FedEx's Chief Financial Officer, John Dietrich, is set to resign as the company approaches the separation of its Freight division.
by Web Administrator
Apr 15, 2026 10:30
FedEx's executive vice president and CFO, John W. Dietrich, will resign on June 1 after the spin-off of FedEx Freight into a separate publicly traded company, remaining until July 31 for transition support. Claude Russ, currently the enterprise vice president of Finance, will serve as interim CFO while FedEx searches for a permanent replacement. FedEx reaffirmed its fiscal outlook for 2026 and 2029 targets. CEO Raj Subramaniam praised Dietrich for his contributions to the company's transformation and expressed confidence in Russ's leadership and experience in ensuring strategic continuity.