FedEx (FDX) executive compensation, 2026 proxy

Rajesh Subramaniam, President and Chief Executive Officer, was paid $27.6M in fiscal 2026, up 114% from $12.9M the year before. The CEO-to-median-employee pay ratio was 547:1, on median employee pay of $50,373.

Filed
August 17, 2026
Pay year
fiscal 2026
Named executives
6
CEO total pay
$27.6M+114% vs prior year
CEO to median employee
547:1median $50,373
CEO pay in equity
38%$10.4M in awards
CEO stock awards
$6.731MGrant-date fair value
CEO option awards
$3.715MGrant-date fair value
CEO incentive pay
$10.594MAIC and LTI payouts
AIC operating income weighting
50%Fiscal 2026 AIC plan
LTI EPS weighting
50%Fiscal 2026 LTI plan

How Subramaniam was paid

$27.6M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Bonus7%Stock awards24%Option awards13%Non-equity incentive38%Pension and deferred comp2%All other compensation9%

Named executive officers

ExecutiveTotal
Rajesh SubramaniamPresident and Chief Executive Officer$27,554,018
John W. DietrichFormer Executive Vice President and Chief Financial Officer$9,826,275
Vishal TalwarExecutive Vice President, Chief Digital and Information Officer and President, Dataworks$11,629,483
Brie A. CarereExecutive Vice President — Chief Customer Officer$9,799,836
Tracy B. BrightmanExecutive Vice President — Chief People Officer$9,200,243
Sriram KrishnasamyFormer Executive Vice President, Chief Digital and Information Officer and Chief Transformation Officer$13,045,095

What changed and why

  • $27.6M$27,554,018 Rajesh Subramaniam’s fiscal 2026 total compensation included $10,593,500 in non-equity incentive compensation.
  • $1.9M$1,900,000 was a one-time special cash bonus awarded to Mr. Subramaniam for fiscal 2026 execution and results.
  • 50%50% of fiscal 2026 AIC performance depended on adjusted consolidated operating income.
  • 25%25% of fiscal 2026 AIC performance depended on DRIVE and Network 2.0 structural cost reductions.
  • 50%50% of fiscal 2026 LTI performance depended on aggregate adjusted EPS goals.
  • $3.3MSriram Krishnasamy’s total included accelerated unvested equity awards and $3,322,711 in separation-related other compensation.

Other FedEx proxy statements

  • 2025 proxy statement

    Rajesh Subramaniam paid $12.9M (+4% on the year), pay ratio 254:1.

    Filed Aug 18, 2025

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.