---
title: "FedEx Freight appoints John A. Smith as CEO-level executive with long-term incentives for senior team"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291004483.md"
description: "FedEx Freight approved executive compensation programs, awarding long-term and one-time incentives to CEO John A. Smith and five senior executives. The awards, effective June 24, 2026, include annual and long-term incentive plans as well as spin-off related bonuses and RSUs, following HRCC approval."
datetime: "2026-06-26T20:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291004483.md)
  - [en](https://longbridge.com/en/news/291004483.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291004483.md)
generator: "portal-rs"
---

# FedEx Freight appoints John A. Smith as CEO-level executive with long-term incentives for senior team

**FedEx Freight approved executive compensation programs and awarded long-term and one-time incentives to CEO John A. Smith and five senior executives, effective June 24, 2026.**

Individual

John A. Smith

Clement Edward Klank III

Michael B. Lyons

Clinton D. McCoy

Michael Rodgers

Marshall W. Witt

Role

President and Chief Executive Officer

Executive Vice President – Chief Human Resources and Legal Officer

Executive Vice President – Chief Specialized Services and Commercial Officer

Executive Vice President – Chief Operating Officer

Executive Vice President – Chief Technology Officer

Executive Vice President – Chief Financial Officer

Type of Change

Compensation awards approved

Compensation awards approved

Compensation awards approved

Compensation awards approved

Compensation awards approved

Compensation awards approved

Effective Date

June 24, 2026

June 24, 2026

June 24, 2026

June 24, 2026

June 24, 2026

June 24, 2026

Reason

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off RSUs in connection with Spin-Off

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off bonus/RSUs

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off bonus/RSUs

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off bonus/RSUs

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off bonus/RSUs; specific retirement vesting exception

HRCC-approved TY26 AIC Plan, TY26–CY28 LTIP and Spin-Off bonus/RSUs; additional offer-letter bonus

Replacement Info

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Background Details

Holds Converted PSUs with original target value $825,000; TY26 AIC target 175% salary; TY26–CY28 LTIP target 450% salary

Holds Converted PSUs with original target value $155,000; TY26 AIC target 100% salary; TY26–CY28 LTIP target 200% salary

Holds Converted PSUs with original target value $155,000; TY26 AIC target 100% salary; TY26–CY28 LTIP target 200% salary

Holds Converted PSUs with original target value $155,000; TY26 AIC target 100% salary; TY26–CY28 LTIP target 200% salary

Holds Converted PSUs with original target value $155,000; TY26 AIC target 100% salary; TY26–CY28 LTIP target 200% salary; LTIP RSU/Spin-Off RSU retirement vesting exception

TY26 AIC target 100% salary; TY26–CY28 LTIP target 200% salary; $585,000 cash bonus per offer letter

Board/Committee Role Changes

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Not disclosed

Original SEC Filing: FedEx Freight Holding Company, Inc. \[ FDXF \] - 8-K - Jun. 26, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**