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After a brief retirement, she was announced Chief Executive Officer Elect of UPS, where she had been a member of the board of directors since 2003. [14] In 2020 she became Chief Executive Officer of UPS. [15] [16] In 2023, Tomé's total compensation from UPS was $23.4 million, representing a CEO-to-median worker pay ratio of 436-to-1. [17]
While CEO of UPS in 2008, his first year in the role, Davis earned a total compensation of $5.2 million, which included a base salary of $960,000 and various bonuses and other compensation. [6] In 2012, he received stock worth $8.7 million as CEO and chairman of UPS, down 7% from the $9.5 million in 2011.
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
UPS plans to cut 12,000 mostly management positions. By 2026, the company aims to grow revenue to between $108 million and $114 billion, and an operating margin above 13%.
Unionized UPS workers have accepted a new five-year contract that the company’s CEO claims will see delivery drivers earn an average of $170,000 in annual pay and benefits by the end of the five ...
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UPS Capital was created in 1998 as a financial services division within UPS. UPS Capital at first leveraged an existing UPS product, collect on delivery (C.O.D.), as its core service offering, but the traditional C.O.D. model was improved with financial benefits designed to help accelerate and secure the flow of funds between UPS shippers and their customers. The success of these enhancements ...
Profit at United Parcel Service Inc. is rising partly because next-day and second-day deliveries in the U.S. are booming. UPS Chairman and CEO David Abney, 64, spoke recently with The Associated ...