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Form 8-K · Current Report · Filed 2025-07-17

FedEx CIO and CTO Departure Announced

On July 17, 2025, FedEx Corporation announced that Sriram Krishnasamy will step down as Executive Vice President, Chief Digital and Information Officer, and Chief Transformation Officer, effective immediately.

Filer
FedEx Corporation FDX · NYSE
Filed
Accession
0001193125-25-160599
CIK
0001048911
Signal
High impactIndustrials

Details

He will remain as an Executive Advisor until October 31, 2025. FedEx and Mr. Krishnasamy are finalizing the compensation and other terms related to his departure.

Items reported

Item 5.02

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

Key Executive Departure

Market reaction

Close before filing

$184.33

Next session

-0.9%

Since filing

+66.8%

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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