Report by Paragon Intel
John Dietrich is an unconventional pick for CFO because he has never overseen a finance function before, but his pre-existing relationships with the FDX team, general industry knowledge and overall strong execution inspired them to bring him into the C-suite. He is charismatic, humble and approachable, and creates loyalty among those on his team. Dietrich will capably guide the ship through choppy waters as FDX struggles against a shift from a goods economy to a service economy and a post-pandemic e-commerce reset. His primary focus will be on efficiency / cost-cutting and he will lean heavily on his prior experience negotiating with the pilots’ union to extract a favourable deal.