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UPS Replaces Its CEO

TheMotleyFool

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United Parcel Service (NYSE: UPS) has a new leader. The company announced on Friday that it named Carol Tome as CEO, replacing the current occupant of that office, David Abney. The change is effective June 1.

Tome is a member of the logistics-giant's board of directors and no stranger to the functioning of large companies that are also top stocks in the market. Previously, she was CFO and executive vice president of Home Depot, holding the former post for 18 years. She's been a UPS board member since 2003.

Image source: UPS

Source Fool.com

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