UPS recently announced the elevation of David Abney to the post of chief operating officer and the promotion of Alan Gershenhorn to replace Abney as president of UPS International.
Abney also assumes the role of president of UPS Airlines in replacing John Beystehner, who retired last week after 36 years of service. Gershenhorn is currently based in
"David and Alan honed their managerial skills with a broad range of assignments around the world. They have helped break new ground for our company and have successfully led us into new areas of growth and opportunity," said Mike Eskew, UPS's chairman and CEO. "They are extremely well prepared to help lead this company going forward."
Abney, 51, has served as the president of UPS International since 2002. A native of
Gershenhorn, 48, became the head of non-operating functions for UPS Supply Chain Solutions in 2004 and subsequently assumed responsibility for all supply chain operations in
With his promotion, Gershenhorn joins UPS's Management Committee. It is comprised of the corporation's 12 most senior executives and oversees UPS's day-to-day operations.
UPS, which celebrates its 100th anniversary in 2007, is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in
Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company's Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.