UPS CEO earns $9.5 million for 2010 - CBS
The chairman and chief executive of United Parcel Service Inc. received total compensation last year valued at $9.5 million, a 73 percent jump from 2009, according to an analysis by The Associated Press.
Scott Davis, 58, received a base salary of $1 million in 2010, the same as the year before, according to a filing Monday with the Securities and Exchange Commission. The bulk of his compensation, though, was in the form of stock awards. Davis' stock was worth about $7.8 million at the end of last year, more than double the $3.9 million his shares were worth at the end of 2009.
The chairman and chief executive of United Parcel Service Inc. received total compensation last year valued at $9.5 million, a 73 percent jump from 2009, according to an analysis by The Associated Press.
Scott Davis, 58, received a base salary of $1 million in 2010, the same as the year before, according to a filing Monday with the Securities and Exchange Commission. The bulk of his compensation, though, was in the form of stock awards. Davis' stock was worth about $7.8 million at the end of last year, more than double the $3.9 million his shares were worth at the end of 2009.
