FedEx awards $2.75M in special bonuses to top execs for fiscal 2026 transformation results

Filed July 24, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  CEO Rajesh Subramaniam received $1.9M and executive Brie Carere received $850K in one-time bonuses recognizing fiscal 2026 achievements including above-plan operating income and structural cost savings exceeding the $1B target.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Board approved new Executive Severance Plan replacing prior Management Retention Agreements, providing severance at 2x base plus target bonus for CEO, 1.5x for 10+ year executives, and 1x for others, contingent on releases and non-compete covenants with clawback provisions.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Change-of-control provision grants all executives 2x severance multiplier if terminated without cause or resign with good reason within 24 months following ownership change.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →