UPS Appoints Mark Vale Growth And Emerging Markets

ATLANTA, May 01, 2017 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) has named Mark Vale President of Growth and Emerging Markets. Vale and his team will expand and enhance the company’s market reach and global capabilities to better serve customers doing business in emerging and developing markets around the world.

Vale succeeds Derek Woodward, who retired after 32 years of service to UPS.

“Mark brings the global insight, experience and leadership that will help lead UPS to its next phases of expansion. We continue to increase and enhance our international product and facility footprint, driven by cross-border and local market growth,” said Jim Barber, President of UPS International.

“The World Bank forecasts suggest emerging markets and developing economies are poised for accelerated growth of 4.2% in 2017, compared to global growth estimates of 2.9%,” Barber added. “Connecting customers to economic opportunities requires a network of logistics and supply chain experts. We look forward to Mark helping align UPS’s global capabilities to meet customers’ needs.”

Vale joined UPS in 1988 in London and has held various finance and accounting assignments in the UK, Spain, Italy, Germany, Belgium and the US.  He developed the company’s pan-European growth strategy and was the Corporate Controller and International Chief Financial Officer.

“I am looking forward to focusing on helping UPS customers connect to emerging markets throughout the world. This is where new trade corridors are being developed and fresh opportunities are opening,” Vale said. “I am extremely encouraged by the dynamism and passion I see at UPS to help customers and countries reach their potential in growth and emerging markets.”

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at  ups.com ® and its corporate blog can be found at  longitudes.ups.com . To get UPS news direct, visit  pressroom.ups.com/RSS or follow @UPS_News .

Maud Gaspard +971 4807 8745 mgaspard@ups.com