Form 8-K · Current Report · Filed 2024-05-06
UPS Announces Departure of Chief Financial Officer Brian Newman
United Parcel Service, Inc. (UPS) announced that Brian O. Newman, its Executive Vice President and Chief Financial Officer, will depart the company effective June 1, 2024. Newman's departure is due to personal health reasons. The company is initiating a search for his successor. Additionally, the Annual Meeting of Shareholders was held on May 2, 2020, where the election of directors, approval of named executive officer compensation, and ratification of the appointment of the independent registered public accounting firm were voted on. A press release announcing Newman's departure was furnished as Exhibit 99.1.
- Filer
- United Parcel Service, Inc. UPS · NYSE
- Filed
- Accession
- 0001090727-24-000031
- CIK
- 0001090727
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Submission of Matters to a Vote of Security Holders
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$146.43
Next session
+0.5%
Since filing
-28.8%
Latest close
$104.22
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from UPS reporting the same item, with the next session's move:
Exhibits (1)
About United Parcel Service, Inc.
United Parcel Service, Inc. is a global package delivery and supply chain management company. As one of the world's largest courier companies, it plays a crucial role in e-commerce and international trade by providing time-sensitive delivery services and efficient logistics solutions. UPS operates in various sectors, including retail, healthcare, and industrial manufacturing, offering services such as package delivery, freight transportation, and contract logistics. The company's extensive network spans over 220 countries and territories, facilitating the flow of goods and information across borders. With a focus on innovation, UPS integrates advanced technologies like tracking systems, GPS, and automated sorting facilities to enhance efficiency and customer satisfaction. Founded in 1907 and headquartered in Atlanta, Georgia, UPS is a pivotal player in the transport and logistics industry, supporting businesses and consumers with reliable and scalable delivery options.
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