UPS Appoints Scott Price Chief Transformation Officer

11/29/17

ATLANTA, Nov. 29, 2017 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced Scott A. Price will join the company as Chief Transformation Officer, effective December 11, 2017. He will also join the UPS Management Committee, the company’s senior-most leadership group. Price will report to UPS Chairman and Chief Executive Officer David Abney and will be based at the company’s global headquarters in Atlanta.

Price is currently Executive Vice President, Global Leverage for Walmart, based in Bentonville, AR. He has extensive corporate leadership experience in senior roles for Walmart, DHL Express International and The Coca-Cola Company, spanning his near 30-year professional career. He has deep international credentials and served in country marketing, country operations, regional senior operations and regional administrative management roles in both Asia and Europe for previous employers. Price is credited with restructuring operations, driving significant acquisitions and leading expansive growth in past assignments. He brings broad international operations, transportation, logistics, procurement, I.T. and supply chain experience to his new role at UPS.

The UPS Chief Transformation Officer role is a newly created position and Price is charged with driving and facilitating organizational change that will help UPS to both identify and execute opportunities for profitable growth within its existing business units and in yet-untapped markets and product segments. The company is establishing this role to accelerate its transformation by identifying strategies to prioritize resources and direct investment for the greatest strategic benefit and long-term shareholder return. Early in 2017, the company announced plans for extensive upgrades to its Smart Global Logistics Network, enhancing capacity and efficiency through the use of state-of-the-art processes, information technology and automation.

“Scott has a proven track record of driving and facilitating organizational change at large complex multinational corporations where growth beyond the mature core business was imperative for the company to remain on a path to long-term success,” said Abney. “His diverse career experience will be invaluable as he helps UPS leaders move quickly with the implementation of highly-concentrated growth projects as well as related transformation.”

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, follow @UPS_News on Twitter.

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