UPS picks former Home Depot exec as its next CEO - Atlanta Business Chronicle
Former Home Depot executive Carol Tomé will be the next CEO of UPS, making her one of the highest profile female chief executives in the country.
United Parcel Service Inc. said Thursday it named Tomé as the company's CEO effective June. She will replace David Abney, the current chairman and CEO, who will transition to executive chairman of the board until Sept. 30, when William Johnson, UPS Lead Independent Director, assumed the role of non-executive chairman. Abney will remain as a special consultant through the end of 2020.
Atlanta Business Chronicle reported Tuesday on Abney's expected retirement and speculation of Tomé as his successor.
Former Home Depot executive Carol Tomé will be the next CEO of UPS, making her one of the highest profile female chief executives in the country.
United Parcel Service Inc. said Thursday it named Tomé as the company's CEO effective June. She will replace David Abney, the current chairman and CEO, who will transition to executive chairman of the board until Sept. 30, when William Johnson, UPS Lead Independent Director, assumed the role of non-executive chairman. Abney will remain as a special consultant through the end of 2020.
Atlanta Business Chronicle reported Tuesday on Abney's expected retirement and speculation of Tomé as his successor.