PepsiCo Executive to Become UPS Finance Chief
#1
Gets Weekends Off
Thread Starter
Joined APC: Feb 2013
Posts: 1,339
PepsiCo Executive to Become UPS Finance Chief
Years later we’re still recovering from the Davis Doctrine of mis-management. Let’s hope this new era of hiring top management ‘outsiders’ won’t turn into a Davis2.0 nightmare.
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PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
_______
PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
#2
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,683
Years later we’re still recovering from the Davis Doctrine of mis-management. Let’s hope this new era of hiring top management ‘outsiders’ won’t turn into a Davis2.0 nightmare.
_______
PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
_______
PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
#4
Banned
Joined APC: Jun 2014
Posts: 311
Years later we’re still recovering from the Davis Doctrine of mis-management. Let’s hope this new era of hiring top management ‘outsiders’ won’t turn into a Davis2.0 nightmare.
_______
PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
_______
PepsiCo Executive to Become UPS Finance Chief
United Parcel Service named company outsider Brian Newman as finance chief, a move that comes as the shipping giant looks to benefit from the fallout between delivery competitor FedEx and Amazon.
UPS's stock is down 3.84% since the start of the month.
"I am very pleased to welcome Brian to UPS's senior management. He will contribute to our drive for improved growth and operating performance, and he will support our strategies focused on the long term success of the company," said David Abney, chairman and chief executive of UPS.
...
https://www.morningstar.com/news/dow...-finance-chief
#5
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
In my opinion, UPS's time honored policy of promoting from within, has been a failure. Sort of like marrying ones sister, for generations. The injection of fresh blood and fresh marketing ideas can only pay dividends in the long run. Good luck to Brian Newman in his new position. As a further benefit, I hear that there'll be Pepsi vending machines, offering free soda, at all stations throughout the organization. Seriously, Good luck to Mr. Newman.
JJ
JJ
#6
The injection of a new blood back in 08 of Davis is what ups is paying for today. He was responsible for 2013 peak debacle and the company contracting severely. The furlough and the lack of manning and airframe and smearing ups brand name happened all under his watch. He was the only outsider that was promoted into that position and see where we're as result. I just hope their outsider this time is different than last.
#7
PepsiCo Executive to Become UPS Finance Chief
Pepsi C-level guy in CokeTown...interesting.
I’m worried less about an external CFO than any beancounter (let alone outsider) CEO. Abney was an operations guy, and it seems to be showing...
I’m worried less about an external CFO than any beancounter (let alone outsider) CEO. Abney was an operations guy, and it seems to be showing...
#8
Gets Weekends Off
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Joined APC: Feb 2013
Posts: 1,339
PS. The vending machines rumor would make sense. It’d offer them huge savings in the pension costs. Post-retirement longevity would drop even further.
#9
Gets Weekends Off
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Joined APC: Feb 2013
Posts: 1,339
#10
Gets Weekends Off
Thread Starter
Joined APC: Feb 2013
Posts: 1,339
The injection of a new blood back in 08 of Davis is what ups is paying for today. He was responsible for 2013 peak debacle and the company contracting severely. The furlough and the lack of manning and airframe and smearing ups brand name happened all under his watch. He was the only outsider that was promoted into that position and see where we're as result. I just hope their outsider this time is different than last.
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