01—Abstract
Summary
Summary of the 8-K filed May 18, 2026. Cited figures are marked; the original filing is the authoritative source.
FedEx Corporation (FDX) has announced a change in its Chief Accounting Officer role through an 8-K filing dated May 18, 2026.
Guy M. Erwin II, the current Corporate Vice President and Chief Accounting Officer, will be resigning from his position effective May 31, 2026, to assume a new role as Senior Vice President – Chief Accounting Officer at FedEx Freight Holding Company, Inc. Importantly, FedEx has stated that Mr. Erwin's departure is not due to any disagreements concerning financial controls, statements, operations, policies, or practices. In light of this transition, the Board of Directors has appointed Claude F.
Russ, the current Enterprise Vice President, Finance, and recently named Interim Chief Financial Officer, to serve as the Interim Chief Accounting Officer. This appointment is effective June 1, 2026, and will last until a permanent successor for Mr. Erwin is appointed. Mr. Russ brings extensive experience within FedEx, having held various senior finance and leadership roles across different divisions of the company.
02—Key points
Key Highlights
- Guy M. Erwin II is resigning as Corporate Vice President and Chief Accounting Officer, effective May 31, 2026.
- Mr. Erwin's departure is amicable and not related to any financial disagreements or issues.
- Claude F. Russ has been appointed Interim Chief Accounting Officer, effective June 1, 2026.
- Mr. Russ also serves as the newly appointed Interim Chief Financial Officer, effective June 1, 2026.
- Mr. Russ has a long tenure and broad financial experience within FedEx.
- Mr. Russ's appointment as Interim Chief Accounting Officer is a temporary measure pending the selection of a permanent successor.
03—Questions
Frequently Asked Questions
Why is Guy M. Erwin II leaving his role as Chief Accounting Officer?
Guy M. Erwin II is resigning to take on a new position as Senior Vice President – Chief Accounting Officer at FedEx Freight Holding Company, Inc. FedEx has confirmed that his departure is not a result of any disagreements regarding the company's financial controls, statements, operations, policies, or practices.
Who will be the new Chief Accounting Officer?
Claude F. Russ has been appointed as the Interim Chief Accounting Officer, effective June 1, 2026. This appointment is temporary until a permanent successor to Mr. Erwin is identified.
What is Claude F. Russ's background?
Claude F. Russ has a significant history with FedEx, currently serving as Enterprise Vice President, Finance. He has also been appointed as the Interim Chief Financial Officer, effective June 1, 2026. His experience spans various senior finance and leadership roles across multiple FedEx operating companies and has been with the company since 2002 in various capacities.
Will Mr. Russ hold both the Interim CFO and Interim CAO roles simultaneously?
Yes, the filing indicates that Claude F. Russ has been named Interim Chief Financial Officer effective June 1, 2026, and will also serve as Interim Chief Accounting Officer effective June 1, 2026. This dual role will continue until a permanent Chief Accounting Officer is appointed.
04—Continue