UPS Appoints John Morikis to Board of Directors
In a move aimed at bolstering its leadership team, UPS (NYSE: UPS) has announced the appointment of John Morikis to its Board of Directors, effective immediately. This development was reported by Yahoo Finance, a leading provider of financial news and analysis.
According to the report, Morikis brings a wealth of experience to the role, having served as the retired Chairman, President and CEO of the Sherwin-Williams Company, a global leader in the manufacture, development, distribution and sale of paint, coatings and related products. As stated in the Yahoo Finance article, Morikis currently serves on the Board of Directors of General Mills, Inc., and Whirlpool Corporation, and recently retired as the Executive Chairman and as a member of the Board at Sherwin-Williams.
In response to Morikis’ appointment, William Johnson, Chairman of the UPS Board of Directors, was quoted in the Yahoo Finance report as saying, "John’s extensive experience leading a highly complex, multinational organization, coupled with decades of public company Board experience will bring valuable perspective to our team. We’re excited to have John join us and look forward to his contributions." This statement highlights the company’s enthusiasm for Morikis’ expertise and the potential impact he can have on the organisation.
Morikis’ career spans over four decades, during which he advanced through key leadership roles at Sherwin-Williams, including Division President and Group President. He later served as President and Chief Operating Officer before being appointed Chief Executive Officer. As CEO, Morikis spearheaded a company-wide overhaul to differentiate Sherwin-Williams by emphasizing world class talent, breakthrough innovation, customer-driven solutions, and a focus on value-added products and services, as reported by Yahoo Finance.
The appointment of Morikis has been welcomed by Carol Tomé, UPS Chief Executive Officer, who stated, "John has a proven ability to anticipate industry shifts and will bring deep expertise in global operations, supply chain optimization, acquisition integration and business transformation to the UPS Board. We’re thrilled to welcome John to the UPS Board." This statement underscores the company’s confidence in Morikis’ ability to drive growth and innovation.
Morikis will join the board’s Audit Committee, bringing his expertise in financial management and oversight to the team. With his extensive experience in leading complex organisations and driving business transformation, Morikis is well-positioned to make a meaningful contribution to the UPS Board.
About UPS
UPS (NYSE: UPS) is one of the world’s largest companies, with 2024 revenue of $91.1 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, "Moving our world forward by delivering what matters," the company’s approximately 490,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities it serves around the world. More information can be found at ups.com, about.ups.com and investors.ups.com.
The news of Morikis’ appointment was published on the Business Wire website, with the original source version available at https://www.businesswire.com/news/home/20250602399683/en/.