: June 14, 2022, 7:59 PM ET

On June 13, 2022, the Board appointed Amy B. Lane and V. James Vena to the Board, effective June 14, 2022, with an initial term expiring at the 2022 Annual Meeting.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Amy B. Lane was appointed as Director at FEDEX CORP.

Action: appointed
Role: Director

Exact text from the filing

On June 13, 2022, the Board appointed Amy B. Lane and V. James Vena to the Board, effective June 14, 2022, with an initial term expiring at the 2022 Annual Meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

V. James Vena was appointed as Director at FEDEX CORP.

Action: appointed
Role: Director

Exact text from the filing

On June 13, 2022, the Board appointed Amy B. Lane and V. James Vena to the Board, effective June 14, 2022, with an initial term expiring at the 2022 Annual Meeting.

View on SEC.gov

FEDEX CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-173823

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.