Just saw FedEx is making some leadership moves - their CFO John Dietrich is stepping down after they finish spinning off FedEx Freight. Pretty interesting timing honestly. Claude Russ, the VP of Finance, will take over as interim CFO while they search for a permanent replacement. What caught my attention though is they're sticking with their adjusted earnings guidance for the fiscal year ending May 31, saying they'll hit between $19.3 and $20.1 per share. So despite the executive shuffle, they're not backing off their fiscal year targets. Makes you wonder if they're confident things are actually on track, or if this was already planned out. Either way, the fiscal year numbers should tell us a lot about how well this whole restructuring is working out for them.

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