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UPS Chief Executive Gets Raise
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<blockquote data-quote="chris24" data-source="post: 816888" data-attributes="member: 9368"><p>"UPS Chairman and CEO <strong>Scott Davis</strong> got $10.7 million in total compensation last year -- up from $6.2 million in 2009, according to a Monday proxy filing to the Securities and Exchange Commission. His stock awards jumped about 100 percent to $7.8 million, change in pension value and nonqualified deferred compensation earnings were up 63 percent to $1.2 million and non-equity incentive plan compensation rose about 78 percent to $232,000. His salary stayed at $1 million and his stock option awards also were basically flat at $437,514."</p><p></p><p>The proxy also shows:</p><p> </p><ul> <li data-xf-list-type="ul">Chief Operating Officer <strong>David P. Abney</strong>’s total compensation went up about 72 percent to $4.3 million.</li> <li data-xf-list-type="ul">Chief Financial Officer <strong>Kurt P. Kuehn</strong>’s total compensation grew about 47 percent to $2.8 million.</li> </ul> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"></span></p><p>United Parcel Service Inc. Chief Executive Scott Davis was paid $10.7 million in total compensation last year, 72% more than the $6.2 million he received in 2009.</p></blockquote><p></p>
[QUOTE="chris24, post: 816888, member: 9368"] "UPS Chairman and CEO [B]Scott Davis[/B] got $10.7 million in total compensation last year -- up from $6.2 million in 2009, according to a Monday proxy filing to the Securities and Exchange Commission. His stock awards jumped about 100 percent to $7.8 million, change in pension value and nonqualified deferred compensation earnings were up 63 percent to $1.2 million and non-equity incentive plan compensation rose about 78 percent to $232,000. His salary stayed at $1 million and his stock option awards also were basically flat at $437,514." The proxy also shows: [LIST] [*]Chief Operating Officer [B]David P. Abney[/B]’s total compensation went up about 72 percent to $4.3 million. [*]Chief Financial Officer [B]Kurt P. Kuehn[/B]’s total compensation grew about 47 percent to $2.8 million. [/LIST] [LEFT][COLOR=#000000] [/COLOR][/LEFT] United Parcel Service Inc. Chief Executive Scott Davis was paid $10.7 million in total compensation last year, 72% more than the $6.2 million he received in 2009. [/QUOTE]
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