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UPS has announced that Carol Tomé (pictured above) will succeed David Abney as the company’s new chief executive.

Mr Abney, currently both chief executive and chairman, will relinquish the former position on 1 June and retire from the company altogether on 30 September.

However, it added that, “in order to ensure a smooth transition and successful peak season, Mr Abney will remain as a special consultant through [to] the end of 2020”.

William Johnson (pictured below), currently UPS lead independent director, will become ...

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