Enhanced Management Focus on Growth and Strategic Priorities UPS® (NYSE:UPS) Chief Executive Officer David Abney today announced changes to several of the company's senior leadership assignments to enhance management focus on the company's strategic growth and organizational effectiveness. Teresa Finley, Treasurer and Vice President, Corporate Finance, will be promoted to Senior Vice President, Global Marketing, and will join the UPS Management Committee, the company's senior-most leadership group. In addition to marketing, Finley also will be responsible for advanced analytics, UPS Capital and UPS intellectual property management. Finley's appointment is part of a broader initiative within UPS to intensify the company's focus on growth and commercial strategies by creating distinctive customer value. Finley will report to Alan Gershenhorn, UPS Chief Commercial Officer. "UPS has identified several growth opportunities that require additional focus throughout the organization," said Abney. "Our marketing strategies are central to our plan to profitably expand our presence in key global markets and industry segments. Teresa possesses diverse operations and corporate experience and she has the leadership character, global perspective and industry insights needed to help UPS attain its growth objectives." Also, John McDevitt, Senior Vice President of Human Resources and Labor Relations, has announced his plan to retire after 38 years of service. "John's leadership has been instrumental in guiding UPS human resources policies and personnel to improve our organization's effectiveness," Abney said. "His leadership has continued to foster a strong bond among all UPS people and helped UPS retain its position as a preferred employer." Teri McClure, currently Chief Legal, Communications and Compliance Officer, will lead Human Resources, Legal and Employee Communications staffs. Mitch Nichols, currently Senior Vice President of UPS Transportation and Engineering, will assume added responsibility for UPS Labor Relations. Kurt Kuehn, Chief Financial Officer, will add the Audit and Compliance staff functions to his existing responsibilities. In addition, Richard Peretz, Corporate Controller, will be promoted to take an expanded role in Finance and Accounting, reporting to Kuehn. Peretz will serve as Corporate Controller for all UPS business units, and accept a new role as Corporate Treasurer. Gershenhorn will assume responsibility for oversight of the UPS Public Affairs staff, led by Laura Lane, UPS President of Public Affairs. Also, Ed Buckley will be named President, Communications, and report to Gershenhorn. He will have responsibility for UPS Global Corporate Brand and Communications Management and digital and small customer strategies. Buckley brings a wealth of global marketing and communications expertise to the position having led the largest brand change in the company's 107-year history and having served as President of Marketing for the past four years. "These organizational changes will create a more aligned commercial organization that includes Strategic Planning, Communications, Marketing, Sales, Solutions and Public Affairs. These changes will enable more seamless development and execution of UPS's business strategies," said Abney. McDevitt joined UPS in 1976 as a package handler and was promoted into management in 1981. He progressed through operations positions of increasing responsibility and was district manager overseeing operations in both East and West Long Island, New York. McDevitt was chosen to develop and implement UPS's Corporate Compliance Program in 1996 and later that year he joined the Corporate Labor Relations Department. In 2000, McDevitt was named Air Operations Region Manager in Louisville and oversaw the completion of Worldport. He was named to the Management Committee as Strategic Integration Group Manager in 2003. He accepted responsibility for Transportation and Labor Relations in 2005. In 2012, he was named to his current assignment, Senior Vice President, Human Resources and Labor Relations. A 30-year veteran of the company, Finley joined UPS as an accounting supervisor. She has served in a variety of management roles in several U.S. regions and districts before joining Corporate Finance and Accounting in 1998. Finley has held leadership positions including Vice President Corporate Marketing, including responsibility for pricing, forecasting, planning and research. She also served as Corporate Investor Relations Officer, Vice President, CFO of the International and Forwarding business, and Corporate Controller. In her most recent position as Treasurer and Vice President, Corporate Finance, Finley had financial oversight of the U.S. Small Package, UPS Freight, UPS Airline, Global Logistics, Global Real Estate, and Business Intelligence & Analytics groups. Peretz joined UPS in 1981 in Texas as a customer service associate. He was promoted into management and held a series of accounting and financial positions of increasing responsibility, including an assignment as district controller to support UPS's expansion into Mexico and Latin America. Peretz was named International Chief Financial Officer in 2003, and was promoted to Corporate Finance Vice President in 2007, where he held responsibility for Finance and Treasury, Mergers & Acquisitions, Risk Management, and Procurement. He was named to his current assignment, Corporate Controller, in 2013.