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Total compensation for UPS CEO doubles in 2014
Mar 24 2015, 07:43 ET | By: Clark Schultz, SA News Editor
Age: 59
Director since: 2014
Other Public Company Boards
- Johnson Controls, Inc.
UPS Chief Executive Officer
Skills and Experience
- Leadership- Management of large, complex businesses
- Logistics expertise
Board Committee
- Executive
Career
David became UPS’s Chief Executive Officer on September 1, 2014. David previously served as Chief Operating Officer since 2007, overseeing logistics, sustainability, engineering and all facets of the UPS transportation network. Before serving as COO, David was President of UPS International, leading the company’s strategic initiative to increase its global logistics capabilities. During his career, he was also involved in a number of global acquisitions that included the Fritz Companies, Stolica, Lynxs, and Sino-Trans in China. Earlier in his career, he served as President of SonicAir, a same-day delivery service that signaled UPS’s move into the service parts logistics sector. David began his UPS career in 1974 in Greenwood, Mississippi.
In addition to his corporate responsibilities, David serves as a Trustee of The UPS Foundation and chairman of the World Affairs Council of Atlanta. He is also a member of the President’s Export Council, the Board of Directors of Johnson Controls, and the Business Roundtable.
Reasons for election to the UPS Board
David has a thorough understanding of our strategies and operations gained through his over 40 years of service to our Company, a complex, global business enterprise with a large, labor intensive workforce. He has significant experience in operations, having served as our chief operating officer for seven years, including in depth knowledge of logistics. He also has significant international experience, having spent a number of years overseeing our international group. In addition, David has experience serving as a director of Johnson Controls, a global diversified technology and industrial company serving customers in more than 150 countries.
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Notice of Annual Meeting of Shareowners and 2015 Proxy Statement
Mar 24 2015, 07:43 ET | By: Clark Schultz, SA News Editor
- The total compensation package for UPS (NYSE:UPS) CEO David Abney rose 104.9% to $8.4M in 2014.
- The bulk of the increased pay for the exec was in stock awards.
- Changes in the company's long-term compensation plan also factored in.
- SEC Form 14A
Age: 59
Director since: 2014
Other Public Company Boards
- Johnson Controls, Inc.
UPS Chief Executive Officer
Skills and Experience
- Leadership- Management of large, complex businesses
- Logistics expertise
Board Committee
- Executive
Career
David became UPS’s Chief Executive Officer on September 1, 2014. David previously served as Chief Operating Officer since 2007, overseeing logistics, sustainability, engineering and all facets of the UPS transportation network. Before serving as COO, David was President of UPS International, leading the company’s strategic initiative to increase its global logistics capabilities. During his career, he was also involved in a number of global acquisitions that included the Fritz Companies, Stolica, Lynxs, and Sino-Trans in China. Earlier in his career, he served as President of SonicAir, a same-day delivery service that signaled UPS’s move into the service parts logistics sector. David began his UPS career in 1974 in Greenwood, Mississippi.
In addition to his corporate responsibilities, David serves as a Trustee of The UPS Foundation and chairman of the World Affairs Council of Atlanta. He is also a member of the President’s Export Council, the Board of Directors of Johnson Controls, and the Business Roundtable.
Reasons for election to the UPS Board
David has a thorough understanding of our strategies and operations gained through his over 40 years of service to our Company, a complex, global business enterprise with a large, labor intensive workforce. He has significant experience in operations, having served as our chief operating officer for seven years, including in depth knowledge of logistics. He also has significant international experience, having spent a number of years overseeing our international group. In addition, David has experience serving as a director of Johnson Controls, a global diversified technology and industrial company serving customers in more than 150 countries.
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