Scott Davis

Scott Davis

In this March 19, 2012 file photo Scott Davis, CEO of UPS, elaborates on the planned merger between UPS and TNT Express during a press conference in Amsterdam. (AP Photo/Peter Dejong, File)

FILE – In this March 19, 2012 file photo Scott Davis, CEO of UPS, elaborates on the planned merger between UPS and TNT Express during a press conference in Amsterdam. The UPS Board of Directors on Friday, June 6, 2014 announced that it has named CEO David Abney, as its new Chief Executive Officer and appointed him to the Board of Directors. Scott Davis, 62, who has served as the company’s Chairman of the Board and CEO since 2008, will retire from UPS and will assume the role of non-executive Chairman. Both moves are effective September 1, 2014. (AP Photo/Peter Dejong, File)

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