Richard Peretz, UPS

Richard Peretz, chief financial officer UPS
Source: UPS
Richard Peretz, chief financial officer UPS

Richard Peretz, chief financial officer, is responsible for accounting, finance, financial planning, taxes and treasury, as well as audit and compliance activities at UPS. He also serves as the company's senior liaison to the investor, finance and analyst community. As a member of the UPS Management Committee, he joins the company's most senior executives in setting strategy for long-term growth.

Prior to being named CFO, Peretz was corporate controller and treasurer. In that role, he was in charge of financial reports and plans, tax, general accounting and mergers and acquisitions across all UPS business units.

Peretz has overseen the acquisitions of health-care companies Polar Speed, Poltraf, Cemelog and Pieffe Group. He helped strengthen UPS's business-to-consumer portfolio with the acquisitions of iParcel and Kiala. Peretz also helped expand the company's international small-package footprint in Turkey, Slovenia, Romania, South Korea, Vietnam and Costa Rica.

Peretz joined UPS customer service in 1981 while attending college at the University of Texas at San Antonio. His UPS career has included financial operating assignments and corporate functional roles in finance, accounting and business development.

In 1989 he was promoted to district controller in the Americas region as part of the development team for Mexico and Latin America. Peretz helped launch UPS operations in Mexico, where the company built a business from the ground up.

Peretz has served in a variety of leadership assignments, including UPS transformation programs involving the consolidation of operating districts, realignment of finance functional services and company–wide profitability improvement programs. He was also a member of the team that managed UPS's initial public offering in 1999, at the time the largest in U.S. history.

In 2003, Peretz became international chief financial officer and helped to grow profits while opening UPS operations in China and expanding in Poland, Japan and the United Kingdom. In 2008, he returned to the corporate office with responsibility for corporate finance and accounting. In 2013, he became corporate controller, and in 2014 expanded his role to include corporate treasurer.

In addition to his professional responsibilities, Peretz serves on the board of the American Red Cross metropolitan Atlanta chapter. A native of San Antonio, Texas, he holds a bachelor's degree in business administration from University of Texas San Antonio and a master's degree in business administration from the Goizueta Business School at Emory University.