UPS Appoints Brian Dykes as Executive Vice President and Chief Financial Officer

UPS Appoints Brian Dykes as New Executive Vice President and Chief Financial Officer

ATLANTA, 9 July 2024 – In a significant move that underscores its commitment to financial excellence and strategic growth, UPS (NYSE: UPS) has announced the appointment of Brian Dykes as the new Executive Vice President and Chief Financial Officer. Dykes, a seasoned veteran with over 25 years of service at UPS, steps into his new role effective immediately, bringing a wealth of experience and a proven track record of financial and strategic leadership to the table.

As the newly appointed CFO, Dykes will be at the helm of UPS’s financial strategies, steering the global finance organization which encompasses planning, treasury, tax, financial reporting, financial operations, and investor relations. His appointment comes at a time when UPS is keen on bolstering its financial health and driving shareholder value through its Better and Bolder strategy.

Brian Dykes, 46, has carved a niche for himself within UPS, having most recently served as Senior Vice President, Global Finance and Planning since April 2023. His journey with UPS has been marked by a series of progressively responsible roles spanning finance and accounting, corporate treasury, mergers and acquisitions, business intelligence, and business development, both in the U.S. and on international fronts.

Commenting on the appointment, UPS Chief Executive Officer Carol B. Tomé expressed her enthusiasm, stating, “I am delighted to appoint Brian as our next CFO.” She further added, “Brian’s experience makes him uniquely qualified. The Board and I are confident that Brian’s financial and business acumen, honed in a variety of strategic leadership roles at UPS during his career, make him the best person to lead our global finance function as we execute on our Better and Bolder strategy to drive shareowner value.”

UPS, a global logistics powerhouse with a 2023 revenue of $91.0 billion, continues to lead the way in providing integrated logistics solutions to customers across more than 200 countries and territories. With a workforce of approximately 500,000 employees, UPS remains committed to its purpose statement, ‘Moving our world forward by delivering what matters’. The company’s focus on customer-first, people-led, and innovation-driven strategies has been instrumental in its success. Additionally, UPS is dedicated to reducing its environmental impact and supporting the communities it serves, while also championing diversity, equity, and inclusion.

Brian Dykes’s appointment as CFO is a testament to UPS’s commitment to financial stewardship and strategic growth. Under his leadership, UPS is poised to navigate the complexities of the global logistics market, driving innovation and delivering value to shareholders and customers alike.

For more information about UPS and its services, please visit ups.com, about.ups.com, and investors.ups.com.

Contact:
UPS Media Relations: pr@ups.com
UPS Investor Relations: investor@ups.com