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Abney, 58, has worked for UPS for 40 years, starting as a package loader. Before becoming COO, he led the company's international operation, among many other jobs.

Air Huarache On Foot

The company said Friday that Chief Operating Officer David Abney will take the top job Sept. 1. Current Chairman and CEO Scott Davis will become nonexecutive chairman at that time.

UPS names company veteran as next CEO

In this March 19, 2012 file photo Scott Davis, CEO of UPS, elaborates on the planned merger between UPS and TNT Express during a press conference in Amsterdam. The UPS Board of Directors on Friday, June 6, 2014 announced that it has named CEO David Abney, as its new Chief Executive Officer and appointed him to the Board of Directors. Scott Davis, 62, Air Huarache Mid

prototype Air Huarache On Foot package truck as he speaks during a news conference in Atlanta. The UPS Board of Directors on Friday, June 6, 2014 announced that it has named Abney, as its new Chief Executive Officer and appointed him to the Board of Directors. Scott Davis, 62, who has served as the company's Chairman of the Board and CEO since 2008, will retire from UPS and will assume the role of non executive Chairman. Both moves are effective September 1, 2014. (AP Photo/John Bazemore, File)

who has served as the company's Chairman of the Board and CEO since 2008, will retire from UPS and will assume the role of non executive Chairman. Both moves are effective September 1, 2014. (AP Photo/Peter Dejong, File)

Air Huarache On Foot

Air Huarache On Foot

Air Huarache On Foot

Air Huarache On Foot

Davis, 62, has been chairman and CEO since 2008 and has been with the company since 1986. The company said that he oversaw significant expansion of its international capabilities.

Air Huarache On Foot

Air Huarache On Foot

Air Huarache On Foot

Air Huarache On Foot

Like its rivals, the Atlanta company was hurt during the busy holiday shopping season. It wasn't prepared for a big increase in online shopping Nike Huarache Womens Black

"Scott Davis has skillfully guided UPS through one of the most turbulent global economic periods in history while executing growth strategies in emerging markets and specialized business segments," UPS board member Duane Ackerman said in a statement.

In a Monday, Oct. 27, 2008 file photo, UPS Chief Operating Officer David Abney stands in front of a Nike Huarache Ultra Men's

Air Huarache On Foot

and a crush of last minute orders by shoppers before Christmas. It hired more seasonal workers to keep up with deliveries, driving costs higher during the fourth quarter.

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