SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks 
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty 
Netflix Stock Slips After Earnings as Soft 2026 Guidance Overshadows Subscriber Milestone 
Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years 
Renault Group Global Sales Rise 3.2% in 2025 on Strong International and EV Demand 
Valentino Garavani Dies at 93, Leaving Behind the Timeless Legacy of Valentino Red 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer 
Trump Signs Executive Order to Limit Wall Street Investment in Single-Family Homes 
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand 
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut 
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 
Valero Makes First Venezuelan Crude Purchase Under New U.S.-Caracas Deal 
JPMorgan and Allen & Company Emerge as Big Winners in Warner Bros Discovery Bidding War 
Rio Tinto Posts Strong Q4 Iron Ore and Copper Output on Operational Recovery 
ATLANTA, May 01, 2017 -- 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 [email protected]
