UPS Inc. today announced a series of high-level changes that increases the influence of two executives, triggers the retirement of another, and adds responsibilities to the job descriptions of several more.
Teresa Finley, who had been treasurer and vice president, corporate finance, was promoted to senior vice president, global marketing, for the Atlanta-based transportation and logistics giant. Finley will also join UPS' 10-person management committee, the company's senior-most leadership group and the body largely responsible for developing its global strategy.
Finley will also oversee UPS' advanced analytics operations; UPS Capital, the company's finance arm; and UPS intellectual property management. She will report to Alan Gershenhorn, UPS' chief commercial officer.
John McDevitt, senior vice president of human resources and labor relations, announced his plan to retire after 38 years with the company, UPS said. Teri McClure, currently UPS' chief legal, communications, and compliance officer, will take over McDevitt's human resources role as well as manage the company's legal and employee communications staffs. Mitch Nichols, who was recently promoted to senior vice president of UPS Transportation and Engineering, will take over the labor relations role.
UPS CFO Kurt Kuehn will add the audit and compliance staff functions to his existing responsibilities. In addition, Richard Peretz, corporate controller, will be promoted to corporate controller for all UPS business units. Peretz was also named corporate treasurer, reporting to Kuehn.
Gershenhorn, who was also recently promoted to his current role, will now also be overseeing UPS' public affairs staff.* In addition, Ed Buckley, was named president, communications, with oversight of the company's global corporate brand, communications management, and digital and small customer strategies. He will report to Gershenhorn.
The moves mark the second major personnel realignment at UPS since David Abney was selected in June to become the company's 11th CEO in its 107-year history. The earlier realignment, however, took place in June while Scott Davis, Abney's predecessor, was still in charge. Today's announcement was the first since Abney officially took over the CEO job on Sept. 1.
Editor's note: This articles was modified on Dec. 3, 2014. An earlier version of the article incorrectly said that Alan Gershenhorn had become the head of UPS' public affairs staff. He will only be overseeing them.
