UPS: 1 board member joining, another leaving

Discussion in 'The Latest UPS Headlines' started by cheryl, Feb 11, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    UPS: 1 board member joining, another leaving - Forbes

    UPS Inc., the world's largest shipping carrier, said Wednesday its board has elected William R. Johnson, the chairman, president and chief executive of H.J. Heinz Co., as a new independent director.

    The company, also known as United Parcel Service, said Ben Verwaayen, a Dutch national and a UPS director since March 2005, won't stand for re-election when his term expires in May. Verwaayen was named the CEO of Paris-based Alcatel-Lucent last fall.