United Parcel Service CEO David Abney's 2018 pay rises 3% to $15M
United Parcel Service reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
United Parcel Service reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five executives at United Parcel Service received on average a compensation package of $7.9M, a 15% increase compared to previous year.
David P. Abney, Chief Executive Officer, received $15M in total, which increased by 3% compared to 2017. 69% of Abney's compensation, or $10M, was in stock awards. Abney also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $938K in non-equity incentive plan, $1.1M in option awards, $1.2M in salary, as well as $29K in other compensation.
For fiscal year 2018, the median employee pay was $55,417 at United Parcel Service. Therefore, the ratio of David P. Abney's pay to the median employee pay was 272 to one.
Scott A. Price, Chief Strategy and Transformation Officer, received a compensation package of $8.5M. 81% of the compensation package, or $6.9M, was in stock awards.
James J. Barber, Jr, Chief Operating Officer, earned $7M in 2018, a 40% increase compared to previous year.
Richard N. Peretz, Chief Financial Officer, received $4.6M in 2018, which decreases by 1% compared to 2017.
Kevin M. Warren, Chief Marketing Officer, earned $4.4M in 2018.
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David Abney
United Parcel Service
Chief Executive Officer
Richard Peretz
United Parcel Service
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Chief Operating Officer
Scott Price
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Kevin Warren
United Parcel Service