Form 8-K
8-K — FEDEX CORP
Accession: 0001104659-26-042617
Filed: 2026-04-13
Period: 2026-04-13
CIK: 0001048911
SIC: 4513 (AIR COURIER SERVICES)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 13, 2026
FedEx Corporation
(Exact name of registrant as specified in its
charter)
Commission File Number 1-15829
Delaware
(State or other jurisdiction of
incorporation)
62-1721435
(IRS
Employer
Identification No.)
942
South Shady Grove Road, Memphis,
Tennessee
(Address
of principal executive offices)
38120
(ZIP Code)
Registrant’s telephone number, including
area code: (901) 818-7500
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol
Name of each exchange
on which registered
Common
Stock, par value $0.10 per share
FDX
New York Stock Exchange
1.625% Notes due 2027
FDX 27
New York Stock Exchange
0.450% Notes due 2029
FDX 29A
New York Stock Exchange
0.450% Notes due 2029
FDX 29B
New York Stock Exchange
1.300% Notes due 2031
FDX 31
New York Stock Exchange
1.300% Notes due 2031
FDX 31B
New York Stock Exchange
3.500% Notes due 2032
FDX 32
New York Stock Exchange
0.950% Notes due 2033
FDX 33
New York Stock Exchange
0.950% Notes due 2033
FDX 33A
New York Stock Exchange
4.125% Notes due 2037
FDX 37
New York Stock Exchange
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
On April 13, 2026, FedEx Corporation
(“FedEx” or the “Company”) announced that John W. Dietrich will step down as Executive Vice President and Chief
Financial Officer on June 1, 2026, and will depart the Company on July 31, 2026. Mr. Dietrich’s departure is not
the result of any disagreement with the Company with respect to any matter relating to the Company’s financial controls, financial
statements, operations, policies, or practices. FedEx and Mr. Dietrich expect to enter into
a separation and release agreement regarding compensation and other terms related to Mr. Dietrich’s departure. FedEx will
file an amendment to this Form 8-K within four business days after this information is determined or becomes available.
The Company will conduct a comprehensive
internal and external search for a permanent successor to Mr. Dietrich.
The
Company also announced that the Company’s Board of Directors appointed Claude F. Russ, who currently serves as the Company’s
Enterprise Vice President, Finance, to serve as Interim Chief Financial Officer, effective June 1, 2026. Mr. Russ
will also continue to serve in his current role and retain his responsibilities while serving as Interim Chief Financial Officer.
Mr. Russ, age 50, has served as Enterprise
Vice President, Finance, of FedEx since June 2024. He previously served as Corporate Vice President, Finance and Transformation,
of FedEx from June 2023 through June 2024. From January 2021 through June 2023, he held various senior leadership
positions at FedEx Dataworks, including President and Chief Executive Officer and Senior Vice President, Revenue Management. From 2002
to 2020, Mr. Russ held various positions with increasing responsibility across FedEx, Federal Express Corporation, FedEx Services,
and FedEx Freight, including serving as Senior Vice President and Chief Financial Officer of FedEx Freight.
There
is no family relationship between Mr. Russ and any director or executive officer of the Company, and Mr. Russ is not a party
to any transaction subject to Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.
In
connection with Mr. Russ’s appointment as Interim Chief Financial Officer, the Company will provide Mr. Russ with the
following additional compensation that is commensurate with his additional duties as Interim Chief Financial Officer: a cash payment
of $25,000 per month for each month Mr. Russ serves in this capacity, and a one-time special award of restricted stock
units with a value of $50,000, which will vest ratably over three years from the date of grant, subject to his continued service with
the Company.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FedEx Corporation
Date: April 13, 2026
By:
/s/Gina F. Adams
Name:
Gina F. Adams
Title:
Executive Vice President, General Counsel and Secretary
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Entity Registrant Name
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Entity Central Index Key
0001048911
Entity Tax Identification Number
62-1721435
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
942
South Shady Grove Road
Entity Address, City or Town
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Entity Address, State or Province
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City Area Code
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Local Phone Number
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Trading Symbol
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Security Exchange Name
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1.625% Notes due 2027
Title of 12(b) Security
1.625% Notes due 2027
Trading Symbol
FDX 27
Security Exchange Name
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0.450% Notes due 2029
Title of 12(b) Security
0.450% Notes due 2029
Trading Symbol
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Security Exchange Name
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0.450% Notes due 2029
Title of 12(b) Security
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Trading Symbol
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Security Exchange Name
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1.300% Notes due 2031
Title of 12(b) Security
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Trading Symbol
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Trading Symbol
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Title of 12(b) Security
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Security Exchange Name
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0.950% Notes due 2033
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Title of 12(b) Security
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Trading Symbol
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4.125% Notes due 2037
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