Eva Boratto leaves UPS (NYSE: UPS) board to become Cencora CFO
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
United Parcel Service, Inc. reported that director Eva Boratto resigned from its Board of Directors effective June 13, 2026. She is leaving to take on the role of Chief Financial Officer of Cencora, Inc. The company states that her resignation was not due to any disagreement regarding UPS’s operations, policies, or practices and thanks her for her service.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation effective date: June 13, 2026
1 metrics
Resignation effective date
June 13, 2026
Board resignation of director Eva Boratto
Key Terms
Board of Directors, Chief Financial Officer, Emerging growth company, Senior Notes
4 terms
Board of Directors financial
"Eva Boratto, a member of the Board of Directors (the “Board”) of United Parcel Service, Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Chief Financial Officer financial
"in connection with her appointment to the position of Chief Financial Officer of Cencora, Inc."
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Emerging growth company regulatory
"Emerging growth company."
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Senior Notes financial
"1% Senior Notes due 2028 | UPS28 | New York Stock Exchange 1.500% Senior Notes due 2032"
Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 13, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (404 ) 828-6000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company. ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 13, 2026, Eva Boratto, a member of the Board of Directors (the “Board”) of United Parcel Service, Inc. (the “Company”) advised the Company that she was resigning from the Board, effective immediately. Ms. Boratto’s decision was made in connection with her appointment to the position of Chief Financial Officer of Cencora, Inc. and her need to devote additional time to her professional responsibilities at that company. Her decision was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company thanks her for her dedicated service.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITED PARCEL SERVICE, INC. | |||||||||||||||||||||||
| Date: | June 15, 2026 | By: | /s/ NORMAN M. BROTHERS, JR. | ||||||||||||||||||||
| Name: Norman M. Brothers, Jr. | |||||||||||||||||||||||
| Title: Executive Vice President, Chief Legal and Compliance Officer | |||||||||||||||||||||||
FAQ
Why did UPS (UPS) director Eva Boratto resign from the board?
Eva Boratto resigned from the UPS board to focus on her new role as Chief Financial Officer of Cencora, Inc. The filing explains she needs additional time for those professional responsibilities.
When did Eva Boratto’s resignation from the UPS (UPS) board become effective?
Her resignation became effective on June 13, 2026. That date is identified as the effective date of her departure from the United Parcel Service, Inc. Board of Directors in the report.
Did Eva Boratto resign from the UPS (UPS) board because of disagreements?
No, the company states her decision was not due to any disagreement with UPS regarding its operations, policies, or practices. The reason given is her need to devote more time to her Cencora CFO role.
What new position is former UPS (UPS) director Eva Boratto taking?
She has been appointed Chief Financial Officer of Cencora, Inc. The filing links her resignation from the UPS board directly to her acceptance of this new executive role at Cencora.
How did UPS (UPS) characterize Eva Boratto’s service on its board?
UPS thanked Eva Boratto for her dedicated service on its Board of Directors. This acknowledgment appears in the same report that announces her resignation and notes her transition to Cencora.