8-KLeadership Changes

FedEx Freight Holding Company, Inc. 8-K Report, Executive Changes (May 18, 2026)

Filed May 18, 2026For Securities:FDXF

Summary

FedEx Freight Holding Company, Inc. (FDXF) announced a significant leadership change in its accounting department with the appointment of Guy M. Erwin II as Senior Vice President – Chief Accounting Officer, effective June 1, 2026. Mr. Erwin brings extensive experience from his current role as Corporate Vice President – Chief Accounting Officer at FedEx Corporation, where he has served since May 2024, and previous positions within the FedEx finance organization since 2001. This appointment comes in anticipation of FedEx Freight's planned separation from FedEx Corporation. Investors should note that Mr. Erwin's compensation will include a special equity-based award, a base salary, and eligibility for annual incentive and long-term incentive programs, including equity awards under the FedEx Freight 2026 Omnibus Stock Incentive Plan. The report also includes forward-looking statements that highlight potential risks and uncertainties associated with the impending separation, which could impact FedEx Freight's financial performance and operational stability.

Key Highlights

  • 1Guy M. Erwin II appointed Senior Vice President – Chief Accounting Officer of FedEx Freight, effective June 1, 2026.
  • 2Mr. Erwin currently holds the position of Corporate Vice President – Chief Accounting Officer at FedEx Corporation.
  • 3The appointment is made in preparation for FedEx Freight's planned separation from FedEx Corporation.
  • 4Mr. Erwin has a long tenure with FedEx, holding various finance and accounting roles since 2001.
  • 5No reportable conflicts of interest or family relationships exist between Mr. Erwin and current FedEx Freight officers or directors.
  • 6Mr. Erwin is expected to receive a special equity-based award and participate in incentive compensation plans.
  • 7The company acknowledges potential risks and uncertainties related to the separation transaction.

Frequently Asked Questions

Guy M. Erwin II has been appointed as the new Senior Vice President – Chief Accounting Officer for FedEx Freight Holding Company, Inc., effective June 1, 2026.

This appointment is significant because Mr. Erwin is currently the Corporate Vice President – Chief Accounting Officer at FedEx Corporation and has extensive experience within the parent company's finance organization. The timing of this appointment is also in anticipation of FedEx Freight's planned separation from FedEx Corporation.

The filing highlights potential risks including uncertainty during the separation, the possibility that the separation may not be completed or yield intended benefits, disruptions to business relationships, litigation, unanticipated costs, difficulties in obtaining required approvals, and negative effects on financial performance due to the announcement or pendency of the transactions.

Mr. Erwin is expected to receive a special equity-based award, a base salary, and will be eligible to participate in FedEx Freight’s annual incentive compensation plans and long-term incentive program, including equity-based awards, at levels commensurate with his peers.