FedEx Freight sets transition-year cash incentive plan with CEO target payout at 175% of base salary

FedEx Freight Holding Company, Inc.

FedEx Freight Holding Company, Inc.

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  • FedEx Freight set a TY26 annual cash incentive plan covering June 1–Dec. 31, 2026, tied to adjusted consolidated operating income.
  • No payout for executive officers below the threshold; above-target payouts scale to a 200% cap of target.
  • CEO John A. Smith target payout set at 175% of prorated base salary; other named executive officers set at 100%.
  • HR committee also established the TY26–CY28 long-term equity incentive program running June 1, 2026–Dec. 31, 2028, with grants slated for June 29.


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