New CEO for UPS

UPS has named David Abney, currently the company’s chief operating officer, as its new chief executive officer. Scott Davis, who has served as the company’s chairman and CEO since 2008, will retire from UPS and will become non-executive chairman. Both moves are effective on 1 September. Abney (pictured below) is the 11th CEO in the 107-year history of the company and began his UPS career in 1974 as a part-time ... [+]

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