News / Brian Newman comes in as new UPS CFO as Richard Peretz retires

UPS is set to appoint Brian Newman as its chief financial officer (CFO) following news that Richard Peretz (pictured) has announced his retirement.

Mr Peretz, a lifer at UPS, having joined in 1981, has held a number of positions with the firm, and was responsible for its IPO in 1999.

He became CFO in 2003, vice president for corporate finance in 2007 and corporate controller in 2013, a role that was expanded to corporate treasurer in 2014.

Mr Abney thanked him, on behalf ...