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UPS Chief Executive Gets Raise
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<blockquote data-quote="pretzel_man" data-source="post: 817951" data-attributes="member: 927"><p>I was not at all trying to say that shareowners have seen long term wealth. Not at all. Those "greedy" shareowners have seen almost zero growth and I believe this is the true problem. Everything else is symptoms of that problem.</p><p> </p><p>What I was referring to is this.....</p><p> </p><p>Of the $10M Davis gets (yes, its a lot), over $8M of it is in "Restricted stock awards". </p><p> </p><p>We have seen people complain that 1/2 of their MIP is in restricted stock awards. Over 80% of his compensation is restricted....</p><p> </p><p>So, if stock goes down, that 80% will shrink. If stock goes up, that 80% will be worth much more....</p><p> </p><p>I was pointing out that he has a significant personal incentive to see stock grow....</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 817951, member: 927"] I was not at all trying to say that shareowners have seen long term wealth. Not at all. Those "greedy" shareowners have seen almost zero growth and I believe this is the true problem. Everything else is symptoms of that problem. What I was referring to is this..... Of the $10M Davis gets (yes, its a lot), over $8M of it is in "Restricted stock awards". We have seen people complain that 1/2 of their MIP is in restricted stock awards. Over 80% of his compensation is restricted.... So, if stock goes down, that 80% will shrink. If stock goes up, that 80% will be worth much more.... I was pointing out that he has a significant personal incentive to see stock grow.... [/QUOTE]
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