Management ChangeApr 13, 2026, 04:12 PM
FedEx CFO John Dietrich to Step Down; Claude Russ Named Interim CFO
AI Summary
FedEx Corporation announced that John W. Dietrich will resign as Executive Vice President and Chief Financial Officer, effective June 1, 2026, and will leave the company on July 31, 2026. His departure is not due to any disagreements regarding the company's financial matters. Claude F. Russ, currently Enterprise Vice President, Finance, has been appointed Interim Chief Financial Officer, also effective June 1, 2026, while the company searches for a permanent successor.
Key Highlights
- John W. Dietrich to step down as Executive VP and CFO on June 1, 2026.
- Mr. Dietrich will depart FedEx on July 31, 2026.
- His departure is not due to disagreements on financial controls or operations.
- Claude F. Russ appointed Interim Chief Financial Officer, effective June 1, 2026.
- FedEx will conduct a comprehensive search for a permanent CFO.
Price Impact
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