UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It.

[cheryl]

UPS Stock Is Slumping. New CEO Carol Tome Bought a Large Block of It. - Barron's

United Parcel Service stock has tumbled this year in the chaos of the coronavirus pandemic, but Carol Tome, the logistics giant’s new CEO, bought a large block of shares.

UPS stock sports a year-to-date loss of 8.9%. First-quarter earnings disappointed, although sales topped expectations. The company’s drivers are traveling farther and making more stops for lower-margin home deliveries, hammering margins.

 

[trickpony1]

bought a large block of shares.

She's not stupid.
Get while the gettin' is good.
She probably has no idea how much money she has.

 

[Pankie]

Every CEO of a new company buys shares. That's just the way it's done.

 

[Pankie]

https://www.bizjournals.com/bizwomen/news/latest-news/2020/03/heres-how-much-ups-will-pay-new-ceo-carol-tom.html#:~:text=In%202018%20as%20chief%20financial,and%20stock%20award%20of%20%243%2C162%2C729

.

 

[rod]

https://www.bizjournals.com/bizwomen/news/latest-news/2020/03/heres-how-much-ups-will-pay-new-ceo-carol-tom.html#:~:text=In%202018%20as%20chief%20financial,and%20stock%20award%20of%20%243%2C162%2C729

.

That is a hell of a good sarary package for a company that is in total caous

 

[Pankie]

That is a hell of a good salary package for a company that is in total chaos...

She does have finance experience and was on the Board of Directors....the way this company is run, I only hope that she can perform miracles...

 

[NAHimGOOD]