UPS names Abney as new CEO, effective in September

Transportation and logistics bellwether UPS announced a change at the top today, with Chief Operating Officer David Abney named as the company’s new CEO and member of the company’s Board of Directors.

By ·

Transportation and logistics bellwether UPS announced a change at the top today, with Chief Operating Officer David Abney named as the company’s new CEO and member of the company’s Board of Directors.

The Atlanta-based company said that current Chairman of the Board and CEO Scott Davis will retire from UP and assume the role of non-executive Chairman, with both moves taking effect on September 1. 

When he officially becomes CEO, Abney will be the 11th CEO in the company’s history. He started out at UPS in 1974 as a part-time package loader and various operational positions, according to company officials.

In his position as chief operating officer, he oversaw UPS logistics, sustainability, and engineering, leading the company’s significant investment in alternative fuel fleets, and implementing programs to expand the company’s total freight volume, where directed the UPS transportation network serving more than 200 countries and territories.

“David possesses tremendous depth of understanding of the rapidly evolving transportation and logistics markets,” said Davis in a statement.  “His capability to anticipate global trends, identify risks and guide the company and our clients to capitalize on opportunities has proven invaluable.  We have navigated through challenging economic recovery periods during my tenure as CEO. I have appreciated his dedication to UPS and support to me and I am confident that David will provide the decisive leadership needed to move UPS to greater accomplishments in the future.”

Davis joined UPS in 1986, when UPS acquired the technology company II Morrow, where he was served as CEO. During his nearly 30-year tenure at UPS, he served in positions of increasing responsibility in finance and accounting before assuming the role of CFO and joining the UPS Management Committee in 2001. And in 2006, he was named vice chairman and was elected to the UPS Board of Directors that same year. He became CEO and Chairman of the Board on January 1, 2008.

Some of the notable achievements for UPS under Davis’s watch include:
-significant improvements in its logistics network as the company has expanded its reach and capabilities through Europe, Asia, and the Americas;
-rapid growth in international operations and supply chain and freight;
-leading strategic initiatives to expand the company’s U.S. and European air hubs, the opening of the Intra-Asian air hub in Shenzhen, and transformation of the company’s U.S. small package organization, the largest operating unit of the company; and
-serving on the President’s Export Council


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Making E-Commerce Logistics Work
Special Digital Issue: Eight feature stories that neatly encapsulate the new technology and processes that are revolutionizing logistics and supply chain operations.
Download Today!
From the February 2017 Issue
As the new administration sends waves of uncertainly through the global trade community, this could be the best time ever for shippers to build an investment case for GTM. Here are five trends you need to watch if you’re about to put these savvy systems to work
Carrier Consolidation Keeps Shippers Guessing
Getting Value from the Cloud
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Advance your career with the fastest growing logistics certification – APICS CLTD
During this webcast presenters will give an overview of APICS and the new Certified in Logistics, Transportation and Distribution (CLTD) designation. Learn how the CLTD program can help you stay on top of current trends and advance your career.
Register Today!
EDITORS' PICKS
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...

Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...