Global Plant Services (UPS) Announces Leadership Changes & New Appointments
Here’s a summary of the key data from the provided text:
Executive Leadership Changes:
Paul Stouffer has been promoted to Senior Vice President of Operations.
Shawn Higgins has been promoted to National Director of Shop services.
Reagan Busbee is retiring as CEO after 15 years. He will remain on the Board of Directors.
Paul Stouffer is now President and Chief Operating Officer.
New Key Leaders:
Troy Michaud – Chief Commercial Officer (experience from General Electric, FuelCell Energy, and allied power Group)
John Griffin – vice President of Corporate Development (experience in finance and M&A from Mizuho and Merrill Lynch, and industrial platforms)
Shaun Higgins – National Director of Shop Services (experience from Mitsubishi Heavy Industries)
Key Takeaways:
UPS is undergoing a leadership transition with the retirement of its long-time CEO, reagan Busbee.
The company is investing in its leadership team and operational excellence, supported by its ownership by New State Capital Partners.
A thorough transition plan has been implemented to ensure continued growth and strength.