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The Latest UPS Headlines
UPS CEO Davis Earned $5.6 Million In '08 Total Compensation
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<blockquote data-quote="1989" data-source="post: 521573" data-attributes="member: 10280"><p>Vote your proxy, you have until may 6 to do it online. </p><p> </p><p><strong><em><span style="font-family: 'Times-BoldItalic'"><span style="font-size: 10px"><span style="font-family: 'Times-BoldItalic'"><span style="font-size: 10px"><p style="text-align: left"> </p></span></span></span></span></em></strong></p><p style="text-align: left"><strong><em><span style="font-family: 'Times-BoldItalic'"><span style="font-size: 10px"><span style="font-family: 'Times-BoldItalic'"><span style="font-size: 10px">Market data is only one of the factors considered by the Compensation Committee</p><p></span></span></span></span></em></strong><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><p style="text-align: left">While the Compensation Committee considers market data in making compensation decisions, it does not</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">target compensation at a particular percentile or within any targeted range based on the data. The data is one of a</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">variety of factors weighed by the Compensation Committee when considering base salary, long-term equity awards</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">and total compensation levels, and is generally considered as a market check.</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Each year, we purchase and review general compensation survey data from sources such as Cook and Towers</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Perrin so that we can provide the Compensation Committee with general information about the level of our</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">compensation relative to compensation data from comparable sized companies. In addition we look at pay practices</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">and levels for a peer group that is comprised of companies that typically have global operations, a diversified</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">business and annual sales and market capitalizations comparable to UPS. The 2008 peer group was comprised of the</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">following 20 companies:</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"></p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Boeing Co. Dell Inc. Lowes Companies Inc. Sysco Corp.</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Caterpillar Inc. FedEx Corporation McDonald’s Corp. Target Corp.</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Coca-Cola Co. Johnson & Johnson Motorola Inc. United Technologies Corp.</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Coca-Cola Enterprises Inc. Kroger Co. PepsiCo Inc. Walgreen Co.</p></span></span></span></span></p><p style="text-align: left"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px"><span style="font-family: 'Times-Roman'"><span style="font-size: 10px">Costco Wholesale Corp. Lockheed Martin Procter & Gamble Xerox Corp.</p><p></span></span></span></span></p></blockquote><p></p>
[QUOTE="1989, post: 521573, member: 10280"] Vote your proxy, you have until may 6 to do it online. [B][I][FONT=Times-BoldItalic][SIZE=2][FONT=Times-BoldItalic][SIZE=2][LEFT] Market data is only one of the factors considered by the Compensation Committee[/LEFT] [/SIZE][/FONT][/SIZE][/FONT][/I][/B][I][FONT=Times-BoldItalic][SIZE=2][FONT=Times-BoldItalic][SIZE=2][/size][/font][/size][/font][/I][FONT=Times-BoldItalic][SIZE=2][FONT=Times-BoldItalic][SIZE=2][/SIZE][/FONT][/SIZE][/FONT][FONT=Times-Roman][SIZE=2][FONT=Times-Roman][SIZE=2][LEFT]While the Compensation Committee considers market data in making compensation decisions, it does not target compensation at a particular percentile or within any targeted range based on the data. The data is one of a variety of factors weighed by the Compensation Committee when considering base salary, long-term equity awards and total compensation levels, and is generally considered as a market check. Each year, we purchase and review general compensation survey data from sources such as Cook and Towers Perrin so that we can provide the Compensation Committee with general information about the level of our compensation relative to compensation data from comparable sized companies. In addition we look at pay practices and levels for a peer group that is comprised of companies that typically have global operations, a diversified business and annual sales and market capitalizations comparable to UPS. The 2008 peer group was comprised of the following 20 companies: Boeing Co. Dell Inc. Lowes Companies Inc. Sysco Corp. Caterpillar Inc. FedEx Corporation McDonald’s Corp. Target Corp. Coca-Cola Co. Johnson & Johnson Motorola Inc. United Technologies Corp. Coca-Cola Enterprises Inc. Kroger Co. PepsiCo Inc. Walgreen Co. Costco Wholesale Corp. Lockheed Martin Procter & Gamble Xerox Corp.[/LEFT] [/SIZE][/FONT][/SIZE][/FONT] [/QUOTE]
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UPS CEO Davis Earned $5.6 Million In '08 Total Compensation
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