UPS Announces Executive Leadership Changes Including Retirement of Kate Gutmann

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(UPS) announced significant changes in its executive leadership. Kate Gutmann, Executive Vice President and President, International, Healthcare and Supply Chain Solutions, will retire effective September 1, 2026, and will remain in a transitional role until March 31, 2027. Wilfredo Ramos has been appointed to succeed Gutmann as Executive Vice President and Chief International, Healthcare and Supply Chain Solutions Officer. Additionally, Nando Cesarone and Bala Subramanian have entered into retention agreements, with Cesarone receiving a restricted stock unit (RSU) award valued at $6.0 million and Subramanian receiving an RSU award valued at $3.0 million. The awards will vest over three years, subject to continued employment.

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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.