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What’s the story: UPS is demonstrating commitment to equity and inclusion by supporting economic growth for women, including more than $3 million in funding last year for women-centered programs and sponsorships. From campaigns that uplift women-owned businesses to investment in community partnerships and increased representation in company management, UPS is focused on driving greater gender equity.

Why it matters: “UPS is proud to take steps that empower women in the global economy,” said Juan Perez, chief information and engineering officer and executive sponsor of UPS’s Women’s Leadership Development Business Resource Group. “Women are a powerful source of innovation inside the company and are a strong source of job creation and economic growth around the world.”

UPS announced today that Juan Perez, Executive Vice President and Chief Information and Engineering Officer is retiring after a distinguished career. Scott Price, Executive Vice President International, also is retiring from the company; both are effective March 31, 2022.

“Juan Perez has had a distinguished 32-year career at UPS. His list of accomplishments is long and includes the creation of our Advanced Technology Group, the launch of our smart package initiative, and the deployment of network planning tools that continue to be critical to our success. He also strengthened information security and led the successful digital transformation and modernization of IT at UPS. Scott’s tenure has also been impressive, leading first our transformation office, and more recently the growth and expansion of our international operations. We wish both Juan and Scott all the best in their next chapter,” said Carol B. Tomé, UPS chief executive officer.

“Given these retirements, we have an opportunity to streamline roles and responsibilities to optimize our organizational effectiveness, more fully leverage the talent of our senior leaders and unlock greater value for our customers and our shareowners. As a result, today we are announcing the following organizational realignment, including integrating Global Sales and Solutions into the U.S. and International business units,” said Tomé.