FedEx 8-K
CEO/CFO change
Former AutoZone CFO Jamere Jackson named CFO effective Nov. 30, 2026, succeeding interim CFO Claude Russ.
Filed 2026-10-26 07:15 ET
- 5.02 Officer/director change
- 9.01 Financial Statements and Exhibits
Summary
FedEx appointed Jamere Jackson as executive vice president and CFO, effective 11/30/2026. He succeeds interim CFO Claude Russ. Jackson was most recently CFO of AutoZone and previously held CFO roles at Hertz and Nielsen, as well as finance leadership positions at GE.
Key Figures
- Annual base salary: $1.0M. Signing bonus: $2.0M, payable in two installments in November 2026 and November 2027; repayment is prorated if Jackson resigns before the first anniversary of his start date.
- Transition-year 2026 annual incentive plan target: 120% of eligible earnings paid during TY26. Jackson is also eligible for prorated participation in FedEx’s FY25–FY27 and FY26–FY28 long-term incentive plans.
- TY26 equity awards: restricted stock units with $0.766M grant-date fair value and stock options with $0.192M Black-Scholes grant-date fair value; both vest ratably over three years. A special $5.0M grant-date fair-value RSU award, intended to compensate for forfeited AutoZone equity awards, also vests ratably over three years.
The summary is written by an AI model reading the filing.
Model 005 · prompt v111 · 2026-10-26 14:32:32Z