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Form 8-K/A · Current Report · Filed 2024-04-26

FedEx Appoints New Chief Accounting Officer

On October 13, 2023, FedEx Corporation announced that Guy M.

Filer
FedEx Corporation FDX · NYSE
Filed
Accession
0001193125-24-118085
CIK
0001048911
Signal
Medium impactIndustrials

Details

Erwin II would serve as Interim Principal Accounting Officer, beginning October 21, 2023. On April 26, 2024, the Board of Directors appointed Mr. Erwin as the Company's Corporate Vice President – Chief Accounting Officer, effective May 1, 2024. Mr. Erwin has a long history with FedEx, having served in various finance roles since 2001. In his new role, he will receive a promotional bonus, continue his base salary, and be eligible for participation in the Company's annual and long-term incentive compensation plans, including stock options and restricted stock awards.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CAO Appointed Executive Compensation Detail

Market reaction

Close before filing

$213.96

Next session

+0.1%

Since filing

+43.7%

Latest close

$307.40

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FDX reporting the same item, with the next session's move:

About FedEx Corporation

FedEx Corporation is a multinational delivery services company known for its air and ground shipping capacities. Established in 1971, FedEx provides a wide range of logistics services, including express transportation, freight forwarding, and e-commerce solutions to businesses and consumers alike. With a strong focus on innovation and efficiency, FedEx has developed advanced tracking systems and time-definite delivery services, setting standards in the express delivery industry. The corporation operates in various segments such as FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, each tailored to meet specific logistics needs worldwide. FedEx plays a crucial role in global commerce, facilitating the timely exchange of goods and documents across borders, impacting industries like retail, healthcare, and manufacturing. In a digital age where immediate delivery is paramount, FedEx's infrastructure and expertise make it integral to the supply chain and distribution networks that drive the modern economy.

Exchange NYSE Industry Integrated Freight & Logistics Company website ↗

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