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UPS Discussions
Why should I care?
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<blockquote data-quote="Stran" data-source="post: 496494" data-attributes="member: 20681"><p>The CEO of UPS is the only board member making over a million dollars a year. The board of FedEx has 6 members making over a million a year. Most management have received stock instead of monetary gains. At the division management level and above they receive stock options they can't act on for a set number of years. If the value of the stock drops the options are worthless. Even a center manager holds 30-50,000 shares of stock they have accumulated over the years. And lets not forget their 401K match was in stock. 50,000 shares lose half their value (UPS traded above $80 for awhile) and yeah you would get a little nervous.</p></blockquote><p></p>
[QUOTE="Stran, post: 496494, member: 20681"] The CEO of UPS is the only board member making over a million dollars a year. The board of FedEx has 6 members making over a million a year. Most management have received stock instead of monetary gains. At the division management level and above they receive stock options they can't act on for a set number of years. If the value of the stock drops the options are worthless. Even a center manager holds 30-50,000 shares of stock they have accumulated over the years. And lets not forget their 401K match was in stock. 50,000 shares lose half their value (UPS traded above $80 for awhile) and yeah you would get a little nervous. [/QUOTE]
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