UPS has appointed David Abney as CEO. He replaces Scott Davis, who will retire later this year.

Currently chief operating officer, Abney will take up his new position on 1 September. He started his career at UPS in 1974 as a part-time package loader and has since held numerous positions with the firm, including president of UPS international.

Davis will retire from his current role as chairman and CEO after seven years. He will remain as a non-executive chairman of the business.

UPS David Abney

UPS director Duane Ackerman said: “As the chairman and CEO for the past nearly seven years, Scott Davis has skilfully guided UPS through one of the most turbulent global economic periods in history while executing growth strategies in emerging markets and specialised business segments.

“We congratulate Scott and look forward to his continued leadership and insights as chairman of the board of directors.”

UPS has not yet named a replacement for the chief operating officer role.