UPS Board appoints Carol Tomé as CEO
The UPS board of directors has named Carol Tomé as UPS CEO from 1 June 2020. David Abney, the current chairman and CEO, will remain in his role until 1 June, when he'll become executive chairman of the board. He'll retire from the UPS board on 30 September.
In order to ensure a smooth transition and successful peak season, Abney will remain as a special consultant to the end of 2020 and then retire after 46 years of service. On 30 September William Johnson, UPS lead independent director, will assume the role of non-executive chairman.
“After a rigorous selection process involving both internal and external candidates, Tomé was the clear choice,” said Johnson, who also serves as chair of the UPS nominating and corporate governance committee and is a member of the executive committee. (mw)