FedEx

FDX

Market cap $88.3B

FedEx Corp (NYSE:FDX, XETRA:FDX) is facing an “optically tough” leadership transition as its chief financial officer steps down ahead of a planned freight spin-off, but UBS said the move is consistent with the company's financial strategy and maintained a positive view on the stock. CFO John Dietrich will step down effective June 1, capping a three-year tenure that followed his previous role as CEO of Atlas Air Worldwide Holdings, the company announced.

FedEx said on Monday Chief Financial ​Officer John Dietrich would step down, ‌effective June 1, after the parcel firm completes the spinoff of FedEx Freight into a publicly traded company.

MEMPHIS, Tenn.--(BUSINESS WIRE)--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.

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FedEx and a union representing more than 5,000 of its pilots ​reached a tentative deal on Wednesday, paving ‌the way for wages increases after years of negotiations.

FedEx Corporation (FDX) Analyst/Investor Day Transcript

FedEx Freight plans to focus on optimizing its network and boosting its commercial offerings after it spins off from FedEx.

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Freight will host its inaugural Investor Day at the New York Stock Exchange (NYSE) in New York City today, ahead of its planned spinoff from FedEx Corporation (NYSE: FDX). Members of the FedEx Freight executive leadership team, led by incoming president and chief executive officer John Smith, will outline the company's advantaged positioning as the largest North American less-than-truckload (LTL) carrier and unique value proposition, compelling financial m.

Today's Big 3 focuses on stocks Aquiles Larrea, Jr. sees as fortresses in Wall Street despite ongoing geopolitical uncertainty. He makes the case for continuing strength in Boeing (BA), Deere & Co. (DE), and FedEx (FDX) and explains why they all have room in a "quality portfolio.

FedEx's shares are up 16.2% in three months, powered by cost cuts and upbeat FY26 guidance --- but fuel spikes and trade-policy shifts cloud the near term.