FedEx Corporation announced on October 26, 2026, 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 the Company’s Interim Chief Financial Officer since June 1, 2026.
Mr. Jackson, age 57, joins FedEx from AutoZone, Inc., where he has served as Chief Financial Officer since January 1, 2021. Prior to AutoZone, he held the position of Executive Vice President and Chief Financial Officer – Elect, Finance and Store Development from September 14, 2020, to December 31, 2020. His previous roles include Executive Vice President and Chief Financial Officer of Hertz Global Holdings, Inc. from 2018 to 2020 and Chief Financial Officer of Nielsen Holdings plc from 2014 to 2018. Earlier in his career, Mr. Jackson held a variety of leadership roles at General Electric Company, including Vice President and Chief Financial Officer of a division of General Electric Oil and Gas. He currently serves on the Board of Directors of Eli Lilly & Co. and chairs its Audit Committee.
In connection with his appointment, Mr. Jackson’s annual base salary will be $1,000,000. He will receive a signing bonus of $2,000,000, payable in two installments in November 2026 and November 2027, subject to repayment on a prorated basis if he resigns prior to the anniversary of his start date. He will participate in FedEx’s transition year 2026 annual incentive compensation plan with a target payout opportunity equal to 120% of his eligible earnings paid during TY26. Mr. Jackson is also eligible for participation in FedEx’s FY25–FY27 and FY26–FY28 long-term incentive plans.
Mr. Jackson will receive a TY26 restricted stock unit award with a grant date fair value of $766,000 and a TY26 stock option award with a Black-Scholes grant date fair value of $191,500. Both awards will vest ratably over three years. Additionally, he will receive a one-time special RSU award with a grant date fair value of $5,000,000, vesting ratably over three years, intended to compensate him for the forfeiture of his outstanding AutoZone equity awards.
FedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, ecommerce, and business services. The company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network and had annual revenue of $86 billion as described in the press release.