Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
UPS Subsidiaries
UPS Information Technology
distributing shares in the company to its managers
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Dfigtree" data-source="post: 257985" data-attributes="member: 5050"><p style="margin-left: 20px"><p style="margin-left: 20px">(found surfing the net)</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px">Biography: James Casey, Founder of UPS </p> <p style="margin-left: 20px"></p> </p><p>A high school dropout who started a bicycle messenger service in Seattle in 1907, James Casey lived long enough to see United Parcel Service become the world’s premier delivery company, which it remains today. </p><p>Casey was a humble man. A lifelong bachelor, he lived for many years in a simple hotel room and always wore a dark suit and tie. Neither money nor power interested him much. Over the years he and his brother, who also worked at UPS, gave the bulk of their money, $438 million in all, to the Annie E. Casey Foundation, named after their mother. (It grew to become the eleventh biggest foundation in the United States, with $2.7 billion in assets in 2003.) Two things excited Casey-the people of UPS and the packages they delivered. Casey understood that business was a collective enterprise and that UPS’s success depended upon winning the commitment of its people. To that end, he began distributing shares in the company to its managers in the early 1920s. “The basic principle that I believe has contributed more than any other to the building of our business,” he said in 1955, “is the ownership of our company by the people employed in it.”</p></blockquote><p></p>
[QUOTE="Dfigtree, post: 257985, member: 5050"] [INDENT][INDENT](found surfing the net) Biography: James Casey, Founder of UPS [/INDENT][/INDENT]A high school dropout who started a bicycle messenger service in Seattle in 1907, James Casey lived long enough to see United Parcel Service become the world’s premier delivery company, which it remains today. Casey was a humble man. A lifelong bachelor, he lived for many years in a simple hotel room and always wore a dark suit and tie. Neither money nor power interested him much. Over the years he and his brother, who also worked at UPS, gave the bulk of their money, $438 million in all, to the Annie E. Casey Foundation, named after their mother. (It grew to become the eleventh biggest foundation in the United States, with $2.7 billion in assets in 2003.) Two things excited Casey-the people of UPS and the packages they delivered. Casey understood that business was a collective enterprise and that UPS’s success depended upon winning the commitment of its people. To that end, he began distributing shares in the company to its managers in the early 1920s. “The basic principle that I believe has contributed more than any other to the building of our business,” he said in 1955, “is the ownership of our company by the people employed in it.” [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
UPS Subsidiaries
UPS Information Technology
distributing shares in the company to its managers
Top