{"id":950920,"date":"2026-04-13T16:04:39","date_gmt":"2026-04-13T20:04:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-chief-financial-officer-john-w-dietrich-to-step-down-june-1\/"},"modified":"2026-04-13T16:04:39","modified_gmt":"2026-04-13T20:04:39","slug":"fedex-chief-financial-officer-john-w-dietrich-to-step-down-june-1","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-chief-financial-officer-john-w-dietrich-to-step-down-june-1\/","title":{"rendered":"FedEx Chief Financial Officer John W. Dietrich to Step Down June 1"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>FedEx Chief Financial Officer John W. Dietrich to Step Down June 1<\/b><\/p>\n<p class=\"bwalignc\"><i>Timing to coincide with completion of the FedEx Freight spin-off<\/i><\/p>\n<p class=\"bwalignc\"><i>Enterprise Vice President, Finance, Claude Russ to serve as Interim CFO while company conducts search<\/i><\/p>\n<p class=\"bwalignl\">MEMPHIS, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFedEx Corp. (NYSE: FDX) today 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.<\/p>\n<p>\n\u201cI want to thank John for his many contributions to the FedEx leadership team over the last several years as we successfully navigated a significant company transformation and delivered on the upcoming spin of our Freight business,\u201d said Raj Subramaniam, president and chief executive officer of FedEx Corporation. \u201cAs we begin the search for John\u2019s successor, I am confident that Claude\u2019s wealth of experience will ensure seamless continuity and commitment to advancing our strategy.\u201d<\/p>\n<p>\nIn Russ\u2019 current role, he leads the FedEx Global Financial Planning and Analysis team as well as the finance initiatives within the company\u2019s DRIVE transformation. With 24 years of experience at FedEx, he has served in a variety of leadership positions including COO of FedEx Dataworks, senior vice president of Revenue Management at FedEx Services, and CFO of FedEx Freight. The FedEx Finance team is further supported by a bench of highly experienced and capable leaders.<\/p>\n<p><b>About FedEx Corp.<\/b><\/p>\n<p>\nFedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $92 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world&#8217;s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Ffedex.com%2Fabout&amp;esheet=54500163&amp;newsitemid=20260413755727&amp;lan=en-US&amp;anchor=fedex.com%2Fabout&amp;index=1&amp;md5=c26b789bfd6f7086f74d9893dcb8742d\">fedex.com\/about<\/a>.<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Information<\/b><\/p>\n<p>\nCertain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act, such as statements regarding FY26 outlook and FedEx\u2019s 2029 targets. Forward-looking statements include those preceded by, followed by or that include the words \u201cwill,\u201d \u201cmay,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cexpects,\u201d \u201cforecasts,\u201d \u201canticipates,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201ctargets,\u201d \u201cprojects,\u201d \u201cintends\u201d or similar expressions. Such forward-looking statements are based on management\u2019s current expectations and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to the factors which can be found in FedEx\u2019s and its subsidiaries\u2019 press releases and FedEx\u2019s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended May 31, 2025, and subsequently filed Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date on which it is made. FedEx does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413755727r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260413755727\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260413755727\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact:<br \/>\n<br \/>Caitlin Maier<br \/>\n<br \/>901-434-8100<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mediarelations@fedex.com\">mediarelations@fedex.com<\/a><\/p>\n<p>\nInvestor Relations Contact:<br \/>\n<br \/>Jeni Hollander<br \/>\n<br \/>901-818-7200<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@fedex.com\">ir@fedex.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Tennessee United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Trucking Rail Air Transport Logistics\/Supply Chain Management Other Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260413755727\/en\/827809\/3\/Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FedEx Chief Financial Officer John W. Dietrich to Step Down June 1 Timing to coincide with completion of the FedEx Freight spin-off Enterprise Vice President, Finance, Claude Russ to serve as Interim CFO while company conducts search MEMPHIS, Tenn.&#8211;(BUSINESS WIRE)&#8211; FedEx Corp. (NYSE: FDX) today 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-chief-financial-officer-john-w-dietrich-to-step-down-june-1\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FedEx Chief Financial Officer John W. Dietrich to Step Down June 1&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-950920","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FedEx Chief Financial Officer John W. Dietrich to Step Down June 1 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fedex-chief-financial-officer-john-w-dietrich-to-step-down-june-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FedEx Chief Financial Officer John W. Dietrich to Step Down June 1 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FedEx Chief Financial Officer John W. Dietrich to Step Down June 1 Timing to coincide with completion of the FedEx Freight spin-off Enterprise Vice President, Finance, Claude Russ to serve as Interim CFO while company conducts search MEMPHIS, Tenn.&#8211;(BUSINESS WIRE)&#8211; FedEx Corp. (NYSE: FDX) today 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 &hellip; Continue reading &quot;FedEx Chief Financial Officer John W. 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