United Parcel Service, Inc. (NYSE:UPS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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United Parcel Service, Inc. (NYSE:UPS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 8, 2017, the Board of Directors (the Board) of United Parcel Service, Inc. (UPS), upon recommendation of the Boards Nominating and Corporate Governance Committee, increased the size of the Board to twelve members and elected Franck J. Moison to the Board. The Board also appointed Mr. Moison to the Nominating and Corporate Governance Committee of the Board.
Mr. Moison will receive compensation as a non-employee director in accordance with UPSs director compensation practices described in its 2016 Proxy Statement, filed with the Securities and Exchange Commission on March 14, 2016. Other than this standard compensation arrangement, there are no arrangements or understandings between Mr. Moison and any other person to which Mr. Moison was selected as a director.
Mr. Moison is not a party to any transaction with UPS that would require disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
The press release issued on February 8, 2017 announcing Mr. Moisons election to the Board is included as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.>
(d) Exhibits
99.1
Press release issued February 8, 2017
The information in Items 7.01 and 9.01, including Exhibit 99.1, is furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of UPS under the Securities Act of 1933, as amended, regardless of any general incorporation language in those filings.

About United Parcel Service, Inc. (NYSE:UPS)

United Parcel Service, Inc. (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The Company offers a spectrum of the United States domestic guaranteed ground and air package transportation services. The Company’s International Package segment includes the small package operations in Europe, Asia, Canada and Latin America, the Indian sub-continent, the Middle East and Africa. UPS offers a selection of guaranteed day and time-definite international shipping services. The Supply Chain & Freight segment consists of the Company’s forwarding and logistics services, truckload freight brokerage, UPS Freight and its financial offerings through UPS Capital. UPS offers a portfolio of guaranteed and non-guaranteed global air freight services.

United Parcel Service, Inc. (NYSE:UPS) Recent Trading Information

United Parcel Service, Inc. (NYSE:UPS) closed its last trading session up +0.47 at 106.16 with 3,589,511 shares trading hands.