FedEx Appoints Jamere Jackson as Executive Vice President and Chief Financial Officer

Executive Overview

On October 26, 2026, FedEx Corporation filed a Form 8-K reporting the appointment of Jamere Jackson as Executive Vice President and Chief Financial Officer, effective November 30, 2026. Mr. Jackson succeeds Claude F. Russ, who has served as Interim CFO since June 1, 2026.

Executive Background

Mr. Jackson (age 57) brings extensive public company CFO experience:

• AutoZone, Inc.: CFO since January 1, 2021; previously EVP and CFO – Elect, Finance and Store Development (September 2020 – December 2020).
• Hertz Global Holdings, Inc.: EVP and CFO (2018–2020).
• Nielsen Holdings plc: CFO (2014–2018).
• General Electric Company: Held multiple senior financial leadership roles, including VP and CFO of a GE Oil & Gas division.
• Board Roles: Currently serves on the Board of Directors of Eli Lilly & Co., where he chairs the Audit Committee.

Compensation Package

• Base Salary: $1,000,000 annualized.
• Sign-on Bonus: $2,000,000 payable in two equal tranches (November 2026 and November 2027), subject to pro-rata clawback if employment ends prior to the first anniversary.
• Annual Incentive Compensation (AIC): Target payout opportunity of 120% of eligible transition year 2026 (TY26) earnings.
• Long-Term Incentive (LTI): Prorated participation in the FY25–FY27 and FY26–FY28 cycles.
• TY26 Equity Grants:
  • Restricted Stock Units (RSUs) with a grant date fair value of $766,000.
  • Stock options with a Black-Scholes fair value of $191,500.
  • Both awards vest ratably over three years.
• Make-Whole Equity Grant: A one-time special RSU award valued at $5,000,000 vesting ratably over three years to replace forfeited AutoZone equity.

Governance & Operational Impact

There are no Item 404(a) related-party transactions or family relationships reported. The appointment concludes FedEx's CFO search and instates an experienced Fortune 500 finance leader amid the company's ongoing operational network initiatives (e.g., Network 2.0 and Tricolor).