United Parcel Service, Inc.
Board Member Departure if Confirmed as Federal Reserve Chairman
Summary
On January 30, 2026, President Donald J. Trump announced his intent to nominate Kevin M. Warsh, a member of the Board of Directors of United Parcel Service, Inc. (UPS), to serve as Chairman of the Board of Governors of the United States Federal Reserve System. If confirmed by the United States Senate, Mr. Warsh informed the Company on February 2, 2026, that he would resign from the UPS Board. This decision is not due to any disagreement with the Company.
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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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