FDX News & Events

FedEx announced that John Dietrich will step down as executive vice president and chief financial officer on June 1 upon successful completion of the spin-off of FedEx Freight into a new publicly traded company. He will remain with the company until July 31. Claude Russ, FedEx enterprise vice president, Finance will serve as interim CFO, effective June 1, as the company conducts a comprehensive internal and external search for a successor. Additionally, FedEx affirms the FY26 outlook shared on its last earnings call, along with the 2029 targets shared at its Investor Day in February.

"Federal Express Corporation and the Air Line Pilots Association have reached a tentative agreement that, if ratified, will provide its 5,000+ FedEx pilots with an industry-leading collective bargaining agreement. FedEx would like to thank both negotiating committees as well as the National Mediation Board and its professional mediators, whose assistance was invaluable." "This tentative agreement reflects our commitment to our valued crew members and to our growth strategy for the airline and the business as a whole," said Richard Smith, chief operating officer, International & chief executive officer, Airline. "It's a win-win for our pilots, for FedEx, and for our customers around the world."