UPS board names new Director
Rudy Markham, the recently retired chief financial officer of Unilever, today was named to the Board of Directors of UPS.
Markham, 61, will serve on the Board until the next UPS annual shareowners’ meeting in May 2008, at which time he is expected to stand for election to a regular one-year term. After his appointment, Markham was named to the Audit Committee during a regularly scheduled Board meeting here.
Markham recently retired after a 39-year career with Unilever. A native of Alresford, Hampshire, England, Markham joined Unilever in 1968 as a commercial management trainee. He spent most of his early career in the finance function of various Unilever companies in Europe before being appointed financial director of Unilever in Zurich.
Markham is a Fellow of both the Chartered Institute of Management Accountants and the Association of Corporate Treasurers in the UK
In other business, the Board declared a regular quarterly dividend of USD 0.42 per share on all outstanding Class A and Class B shares. The dividend is payable Jan. 3, 2008, to shareholders of record on Nov. 19, 2007. UPS has either increased or maintained its dividend every year for more than three decades.
