Carol Tomé is an American business executive. She is the Chief Executive Officer of United Parcel Service (UPS).[1][2] She is formerly of The Home Depot, where she worked from 1995 to 2019, serving as Vice President and Treasurer and later as Executive Vice President and Chief Financial Officer.[3]
Carol Tome was born in Jackson, Wyoming.[4] Tomé's family emphasized the value of hard work and capability in her upbringing, which Tomé characterizes as "an unbelievable childhood". She learned to hunt, fish, cook, sew, and live off the land. Her father was a community banker. Tomé took an early interest in finance, and envisioned herself following a similar path and working in banking after her graduation from business school at The University of Denver.[5]
Tomé worked as a commercial lender at United Bank of Denver, was director of banking at Johns-Manville Corp, and was vice president and treasurer of Riverwood International Corp of Atlanta. She joined The Home Depot in 1995 when they sought an experienced executive for an expansion into Mexico.[6] She was promoted to CFO in 2001. During her time at the company, The Home Depot grew from 400 stores to 2,200 with revenue of nearly $100 billion. Its share price over her tenure increased more than 450%.[7] She has received praise for The Home Depot's performance after its emergence from the 2008-09 financial and housing crisis.[8] After a brief retirement, she was announced Chief Executive Officer Elect of UPS, where she has been a member of the board of directors since 2003.[9]
Tomé has been named twice to the Forbes list of The World's 100 Most Powerful Women.[10] In 2012, Tomé was listed second on The Wall Street Journal's list of best chief financial officers.[11]
United Parcel Service of North America, Inc., typically referred to and branded as UPS (stylized as ups), is one of the largest shipment and logistics companies in the world. The American global package deliverycompany is headquartered in Sandy Springs, Georgia, which is part of the Greater Atlanta metropolitan area. UPS delivers more than 15 million packages a day to more than 6.1 million customers in more than 220 countries and territories around the world.[4][5][6]
