Together, we're taking on corrupting and contract givebacks and fighting for a better future. First, this article will compare CEO compensation with compensation at other large companies.

The pay changes affected the compensation of Abney, Chief Financial Officer Richard Peretz, Chief Commercial Officer Alan Gershenhorn, and Myron Gray, president of UPS's U.S. operations. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses.

The figure is actually slightly down from the $6.28 million Davis bagged in 2008. I would argue that the improvement in revenue isn’t particularly impressive, but the modest improvement in EPS is good. The stock incentives “vest,” or convert to the executives’ ownership, over time and after they meet certain performance goals. It was downright impressive. We further remind readers that the CEO may face performance requirements to receive the non-salary part of the total compensation. Remember that, when the company pleads poverty in contract negotiations. United Parcel Service, Inc. has seen earnings per share (EPS) move positively by an average of 6.8% a year, over the last three years (using a line of best fit).

Part of the profit decline was due to billions of dollars in pension costs for its U.S. and overseas workers. Gap Agrees. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. It just goes to show what fresh eyes can do. A free inside look at UPS salary trends based on 18,217 salaries wages for 2,500 jobs at UPS. Notably, that’s an increase of 20% over the year before. Board member Carol Tomé takes over at the end of May. Click here to read the Wall Street Journal report: UPS CEO Davis Earned $6.24M In 2009 Total Compensation. His pay included a $1.1 million salary, almost $10.2 million in stock-related awards and a $387,741 bonus. This contrasts with the growth in CEO remuneration, in the last year. It could be important to check this free visual depiction of what analysts expect for the future. Startup CEO Salary Calculator For first-time founders and leaders of early-stage startups, determining compensation for the CEO and early employees can be tough. UPS CEO Carol Tome is the fresh pair of eyes the delivery company needed.

ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. UPS is rethinking all levels of its spending and only going to put money toward projects that customers actually want and will pay for. United Parcel Service Inc. filings with the Securities & Exchange Commission, March 16, 2018, Wall Street Journal: UPS CEO’s Total Compensation More Than Doubles in 2014, "TDU unites workers to take on corporate greed. Last year, they were 675 percent and 45 percent, respectively.

UPS CEO David Abney is stepping down as CEO after six years in the shipping company's top job. UPS CEO Carol Tome is the fresh pair of eyes the delivery company needed. Abney's total compensation was $13.7 million last year, compared to almost $11.3 million the previous year, according to its proxy filed this week. Shares of UPS spiked as much as 18% on the earnings report and are on track for a record close. The 747s are just the tip of the iceberg. Visit PayScale to research chief executive officer (ceo) salaries by city, experience, skill, employer and more. As you can see, David Abney is paid more than the median CEO pay at large companies, in the same market. UPS Chief Executive David Abney's pay went up more than 20 percent last year even as the package deliverer struggled with weakening profits from dropping off online orders at homes. The pay raises were three-fold: all of the executives got a 10 percent salary raise, and most also got extra “one-time” grants of stock options and compensation tied to the company’s stock price and other criteria, according to a company filing to the U.S. Securities and Exchange Commission. Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. UNITED PARCEL SERVICE INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The margin resilience in the domestic segment is partly a reflection of surcharges and route limitations that both UPS and rival FedEx Corp. have imposed on deliveries for their busiest customers. The graphic below shows how CEO compensation at United Parcel Service has changed from year to year. Simply Wall St has no position in the stocks mentioned.We aim to bring you long-term focused research analysis driven by fundamental data.

Thursday marked the first earnings day for new CEO Carol Tome, a former Home Depot Inc. executive and UPS board member who succeeded long-time leader David Abney in June. While we always look at total compensation first, we note that the salary component is less, at US$1.3m. Heading into the earnings call, my biggest question was whether that was going to be sustainable once the immediate surge in Covid-buying began to fade. “However, the challenges of forecasting and adapting the UPS business model to the growing (business-to-consumer) environment (caused costs to grow) at a disproportionate rate and kept overall results below expectations,” the company said. View our latest analysis for United Parcel Service. When we examined a group of companies with market caps over US$8.0b, we found that their median CEO total compensation was US$12m. BRIDGES JR./staff photo). But she seems to have made a remarkable amount of progress in a very short time as CEO and the level of detail on her longer-term outlook for UPS’s network was staggering. Davis’s pay more than doubled in 2008, going from $2.6 million to $6.28 million, a 141 percent increase! But don’t feel too bad for Brown’s CEO. UPS said the strong dollar also crimped the company’s bottom line. “It's all about becoming better, not bigger,” Tome said. We found that it pays well over the median amount paid in the benchmark group. But it’s great news for UPS shareholders who have long complained about a lack of visible payoff from the billions upon billions of dollars the company has shelled out in the name of making its network more efficient and profitable. Salaries posted anonymously by UPS employees. Tome (pronounced “Toe-MAY”) was able to combine a frank and hard-nosed assessment of UPS’s past spending habits with a bit of personality. Pandemics are complex, so the response must be complex too. There's an Ugly Side to Investment Beauty Contests, Biden’s First War Would Have to Be Against Propaganda, Once Upon a Time, Republicans Were in Cities Too.
Idaho Defies Trump’s Nationalism With Best U.S. Economy, Maybe We’re Getting Herd Immunity and Lockdowns Wrong, One Way Trump Is Doing Better Than Expected. It helped that Tome had robust numbers to tout: Adjusted earnings in the second quarter were twice as high as analysts had anticipated at $2.13 a share. She has been a member of the UPS Board of Directors since 2003 and serves as chairperson … The presentation felt refreshing on many fronts. Our contract covers the same five-year period. PO Box 10128  |  Detroit, MI 48210  |  (313) 842-2600  |  [email protected], Teamsters Rank and File Education and Legal Defense Foundation, PO Box 10303  |  Detroit, MI 48210  |  (313) 842-2615  |  [email protected], © Copyright 2015   |   All Rights Reserved, UPS made $4.9 billion in after-tax profits last year—and UPS CEO Abney has cashed-in big-time, according to the latest, Higher wages and more guaranteed hours for part-timers, $15 part-time starting pay, with catch-up increases for all part-timers already on the payroll. At the time of writing, our data says that United Parcel Service, Inc. has a market cap of US$78b, and reported total annual CEO compensation of US$18m for the year to December 2019. Changes to Number of IBT Regional Vice Presidents, 4000 Southern California Teamsters Give Strike Notice. The planes would have created excess capacity that UPS then would have had to find volume to fill, likely at unattractive prices.

Carol Tomé is the Chief Executive Officer of UPS. UPS CEO David Abney got a 20-plus percent raise last year, to $13.7 million.
“Under David’s leadership as CEO, UPS ended 2016 with positive results in many areas including record earnings,” the company said in its filing.