UPS Chairman Davis’ total comp rises to $13.1M

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 12, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Chairman Davis’ total comp rises to $13.1M - Atlanta Business Chronicle

    The total compensation included a $1 million salary (flat), $9.5 million in stock awards (up 22 percent), $450,807 in option awards (up 3 percent), $566,966 in non-equity incentive plan compensation (up 144 percent) and $1.5 million for change in pension value (up 25 percent). Davis also got $40,732 in other compensation, including a 401 (k) match of $6.125, $7,705 in life insurance, a $5,394 pension benefit, $14,885 for financial planning and $6,623 in health-care benefits.
  2. rod

    rod retired and happy

    With the next contract coming up fast its just about time to start the "oh woe is me---we are broke" routine. --------------------- I'm sure everyone will get a 22% increase.
  3. Bm01555

    Bm01555 New Member

    This makes me sick. This is what outsiders running the company do. Jim Casey is rolling in his grave
  4. Dragon

    Dragon Package Center Manager

    Did he get 3.8 MIP?
  5. InsideUPS

    InsideUPS Active Member

    Thank you Cheryl. Actually we should all be happy that Mr. Davis received such a substantial compensation increase. News like this makes it MUCH easier for our Union negotiators in 2013.

    Interesting to note however....also in the same article.. I'll bet our UPS COO is not happy....

    • Chief Operating Officer David Abney’s total compensation was down 12 percent to $5.1 million.
  6. brownalltheway

    brownalltheway New Member

    Will be lucky to get 2.5 percent.
  7. brownalltheway

    brownalltheway New Member

    Maybe it's the 1 percent getting richer on the back of the workers.
  8. rocket man

    rocket man Well-Known Member

    he deserves it thats nothing compared to some other companies. Look what we make compared to other drivers an people we deliver to
  9. upsgrunt

    upsgrunt Well-Known Member

    He must have turned in LOTS of sales leads!