FedEx CFO John Dietrich to step down; Claude Russ named interim CFO June 1
FedEx said Chief Financial Officer John W. Dietrich will step down as Executive Vice President and CFO on June 1, 2026, and leave the company on July 31, 2026, with the departure not tied to any disagreement over financial controls or statements. Claude F. Russ, currently Enterprise Vice President, Finance, will serve as interim CFO starting June 1, 2026, while keeping his current role, and the company will search for a permanent successor.
Key points
- John W. Dietrich steps down as CFO on June 1, 2026 and departs July 31, 2026
- Claude F. Russ appointed interim CFO effective June 1, 2026, while retaining his Enterprise Vice President, Finance role
- Russ receives $25,000 per month while serving as interim CFO, plus a one-time restricted stock unit award valued at $50,000 vesting over three years
- FedEx expects to enter a separation and release agreement with Dietrich; terms not yet disclosed
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 13, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.