UPS announced that Brian Newman, executive vice president and chief financial officer, will leave the firm on June 1 and this can also evaluation inner and exterior CFO candidates to identify Newman’s successor.
“On behalf of the firm and the entire Board of Directors, I thank Brian for his fundamental contributions to UPS,” said Carol Tomé, UPS chief executive officer. Brian has been a large accomplice, having guided the firm thru unprecedented economic stipulations. He is leaving us properly-positioned for future state as we attain our 1+2 strategy and continue to bring on our reason. We ascertain our elephantine-three hundred and sixty five days guidance as beforehand shared in the final earnings name.”
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“I’m honoured to have served as CFO of the kind of storied firm with so many large leaders across the sector,” said Newman. “I’m confident in the firm’s endured success and state trajectory. My come-term priority is to home my health.”
UPS is among the sector’s greatest corporations, with 2023 income of US $91.0 billion, and provides a large differ of integrated logistics solutions for purchasers in extra than 200 international locations and territories.
