UPS has made a significant addition to its leadership team with the appointment of Scott A. Price, who is to take over as the company’s Chief Transformation Officer.
The appointment represents a coup for UPS, having persuaded Price to leave his current post of currently Executive Vice President, Global Leverage for Walmart.
He will also join the UPS Management Committee, the company’s senior-most leadership group.
Price will report to UPS Chairman and Chief Executive Officer David Abney and will be based at the company’s global headquarters in Atlanta.
UPS said Chief Transformation Officer role is a newly created position and Price is charged with driving and facilitating organizational change that will help UPS to both identify and execute opportunities for profitable growth within its existing business units and in yet-untapped markets and product segments.
Early in 2017, the company announced plans for extensive upgrades to its Smart Global Logistics Network, enhancing capacity and efficiency through the use of state-of-the-art processes, information technology and automation.
Price will bring a wealth of corporate leadership experience in senior roles for Walmart, DHL Express International and The Coca-Cola Company, spanning his near 30-year professional career.
Price is credited with restructuring operations, driving significant acquisitions and leading expansive growth in past assignments. He brings broad international operations, transportation, logistics, procurement, I.T. and supply chain experience to his new role at UPS.
The company is establishing this role to accelerate its transformation by identifying strategies to prioritise resources and direct investment for the greatest strategic benefit and long-term shareholder return
“Scott has a proven track record of driving and facilitating organizational change at large complex multinational corporations where growth beyond the mature core business was imperative for the company to remain on a path to long-term success,” said Abney.
“His diverse career experience will be invaluable as he helps UPS leaders move quickly with the implementation of highly-concentrated growth projects as well as related transformation.”