FedEx (FDX) 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.
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