UPS CEO got $10.7 million in 2012 compensation - Yahoo
United Parcel Service Co. gave its chairman and CEO compensation valued at $10.7 million last year, down 7 percent from the year before, according to an Associated Press analysis.
D. Scott Davis got a 3 percent increase in salary, to $1,049,703, but most of his compensation came in the form of stock awards.
The company says those awards went down in value because UPS failed to hit targets for revenue growth, return on investment and other financial measurements.
United Parcel Service Co. gave its chairman and CEO compensation valued at $10.7 million last year, down 7 percent from the year before, according to an Associated Press analysis.
D. Scott Davis got a 3 percent increase in salary, to $1,049,703, but most of his compensation came in the form of stock awards.
The company says those awards went down in value because UPS failed to hit targets for revenue growth, return on investment and other financial measurements.
