Monday, October 15, 2007

UPS Chief Eskew to Retire; Davis Named as Successor

United Parcel Service Inc., the world's largest package shipping company, said Michael Eskew will retire as chief executive officer and be replaced by Chief Financial Officer Scott Davis.

Eskew, 58, will step down at the end of this year, capping a UPS career that began in 1972 and included about $2 billion in acquisitions since he became CEO in January 2002. Davis, 55, has been CFO at Atlanta-based UPS since 2001. Full Story Here....

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