UPS Announces CFO Appointment and Executive Changes
Ticker: UPS · Form: 8-K · Filed: 2025-06-02T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, cfo-appointment, debt-maturity, regulation-fd
Related Tickers: UPS
TL;DR
UPS just swapped out its CFO and made some other exec moves. Keep an eye on their next earnings.
AI Summary
United Parcel Service, Inc. (UPS) announced on June 2, 2025, changes in its executive team, including the appointment of a new Chief Financial Officer and other officer roles. The filing also disclosed information regarding compensatory arrangements for certain officers and provided updates on financial matters, including senior notes due in 2025, 2028, and 2032.
Why It Matters
Changes in key executive positions like the CFO can signal shifts in financial strategy or operational focus for a major logistics company like UPS.
Risk Assessment
Risk Level: medium — Executive changes, especially at the CFO level, can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- 2025 — Senior Notes Due (Maturity date for a series of UPS senior notes.)
- 2028 — Senior Notes Due (Maturity date for another series of UPS senior notes.)
- 2032 — Senior Notes Due (Maturity date for a further series of UPS senior notes.)
Key Players & Entities
- United Parcel Service, Inc. (company) — Registrant
- 55 Glenlake Parkway NE, Atlanta, GA 30328 (location) — Business and Mail Address
- June 2, 2025 (date) — Report Date
FAQ
Who has been appointed as the new Chief Financial Officer?
The filing indicates an appointment of a new Chief Financial Officer, but the specific name is not detailed in the provided text.
What other officer positions were affected by these changes?
The filing mentions the appointment of 'Certain Officers' and changes related to 'Departure of Directors or Certain Officers', but specific roles beyond CFO are not detailed in the provided text.
What is the significance of the senior notes due in 2025, 2028, and 2032?
These dates represent the maturity of different series of senior notes issued by UPS, indicating upcoming debt obligations.
What is the primary purpose of this 8-K filing?
This 8-K filing is primarily to report on the departure/election of directors or officers, appointment of certain officers, and compensatory arrangements, along with Regulation FD disclosures and financial statement information.
When was this filing submitted to the SEC?
The filing was submitted on June 2, 2025.
From the Filing
0001090727-25-000054.txt : 20250602 0001090727-25-000054.hdr.sgml : 20250602 20250602081947 ACCESSION NUMBER: 0001090727-25-000054 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250602 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250602 DATE AS OF CHANGE: 20250602 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED PARCEL SERVICE INC CENTRAL INDEX KEY: 0001090727 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING & COURIER SERVICES (NO AIR) [4210] ORGANIZATION NAME: 01 Energy & Transportation EIN: 582480149 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15451 FILM NUMBER: 251013195 BUSINESS ADDRESS: STREET 1: 55 GLENLAKE PARKWAY NE CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 4048286000 MAIL ADDRESS: STREET 1: 55 GLENLAKE PARKWAY NE CITY: ATLANTA STATE: GA ZIP: 30328 8-K 1 ups-20250602.htm 8-K - APPOINTMENT OF CERTAIN OFFICERS JUNE 2, 2025 ups-20250602 0001090727 false June 2, 2025 0001090727 2025-06-02 2025-06-02 0001090727 exch:XNYS 2025-06-02 2025-06-02 0001090727 exch:XNYS ups:SeniorNotes1625Due2025Member 2025-06-02 2025-06-02 0001090727 exch:XNYS ups:SeniorNotes1Due2028Member 2025-06-02 2025-06-02 0001090727 exch:XNYS ups:SeniorNotes1.500Due2032Member 2025-06-02 2025-06-02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 2, 2025 United Parcel Service, Inc. (Exact name of registrant as specified in its charter)   Delaware 001-15451 58-2480149 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)       55 Glenlake Parkway , N.E., Atlanta , Georgia                  30328 (Address of principal executive offices)                 (Zip Code) Registrant’s telephone number, including area code ( 404 ) 828-6000 Not Applicable (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class B common stock, par value $0.01 per share UPS New York Stock Exchange 1.625% Senior Notes Due 2025 UPS25 New York Stock Exchange 1% Senior Notes due 2028 UPS28 New York Stock Exchange 1.500% Senior Notes due 2032 UPS32 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company . ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying