Demand the UPS Board of Directors to Dismiss CEO Carol Tome for Gross Incompetence


Demand the UPS Board of Directors to Dismiss CEO Carol Tome for Gross Incompetence
The Issue
On January 30, 2025, as shareholders, employees, retirees, and investors in United Parcel Service (UPS), we experienced an avoidable catastrophe that continues to interrupt our financial stability. The gross incompetence of CEO Carol Tome regarding the Q4 report induced a superfluous crash of the UPS stock price, resulting in an immediate loss of $18.88 per share. This sharp decline is not only indicative of Tome’s failings, but also of the faces of our families, friends, and co-workers who have suffered financial consequences as a result of this negligence.
Such an adverse event emphasizes the magnitude of the responsibilities that weigh on the shoulders of the CEO. Unfortunately, the recent developments demonstrate Carol Tome’s inability to assume this important mantle. This is not merely about the fall in the value of a stock; it's about the lifetime savings of countless individuals who trusted in the stability of UPS as an investment.
Considering the serious financial repercussions her mismanagement has caused, we believe it's imperative for the UPS Board of Directors to terminate the services of CEO Carol Tome with immediate effect. In doing so, UPS will safeguard the best interests of every investor and provide a clear, promising path for the future of the company.
Let's voice our concerns, protect our investments, and seek the change we deserve. Join us in demanding the UPS Board of Directors to dismiss CEO Carol Tome. Sign this petition.
10,268
The Issue
On January 30, 2025, as shareholders, employees, retirees, and investors in United Parcel Service (UPS), we experienced an avoidable catastrophe that continues to interrupt our financial stability. The gross incompetence of CEO Carol Tome regarding the Q4 report induced a superfluous crash of the UPS stock price, resulting in an immediate loss of $18.88 per share. This sharp decline is not only indicative of Tome’s failings, but also of the faces of our families, friends, and co-workers who have suffered financial consequences as a result of this negligence.
Such an adverse event emphasizes the magnitude of the responsibilities that weigh on the shoulders of the CEO. Unfortunately, the recent developments demonstrate Carol Tome’s inability to assume this important mantle. This is not merely about the fall in the value of a stock; it's about the lifetime savings of countless individuals who trusted in the stability of UPS as an investment.
Considering the serious financial repercussions her mismanagement has caused, we believe it's imperative for the UPS Board of Directors to terminate the services of CEO Carol Tome with immediate effect. In doing so, UPS will safeguard the best interests of every investor and provide a clear, promising path for the future of the company.
Let's voice our concerns, protect our investments, and seek the change we deserve. Join us in demanding the UPS Board of Directors to dismiss CEO Carol Tome. Sign this petition.
10,268
The Decision Makers
Supporter Voices
Petition created on February 3, 2025