July 24, 2012
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, March 09, 2007
The Board of Directors of UPS (NYSE:UPS) today announced that Gary L. Crittenden, who will become the chief financial officer of Citigroup on March 12, has withdrawn his name for election to the UPS Board.
On Feb. 14, the UPS Board announced it had nominated Crittenden to stand for election as a new director at the company's annual shareowners meeting in May. At that time, Crittenden was the chief financial officer of the American Express Co. He subsequently agreed to become CFO of Citigroup and under Citigroup policy, senior executives may only serve on one outside board.
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