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January 2009 - March Foundation board member passes torch in UPS career
March Foundation board member passes torch in UPS career

ATLANTA, Jan. 6, 2009 – Jim Winestock, a 40-year veteran of UPS
(NYSE:UPS) who for the past four years has overseen all package operations inthe United States, will retire in February. He will be succeeded as the senior vicepresident of U.S. operations by Myron Gray, currently the head of UPS’s regional operations in Canada and all of Latin America.

In his new position, the 51-year-old Gray will join UPS’s Management
Committee, comprised of the company’s 12 most senior executives.
Winestock leaves a tremendous legacy of leadership and service
excellence to our company,” said UPS Chairman and CEO Scott Davis. “Under
his leadership, UPS has completed the deployment of technologies that
improved both customer service and internal operations, to the point that UPS
has attained the highest levels of customer service in the industry.

Winestock also has been instrumental in preparing Myron for his new
assignment,” Davis continued. “Myron has decades of experience in the
package operation, but also has worked in industrial engineering and business
development in addition to his international experience heading the Americas
Region. It is a testament to the strength and depth of our management team that
we have such high-caliber managers who can step up.”

Gray joined UPS in 1978 as a part-time package handler in the
Tennessee District while attending the University of Memphis. He subsequently
earned a degree in business administration and also has completed advanced
management programs at INSEAD in Fontainebleau, France, and the Yale
School of Business.

In 1984, Gray became a package delivery driver and then was promoted
to operations supervisor. He was promoted in 1989 to a package division
manager in delivery operations and from 1989 to 1995, rotated through a variety
of assignments in Tennessee and California. In 1995, he was promoted to vice
president and COO of the Southeast Texas District and three years later,
assumed command of UPS’s Rocky Mountain District.

In 2001, Gray moved to Atlanta to take on a special corporate assignment
and in 2002, was promoted to president of the Southwest Region. He took over
the North Central Region in 2004, then assumed command of UPS’s Americas
Region in January 2008.

For the past 17 years, he has been an active participant in the Black
Executive Exchange Program sponsored by the National Urban League. He is a
member of the Dillard University Board of Trustees; the Miami-Dade United Way
Board of Trustees, and serves as a director of CLADEC (Central and Latin
American Express Delivery Conference).

Winestock, 57, also grew up in the UPS package operation and has
experience in finance and accounting, human resources and industrial
engineering. He served as the vice president and COO of two Districts and as
president of two Regions before being named the head of all U.S. operations.
Winestock joined UPS in 1969 as a part-time package loader in northern
Florida while in college. After graduating from Massey College in Jacksonville,
he was promoted into management and worked in a broad range of jobs of
increasing responsibility across Florida and Georgia. In 1992, he was promoted
to vice president and COO of the Northeast Texas District, then in 1996 assumed
responsibility for the Missouri District. He was promoted again in 1998 to
president of the Midwest Region, then assumed command of the North Central
Region in 2000. He was named to his current post in 2004.

Winestock also has worked as coordinator of UPS’s Corporate Schools
and is a graduate of the UPS Community Internship Program and the Advanced
Management Program at the Wharton School of Business. A native of
Greenville, S.C., Winestock sits on the Board of Directors of the National Urban
League and also is a trustee of the MARCH Foundation.

UPS (NYSE: UPS) is the world’s largest package delivery company and a
global leader in supply chain and freight services. With more than a century of
experience in transportation and logistics, UPS is a leading global trade expert
equipped with a broad portfolio of solutions. Headquartered in Atlanta, Ga., UPS
serves more than 200 countries and territories worldwide. The company can be
found on the Web at UPS.com. To get UPS news direct, visit
pressroom.ups.com/RSS.