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Get filing alertsUPS director Kevin Warsh resigns from board after Senate confirms him as Fed Chairman
Filed May 13, 2026 · Period ending May 13, 2026 · ~1 min read
Key Changes
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Kevin M. Warsh resigned from UPS's Board of Directors effective May 13, 2026, following his Senate confirmation as Chairman of the Federal Reserve Board of Governors.
Item 5.02 verify on EDGAR → -
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The resignation was pre-announced and conditional on Senate confirmation. Warsh had previously notified UPS he would step down if confirmed to the Federal Reserve position.
Item 5.02 verify on EDGAR → -
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UPS explicitly stated the departure was not due to any disagreement with the company regarding operations, policies, or practices.
Item 5.02 verify on EDGAR →
Summary
UPS filed a routine board change disclosure announcing that director Kevin M. Warsh resigned effective May 13, 2026, following his Senate confirmation as Chairman of the Federal Reserve. This was an expected departure that Warsh had previously communicated to the company, contingent on his government appointment.
The filing includes standard language confirming the resignation was amicable and unrelated to any company matters. For UPS shareholders, this is a procedural disclosure with minimal operational impact. Board composition changes are normal, and this departure stems from Warsh's career move to public service rather than any concerns about UPS's direction.
The company will likely announce a replacement director in due course. Investors should monitor whether UPS adds financial or regulatory expertise to fill the vacancy, though this single board change does not materially affect the company's business operations or strategy.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Warsh’s decision was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The filing explicitly states that Warsh's departure was not due to any disagreement with UPS regarding operations, policies, or practices. This is standard disclosure language confirming the resignation was amicable and related solely to his Federal Reserve appointment.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 16, 2026 · How we verify