UPS (NYSE: UPS) has announced the appointment of Brian Dykes as its new Executive Vice President and Chief Financial Officer. Dykes, who has been with UPS for over 25 years, will be responsible for the company's financial strategies and will lead the global finance organization.
In 2023, UPS reported revenue of $91.0 billion and has approximately 500,000 employees. The company provides integrated logistics solutions for customers in more than 200 countries and territories.
Brian Dykes, 46, had previously served as Senior Vice President, Global Finance and Planning since April 2023. With his extensive experience in strategic leadership roles at UPS, the Board and CEO express confidence in his ability to lead the global finance function as the company executes its Better and Bolder strategy to drive shareholder value.
UPS remains committed to reducing its impact on the environment and supporting the communities it serves around the world. The company also emphasizes its unwavering support for diversity, equity, and inclusion. Following these announcements, the company's shares moved -0.9%, and are now trading at a price of $134.28. For the full picture, make sure to review United Parcel Service's 8-K report.
