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This question is about UPS salaries.
What is the salary of the CEO of UPS?
The base salary for the CEO of UPS was $1,336,251 per year in 2021 with total compensation of $27,620,893. UPS announced that it would pay Carol Tome, the new CEO, an annual base salary of $1,336,251. She would also receive a Management Incentive Program target award valued at 165% of her base salary.
Tome will also have a Long-Term Incentive Performance program target award valued at 735% of her base salary and a stock option grant valued at 90% of her base salary. She will also be eligible for 30 days of vacation and 5 personal days per year.
Time was set to replace the former CEO David Abney, who was retiring after 46 years at UPS. At the time of his retirement, Dabney received total compensation of $15,060,876, including a salary of $1,234,992 and stock awards of $10,459,956.
As part of the transition agreement, Dabney continued to receive his current base salary through December 31, 2020 and received a 2020 Management Incentive Program target award that was valued at 165% of his base salary. He also received a 2020 Long-Term Incentive Performance program target award valued at 300% of his base salary.
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