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UPS Partners
Grade 20 Bonus
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<blockquote data-quote="HOWNOWBROWNCOW" data-source="post: 180100" data-attributes="member: 8103"><p>What do you say to your supervisor when you gave him 9.59 shares in October 2006 as the first 20% of the 2005 deferred MIP? Do you say "hold on to this stock and in 297 years at the 1% growth rate we have experienced the last 7 years you will be a millionaire?" </p><p></p><p>It is a shame what upper management and greed have done to our company. Withhold authority for all of the BOD and maybe they will get the message. If some large mutual fund company would put some pressure on UPS to make all A & B shares vote equally - one vote each - our upper management wouldn't last a week.</p></blockquote><p></p>
[QUOTE="HOWNOWBROWNCOW, post: 180100, member: 8103"] What do you say to your supervisor when you gave him 9.59 shares in October 2006 as the first 20% of the 2005 deferred MIP? Do you say "hold on to this stock and in 297 years at the 1% growth rate we have experienced the last 7 years you will be a millionaire?" It is a shame what upper management and greed have done to our company. Withhold authority for all of the BOD and maybe they will get the message. If some large mutual fund company would put some pressure on UPS to make all A & B shares vote equally - one vote each - our upper management wouldn't last a week. [/QUOTE]
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