FedEx said on October 26, 2026 that it appointed Jamere Jackson as Executive Vice President and Chief Financial Officer, effective November 30, 2026. He succeeds Claude F. Russ, who has served as Interim Chief Financial Officer since June 1, 2026.

1. 01

   FedEx said on October 26, 2026 that it appointed Jamere Jackson as Executive Vice President and Chief Financial Officer, effective November 30, 2026. He succeeds Claude F. Russ, who has served as Interim Chief Financial Officer since June 1, 2026.

2. 02

   The company said Jackson, 57, has served as Chief Financial Officer of AutoZone since January 1, 2021. Before that, he was Chief Financial Officer of Hertz Global Holdings (2018 to 2020) and of Nielsen Holdings plc (2014 to 2018). He also sits on the Board of Directors of Eli Lilly & Co.

3. 03

   FedEx said Jackson's annual base salary will be $1,000,000 and that he will receive a signing bonus of $2,000,000, paid in two installments in November 2026 and November 2027. The bonus is subject to prorated repayment if he resigns before the anniversary of his start date. The company said he will participate in the TY26 annual incentive compensation plan, with a target payout opportunity equal to 120% of his eligible earnings paid during TY26.

4. 04

   The company said Jackson will receive a restricted stock unit award with a grant date fair value of $766,000 under TY26, and a stock option award with a Black-Scholes grant date fair value of $191,500. Both will vest ratably over 3 years. He will also receive a one-time special restricted stock unit award with a grant date fair value of $5,000,000, intended to compensate him for forfeited AutoZone equity awards, which will vest ratably over 3 years.

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