Tuesday, United Parcel Service Inc. (UPS) announced the retirement of Jim Winestock as senior vice president of U.S. operations. Winestock has overseen all package operations in the United States for the past four years. The noted that Myron Gray will succeed Winestock as the senior vice president of U.S. operations. Currently Gray is the head of UPS's regional operations in Canada and all of Latin America.
In his new position Gray will join UPS's Management Committee, comprised of the company's 12 most senior executives.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.