UPS CEO Carol Tomé aced the crucial holiday delivery test — but an even bigger challenge is coming her way - MSN
Tomé's January call is arguably the most important of the year, as it includes performance during the holiday shipping season. The CEO's first peak season in 2020 was an anomaly for pandemic-related reasons. So 2021 was her chance to prove the impact of her strategy, including only taking packages with sufficient profit margins and focusing the company's many technology projects.
- UPS reported record profitability in the fourth quarter of 2021 on Tuesday.
- The results validate CEO Carol Tomé's "better, not bigger" strategy.
- Upcoming negotiations with the drivers' union could disrupt the CEO's success.
Tomé's January call is arguably the most important of the year, as it includes performance during the holiday shipping season. The CEO's first peak season in 2020 was an anomaly for pandemic-related reasons. So 2021 was her chance to prove the impact of her strategy, including only taking packages with sufficient profit margins and focusing the company's many technology projects.