CEO compensation

Discussion in 'UPS Discussions' started by UPS4Life, Mar 24, 2015.

  1. UPS4Life

    UPS4Life Active Member

    Copied from seeking alpha

    • The total compensation package for UPS (NYSE:UPS) CEO David Abney rose 104.9% to $8.4M in 2014.
    • The bulk of the increased pay for the exec was in stock awards.
    • Changes in the company's long-term compensation plan also factored in.

    Must be nice to under perform the 4th quarter and get a hell of a bonus.


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  2. Most of that will be in restricted stock. He can't call his broker 10 minutes from now and dump it.

    I know everybody complains about executive compensation but it isn't a job where you go home and your day is over. It may not be physically demanding, but running a 100 billion dollar company with 270,000 employees is no small feat. The guy is probably never home and always connected to something UPS related. I've been on the phone with the Chief Information Officer at 330 in the morning before. It isn't easy on a family or your body. My parents are upper level in a company and I hated vacations because it wasn't that for them. It was being on their laptops and iPhones at our cottage rather than in their offices.

    I understand the resentment, but the guy has a special set of skills that most of us don't possess. Wall Street may have hated the 4th quarter, but how many of us had a horrendous peak? I know I didn't.
     
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  3. UPS4Life

    UPS4Life Active Member

    I completely agree don't get me wrong. It's just sad that you have a bad quarter and you get compensated so well is what I'm saying maybe?? Don't get me wrong his job is beyond the stress level i ever want to deal with. I guess I was a little quick to post judgement considering I don't know what others made in compensation per year so maybe that is low for the year compared to others.

    Just used it as a conversation piece.


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  4. superballs63

    superballs63 Well-Known Troll Troll

    I have the skills to fire people and be an :censored2:. I can haz CEO now?
     
  5. Sleeve_meet_Heart

    Sleeve_meet_Heart making the unreadable unreadabler

    BS...the guy could work for one year and retire. And he's no genius. No sympathies. ;P
     
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  6. Cementups

    Cementups Box Monkey

    Maybe if you spent as much time worried about your job as much as you're worried about his it wouldn't be such a worry to you.

    Or strive harder to get his job yourself and see how you do.
     
  7. UPS4Life

    UPS4Life Active Member

    Well if he fails at his and runs the company into the ground then I guess I'll have to worry about my job too then huh?


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  8. Cementups

    Cementups Box Monkey

    If you do your job then he is doing his job. Instead you are spending your spare time worrying about his faults.
     
  9. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Bad quarter how?

    Stock price and earnings wise?

    I and most of the drivers on here think this was the best 4th quarter in a long time.
     
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  10. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    So then we all should be waiting for him to send us a letter telling his employees thank you? He is only there for the bonuses. He also Doesn't know anyone below his executive board. Btw ---was he ever a driver or low management? I know nothing about this guy. We won't ever see him.
     
  11. UPS4Life

    UPS4Life Active Member

  12. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

  13. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Started as a part time package handler.
    http://www.ups.com/pressroom/us/bio...nagement+Committee/ci.David+Abney.syndication


    Google is pretty amazing.
     
  14. Indecisi0n

    Indecisi0n Well-Known Member

    Is he single?
     
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  15. Salesguy

    Salesguy Sales Member

    They tell us they are the closest thing to god and sometimes when I hear that I get a little scared
     
  16. Wizzy

    Wizzy Member

    I had one bad day-1.3 over and my boss wanted to why.
     
  17. It wasn't a bad quarter though. EPS was 1.25 a share, 6% revenue growth, decent growth across the board. Profit dropped to $444 million. But that's not a bad number. They took on a lot of one time charges that will pay off next year. Not to mention the negative PR we dodged by investing in our product.
    That response just proves you have no idea what actually goes into the job.
    If a $444 million dollar profit is running the business into the ground I want to know what success is. He'd get kicked to the curb by the board before he could do any serious damage.
    Started as a PT package handler in Mississippi I believe. There was an article about it in that UPSers mailing they send out quarterly.
    Absolutely agree. They did a good job at the top in regards to peak.
     
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  18. Wally

    Wally Hailing from Parts Unknown.

    8.4 mill is chump change.
     
  19. AKCoverMan

    AKCoverMan Active Member

    Well it is out of annual revenue of $58 Billion..

    Put another way if you took his entire compensation package and spread it out to all the hourlies we would not even notice the tiny bump.
     
  20. superballs63

    superballs63 Well-Known Troll Troll

    Oh, you're right! I forgot about the unnecessary conference calls. Crap!