Edition:
United States

People: United Parcel Service Inc (UPS.N)

UPS.N on New York Stock Exchange

109.21USD
23 Sep 2016
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Abney, David 

Mr. David P. Abney is Chairman of the Board, Chief Executive Officer and Director of the Company. He becomes the 11th chief executive officer in the 107-year history of the company. He began his UPS career in 1974 as a part-time package loader. Over the course of his 40-year career, he held various operational positions leading to his current position. As chief operating officer, Abney had responsibility for UPS logistics, sustainability, and engineering, leading the company's significant investment in alternative fuel fleets, and implementing programs to expand the company's total freight volume. In that role, he directed the UPS transportation network serving more than 200 countries and territories. Prior to becoming chief operating officer, Abney served as president of UPS International where he led the expansion of the company's global logistics capabilities. In that role, Abney oversaw several global acquisitions to expand service capacity and local market presence. His international experience includes leading the logistics and freight divisions in Canada and Latin America as well as heading global freight forwarding and customs brokerage. His other significant assignments over the course of his long-tenured career include serving as president of SonicAir, a same-day delivery service that signaled UPS's move into the service parts logistics sector, and leading the team that completed one of the company's largest acquisitions - the Fritz Companies. A native of Greenwood, he earned his bachelor's degree in business administration from Delta State University. He serves on the Board of Directors of the Delta State University Alumni Foundation. He is also a Trustee of The UPS Foundation, UPS's charitable arm, as well as a member of the Board of Directors of Johnson Controls, Inc., Airlines for America, and the Coalition of Service Industries, which represents service businesses and seeks to lower barriers to world trade.

Basic Compensation

Total Annual Compensation, USD 1,652,240
Restricted Stock Awards, USD 7,900,220
Long-Term Incentive Plans, USD --
All Other, USD 1,739,780
Fiscal Year Total, USD 11,292,200

Options Compensation

  Quantity Market Value
Exercisable 14,989 264,746.00
Unexercisable 28,167 189,265.00
Exercised 28,167 740,001.00