FedEx appoints Atlas Air's former CEO John W. Dietrich as CFO effective August 1

FEDEX CORP

John W. Dietrich appointed EVP and CFO effective Aug 1; current CFO Michael C. Lenz transitions out July 31 and remains as senior advisor until Dec 31.
Dietrich receives $200K signing bonus (two installments), $919K annual salary, 120% target AIC, and LTI awards with potential payouts up to $3.75M.
Other finance org changes: Jennifer L. Johnson expands to global accounting; Leslie Benners leads sourcing/procurement; Claude Russ heads Finance Transformation.
Dietrich previously served as CEO of Atlas Air Worldwide from 2020-2023 and held leadership roles there since 1999; over 30 years in aviation and air cargo.

item 5.02 item 9.01

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Appointed

John W. Dietrich

Executive Vice President and Chief Financial Officer

FDX · FEDEX CORP

Effective: 2023-08-01
Filed: July 17, 2023, 7:59 PM ET

appointed John W. Dietrich as Executive Vice President and Chief Financial Officer–Elect of FedEx effective July 17, 2023, and Executive Vice President and Chief Financial Officer of FedEx effective August 1, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

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

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

appointed John W. Dietrich as Executive Vice President and Chief Financial Officer–Elect of FedEx effective July 17, 2023, and Executive Vice President and Chief Financial Officer of FedEx effective August 1, 2023.

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Source: SEC EDGAR

accession 0001193125-23-188128

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