FedEx CFO John Dietrich to Step Down After Freight Spinoff
FedEx announced that CFO John Dietrich will step down on June 1 as the company completes its freight unit spinoff. Claude Russ will serve as interim finance chief.
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FEDEX CORP has announced that Chief Financial Officer John Dietrich will step down from his position on June 1, 2026. The departure coincides with the company's progress in spinning off its freight division into a standalone, publicly traded business. To manage the transition, Claude Russ, currently the vice president of finance enterprise, will assume the role of interim CFO while the board searches for a permanent successor. Dietrich is expected to remain with the firm until July 31 to ensure a smooth handover.
