Summary by Moomoo AI
FedEx Corporation has officially appointed Guy M. Erwin II as the Corporate Vice President – Chief Accounting Officer, effective May 1, 2024. This decision was made by the Board of Directors on April 26, 2024, following Mr. Erwin's tenure as Interim Principal Accounting Officer since October 21, 2023. Mr. Erwin has been with FedEx since 2001, holding various finance roles, most recently as Staff Vice President and Corporate Controller since September 2021. His appointment is part of a natural progression within the company, with no external transactions involving Mr. Erwin or his immediate family that are required to be reported. Additionally, there are no family relationships between Mr. Erwin and any of FedEx's directors or executive officers. With his new role, Mr. Erwin will receive a promotional bonus, a base salary, and be eligible for annual and long-term incentive plans, including stock options and restricted stock awards under the FedEx Corporation 2019 Omnibus Incentive Stock Plan.