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UPS announced that Brian Newman, executive vp and chief monetary officer, will proceed away the firm on June 1 and this might maybe maybe maybe grab into consideration internal and exterior CFO candidates to identify Newman’s successor.

“On behalf of the firm and the total Board of Directors, I thank Brian for his foremost contributions to UPS,” mentioned Carol Tomé, UPS chief executive officer. Brian has been an infinite associate, having guided the firm thru unprecedented financial stipulations. He is leaving us correctly-positioned for future growth as we enact our 1+2 approach and continue to keep on with it our aim. We divulge our tubby-Twelve months steering as beforehand shared within the closing earnings name.”


“I am honoured to receive served as CFO of this kind of storied firm with so many huge leaders all over the enviornment,” mentioned Newman. “I am assured within the firm’s continued success and growth trajectory. My shut to-time interval priority is to focal level on my health.”

UPS  is with out doubt one of the foremost enviornment’s greatest companies, with 2023 income of US $91.0 billion, and affords an infinite differ of constructed-in logistics solutions for patrons in better than 200 nations and territories.