December 17, 2000

United Parcel Service announced that Jovita Carranza, a 24-year veteran of UPS, has been promoted to UPS President for Latin America & the Caribbean (Americas). In this position, Carranza becomes the first female international region president in UPS history and the highest ranking Hispanic female in the company. She replaces Robert Elizondo, who retired recently after a 30-year career with UPS.

In her new role, Carranza will be responsible for all UPS operations in the Americas Region. The Americas is one of the fastest growing regions for UPS, which became the largest express and air cargo company in Latin America through its acquisition of Challenge Air Cargo.

"My primary goals as region head are to fully penetrate the Latin American market, maximize the investments the company is making in the region and expand the UPS brand name so we are recognized as a truly global company," Carranza said.

"Carranza will be a very strong leader for UPS in the Americas," said outgoing region president Robert Elizondo. "Her knowledge of the transportation industry, commitment to consensus-building and dedication to the company will ensure UPS continues to thrive in the region."

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