05:11 PM EDT, 05/06/2024 (MT Newswires) -- UPS (UPS) late Monday said Chief Financial Officer Brian Newman will leave on June 1.

The delivery and logistics company did not immediately name a successor, but said it would evaluate internal and external candidates for the new CFO.

Newman has been CFO at UPS since 2019. Before that, he was an executive at PepsiCo (PEP), according to a regulatory filing.

UPS also reaffirmed its 2024 revenue outlook in the range of $92.0 billion to $94.5 billion. Analysts polled by Capital IQ expect $93 billion.

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