secwatch.observer — SEC 8-K summary
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Issuer:     FEDEX CORP (FDX)
CIK:        0001048911
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0001193125-23-188128
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048911/000119312523188128/0001193125-23-188128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048911/000119312523188128/d538090d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-188128

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