Recent Updates — UPS
United Parcel Service announced executive leadership changes effective September 1, 2026. Kate Gutmann is retiring from her role as President of International, Healthcare and Supply Chain Solutions after nearly 37 years; she will serve as a strategic advisor until March 31, 2027. Wilfredo Ramos succeeds her in that position. Nando Cesarone transitions to Executive Vice President and Chief Global Operations Officer, receiving a $6.0 million retention award of restricted stock units vesting over three years. Bala Subramanian remains as Chief Digital and Technology Officer with a $3.0 million RSU retention award. Matt Guffey is appointed Chief U.S. Domestic Officer. The company also created a new role for Chief Global Commercial Strategy Officer, currently vacant. UPS operates in the global logistics and package delivery industry.
United Parcel Service entered into an underwriting agreement on August 14, 2026, to sell $325,105,000 aggregate principal amount of Floating Rate Senior Notes due 2076. The company intends to use the net proceeds from this transaction for general corporate purposes. This debt issuance represents a significant financing activity that may impact the company's capital structure and interest obligations. United Parcel Service operates in the logistics and package delivery industry, providing transportation, e-commerce, and business services globally.
United Parcel Service, Inc. entered into an underwriting agreement on August 10, 2026, to sell $1 billion principal amount of 4.850% Senior Notes due 2031. The company intends to contribute $200 million and $250 million of these notes to the UPS Retirement Plan Trust and the Master Trust, respectively, which fund employee pension plans. Net proceeds from the offering will be used for general corporate purposes. United Parcel Service operates in the logistics and package delivery industry.
United Parcel Service reported second-quarter 2026 consolidated revenues of $22.8 billion, a 7.6% increase year-over-year, driven by higher revenue per piece across all segments. GAAP diluted earnings per share were $0.71, while non-GAAP adjusted diluted EPS reached $1.76, reflecting $891 million in after-tax transformation charges primarily related to the Driver Choice Program. The company raised its full-year 2026 consolidated revenue outlook to approximately $91.2 billion and non-GAAP adjusted diluted EPS guidance to approximately $7.22. UPS operates in the global logistics and package delivery industry.
Eva Boratto resigned from the Board of Directors of United Parcel Service, Inc., effective June 13, 2026. Her departure is due to her appointment as Chief Financial Officer of Cencora, Inc. and the resulting time commitment. The company stated the resignation was not related to any disagreements regarding operations, policies, or practices. United Parcel Service, Inc. is a global logistics and package delivery company.