Barnes to Succeed Lacy in Directing UPS Technology.

ATLANTA -- UPS (NYSE:UPS) today announced the upcoming retirement of its chief information officer and senior vice president, Ken Lacy, and the appointment of Dave Barnes to succeed him.

Barnes, 48, currently is the vice president of customer and operations application portfolios in Information Services, directing the technology development activities of approximately 3,000 of UPS's 4,700 technology professionals. In succeeding Lacy, Barnes will join the UPS Management Committee, which directs the day-to-day management of the company.

"Ken Lacy, in the course of a 37-year career with UPS, has ensured that the structure and processes are in place to keep our technology investment firmly aligned with our business strategy," said Mike Eskew, Chairman and CEO of UPS. "He has overseen the development and build-out of the technology infrastructure that enables UPS to synchronize the flow of goods, information and funds for our customers worldwide.

"Dave Barnes has managed virtually all UPS technology initiatives that directly touch the customer, including ups.com and a growing number of Internet-based shipping tools," Eskew continued. "His customer focus will ensure our technology decisions remain market-driven, sustaining our competitive advantage."

Barnes joined UPS in 1977 as part-time package loader and continued to work for the company as a part-time supervisor while pursuing his bachelor's degree in business administration at the University of Missouri.

Upon graduation, Barnes was recruited into the Information Services arena to assist with the deployment of distributed processing accounting systems. By 1984, Barnes was promoted to corporate internal audit manager and in 1986 was assigned to work on the start-up team for UPS Airlines, now the world's 11th largest airline.

In the late 1980s and early 1990s, Barnes held a number of management positions as UPS began its global expansion efforts, most notably during the development of the International Shipments Processing System, a Smithsonian award-winning software application. Barnes returned to corporate headquarters in 1997 to serve as the international financial systems controller and became the head of UPS Customer Information Management in 1998.

A graduate of Florida Southern College, Lacy joined UPS in 1967 as a clerk in Orlando. He held several finance and accounting positions, including controller at both the district and region levels. At the corporate level, Lacy's expertise found broader application in positions that included competitive performance manager of the Financial Planning Group, national finance and accounting systems manager and corporate controller.

In addition to his corporate activities, Lacy is a member of Georgia State University CIS Affiliates Program and was the recipient of the CIO Magazine 20/20 Vision Award in 2002.

UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.