How Subramaniam was paid
$12.9M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Rajesh SubramaniamPresident and Chief Executive Officer (Principal Executive Officer) | $1,483,333 | $0 | $2,252,030 | $3,712,832 | $3,422,321 | $386,862 | $1,616,313 | $12,873,691 |
| John W. DietrichExecutive Vice President and Chief Financial Officer (Principal Financial Officer) | $965,502 | $100,000 | $970,456 | $1,500,098 | $941,835 | $214,426 | $742,615 | $5,434,932 |
| Sriram KrishnasamyExecutive Vice President, Chief Digital and Information Officer and Chief Transformation Officer | $835,985 | $50,000 | $1,151,910 | $2,954,753 | $1,000,796 | $103,742 | $867,208 | $6,964,394 |
| John A. SmithChief Operating Officer — United States and Canada, Federal Express | $899,656 | $0 | $1,030,343 | $1,197,882 | $1,174,994 | $214,759 | $763,439 | $5,281,073 |
| Brie A. CarereExecutive Vice President — Chief Customer Officer | $844,622 | $0 | $969,872 | $1,197,882 | $990,718 | $91,404 | $776,580 | $4,871,078 |
What changed and why
- $12.9M$12,873,691 CEO total compensation increased from $12,382,507 in fiscal 2024.
- Below-target AIC payouts resulted from adjusted consolidated operating income below the fiscal 2025 target.
- Below-target FY23-FY25 LTI payouts reflected EPS, CapEx/Revenue, and relative TSR performance.
- 25%25% of active LTI payout opportunity is tied to relative TSR and 25% to ROIC.
- 90.6%90.6% of votes supported named executive officer compensation at the 2024 annual meeting.
Other FedEx proxy statements
- 2026 proxy statement
Rajesh Subramaniam paid $27.6M (+114% on the year), pay ratio 547:1.
Filed Aug 17, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.