ATLANTA—The board of directors for UPS announced that Mike Eskew, chairman and CEO, will retire at the end of the year. Scott Davis, the company’s current vice chairman and chief financial officer, will become CEO.
Davis had been CEO of technology company II Morrow when it was acquired by UPS in 1986. He joined the UPS Management Committee in 2001 and was named vice chairman in 2006.
Davis also serves as deputy chairman of the board of the Federal Reserve Bank of Atlanta and sits on the board of Honeywell International Inc. He is chairman of the Georgia Council on Economic Education.
Replacing Davis as CFO of UPS is Kurt Kuehn, currently senior vice president of global sales and marketing. Replacing Kuehn will be Alan Gershenhorn, currently president of UPS International. Dan Brutto, currently the president of global freight forwarding for UPS, is being promoted to the position of president of UPS International.