UPS Airlines Names Matt Capozzoli Head of Flight Operations

Louisville, April 27, 2011

Capt. Rick Barr Retiring After 23 Years of Service

UPS (NYSE: UPS) today announced that Matt Capozzoli, a veteran UPS executive, has been named the new vice president of flight operations for UPS Airlines.

Capozzoli will replace Capt. Rick Barr, who is retiring after 23 years of service at the global logistics company.

Capozzoli, 52, brings to his new post a broad range of experience accumulated over a 34-year career with UPS. The Philadelphia native joined UPS in 1977, working in ground operations as a package handler, part-time supervisor and driver. In 1987, Capozzoli was promoted to the management team and worked in operations and then human resources.

In 1990, Capozzoli moved to the UPS corporate office and began serving the company as an attorney. For the next 15 years, he rotated through a series of UPS legal assignments, including a two-year rotation in Louisville as head of the UPS Airlines Legal and Regulatory Department. At the corporate office, Capozzoli would ultimately rise to Legal Coordinator and Corporate and Legal Department Manager.

As a senior manager, Capozzoli returned to package operations in 2005, holding district manager positions on the Eastern seaboard and in the corporate office. In 2010, Capozzoli returned to the airline, where he has managed special projects for the last year.

“Matt is the classic UPS leader,” said UPS Airlines President Mitch Nichols. “He started at the entry level and has spent his entire career learning the company inside and out. He has the skills and perspective to take the UPS Airlines to the next level.”

UPS operates one of the largest airlines in the world with more than 500 owned and chartered aircraft flying nearly 1,700 daily flight segments serving 766 airports across the globe.

Barr, a native of Phoenix, began his career with UPS as a captain in June 1988, just four months after the company began operating its own airline. The following year, the former Air Force aviator was promoted into management and quickly worked his way up the ranks. By 1996, Barr had become System Chief Pilot and in 1997, he was named Flight Operations vice president.

During his tenure, UPS Airlines enjoyed an outstanding record of safety and performance and grew into one of the world’s largest air carriers. Notable milestones included the development of an air network that reaches 220 countries and territories daily, pioneering work in aviation safety programs and the implementation of UPS’s A300, 747-400 and MD-11 fleets. Barr leaves UPS with the newest and most environmentally friendly fleet in cargo aviation.

“Rick Barr has demonstrated outstanding leadership in a variety of roles since the UPS Airlines’ earliest days. We will miss his insight and partnership,” said Nichols.

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