News & Events

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Election of New Director On June 8, 2026, the Board of Directors (the “Board”) of FedEx Corporation (“FedEx” or the “Company”) elected Mark A. Edmunds as a director, effective immediately. The Board also appointed Mr. Edmunds as Chair of its Audit and Finance Committee and member of its Cyber and Technology Oversight Committee. A copy of FedEx’s p…

Completion of Acquisition or Disposition of Assets. Immediately prior to the consummation of the Spin-Off, FedEx Freight was a wholly owned subsidiary of the Company. Effective as of 12:01 a.m., Central Time, on June 1, 2026 (the “Effective Time”), the Company completed the Spin-Off through the distribution by FedEx of 80.1% of the outstanding shares of FedEx Freight common stock on a pro rata basis to the holders of FedEx common stock. Each FedEx stockholder received one share of FedEx Freig…

Entry Into a Material Definitive Agreement. On June 1, 2026, FedEx Corporation, a Delaware corporation (“FedEx” or the “Company”) completed its spin-off of FedEx Freight Holding Company, Inc., a Delaware corporation (“FedEx Freight”), into a new, publicly traded company (the “Spin-Off”). FedEx, or subsidiaries thereof, have entered into the following agreements with FedEx Freight, or subsidiaries thereof, in connection with the Spin-Off in order to govern the ongoing relationship between the…

Director and Chief Operating Officer, United States and Canada — Stephen E. Gorman and John A. Smith: Both individuals resigned in connection with the Spin-Off to take up new roles at FedEx Freight.

Other Events. In connection with the Spin-Off, FedEx Freight paid a cash dividend of approximately $4.1 billion to the Company prior to the Effective Time from the proceeds of the $3.7 billion senior notes offering completed in February 2026 and borrowings under its delayed-draw term loan facility. On June 1, 2026, FedEx issued a press release announcing the completion of the Spin-Off. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Chief Accounting Officer — Guy M. Erwin II: Mr. Erwin is resigning to join FedEx Freight Holding Company, Inc.

Other Events. On May 11, 2026, the U.S. Securities and Exchange Commission (the “SEC”) declared effective the Registration Statement on Form 10 filed by FedEx Freight Holding Company, Inc. (“FedEx Freight”) in connection with the previously announced separation of FedEx Freight from FedEx Corporation (“FedEx”) into a new, publicly traded company. On May 13, 2026, the FedEx Board of Directors declared a pro rata dividend of 80.1% of the outstanding shares of common stock of FedEx Freight to Fe…

Executive Vice President and Chief Financial Officer — John W. Dietrich: John W. Dietrich is stepping down as CFO with a separation agreement.

Chief Financial Officer — John W. Dietrich: John W. Dietrich is stepping down as CFO and departing the company.

of Form 8-K and General Instruction B.2 thereunder. Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. SECTION 2. FINANCIAL INFORMATION.

Amendments to long-term incentive plans due to the planned spin-off of FedEx Freight and change in fiscal year end.

Other Events. On February 9, 2026, InPost S.A. (“InPost”) and a consortium consisting of FedEx Corporation, through a wholly-owned subsidiary (together, “FedEx”), IS Iris Financial Investor S.à r.l (“Advent”), A&R Investments Limited (“A&R Investments”), and PPF Group N.V. (together with its subsidiaries, “PPF”) announced a conditional agreement on an intended recommended all-cash public offer for all issued and outstanding shares of InPost at an offer price of €15.60 (cum dividend) per share…

Other Events. On February 5, 2026, FedEx Freight Holding Company, Inc. (the “Issuer”), a wholly owned subsidiary of FedEx Corporation (“FedEx” or the “Company”), issued $1,000,000,000 aggregate principal amount of its 4.300% Senior Notes due 2029 (the “2029 Notes”), $1,000,000,000 aggregate principal amount of its 4.650% Senior Notes due 2031 (the “2031 Notes”), $700,000,000 aggregate principal amount of its 4.950% Senior Notes due 2033 (the “2033 Notes”), and $1,000,000,000 aggregate princip…

Costs Associated with Exit or Disposal Activities. On January 23, 2026, FedEx Express FR (“FedEx France”), a subsidiary of FedEx Corporation (“FedEx”), announced a transformation program to modernize and simplify its domestic operations in France. A copy of the press release issued by FedEx France on January 23, 2026, announcing the plan is attached as Exhibit 99.1 and incorporated herein by reference. The proposal may reduce up to 500 operational positions and change working locations and sc…

Chief Operating Officer, United States and Canada — Scott L. Ray: Scott L. Ray was promoted to Chief Operating Officer, United States and Canada.

Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in

Director — Stephen E. Gorman: Resigned from the Board to join FedEx Freight's board upon its spin-off.

Entry into a Material Definitive Agreement. In contemplation of the planned spin-off (the “ Spin-Off ”) of FedEx Freight Holding Company, Inc. (“ FedEx Freight ”), on January 15, 2026, FedEx Freight, which is currently, and will be until the consummation of the Spin-Off, a wholly owned subsidiary of FedEx Corporation (“ FedEx ”), entered into (a) a five-year revolving credit facility in an aggregate committed amount of $1.2 billion (including a letter of credit sub-facility in an aggregate fa…

of Form 8-K and General Instruction B.2 thereunder. Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. SECTION 2. FINANCIAL INFORMATION.

Entry into a Material Definitive Agreement. On October 31, 2025, FedEx Corporation (“FedEx”), as borrower, amended its $1.75 billion three-year credit agreement (the “Three-Year Credit Agreement”) and $1.75 billion five-year credit agreement (the “Five-Year Credit Agreement” and, together with the Three-Year Credit Agreement, the “Credit Agreements”). FedEx entered into the amendments to the Credit Agreements (the “Amendments”) with a syndicate of banks and other financial institutions (the “…

Executive Vice President — Chief Digital and Information Officer and Chief Transformation Officer — Sriram Krishnasamy: Mr. Krishnasamy will step down from his executive roles.

Director — David P. Steiner: Resigned to become United States Postmaster General.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 13, 2023, FedEx Corporation (“FedEx” or the “Company”) filed a Current Report on Form 8-K disclosing that Guy M. Erwin II had been appointed to serve as Interim Principal Accounting Officer of FedEx beginning on October 21, 2023. On April 26, 2024, the Board of Directors of FedEx appointed Mr. Erwin to serve as the Company’s Corporate Vi…

Other Events. Federal Express Corporation (“FedEx Express”), a wholly owned subsidiary of FedEx Corporation (“FedEx”), announced today that its agreement to provide domestic transportation services for the United States Postal Service (“USPS”) will expire by its terms on September 29, 2024. The parties were unable to reach agreement on mutually beneficial terms to extend the contract, and negotiations concluded on March 29, 2024, following extensive discussions. FedEx Express will continue to…

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously reported, Jennifer L. Johnson, Corporate Vice President and Principal Accounting Officer of FedEx Corporation (“FedEx” or the “Company”), has resigned from her position with the Company effective October 20, 2023. The Board of Directors of FedEx has appointed Guy M. Erwin II to serve as the Company’s Interim Principal Accounting Offic…