D. Scott Davis served as the CEO and Chairman of United Parcel Service (UPS) from January 2008 until September 2014. He joined UPS in 1986 and climbed the ranks, eventually becoming Chief Financial Officer before his promotion to CEO. This...

Number of Employees

500K

Year

2014

Total Compensation

$1.94M

Salary

$830.84K

Board Justification

The compensation philosophy aligns with company performance, emphasizing long-term value creation and retention of key executives.

Bonus

$1.08M

Board Justification

The 2014 MIP award was earned at 80% of target based on company performance metrics, prorated for the time served as CEO.

Other

$34.29K

Board Justification

Other compensation includes retirement benefits, life insurance, and financial planning services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2014 as Scott Davis retired in September 2014 and forfeited performance-based equity awards.

Performance Metrics

The performance metrics for 2014 included consolidated revenue growth, earnings per share growth, and package volume growth.

SEC Filing

From March 23, 2015

D. Scott Davis

Ex-CEO of United Parcel Service, Inc.

DS

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1952 - 73 years ago

Is Founder?

No

Tenure

6 years 8 months (Jan 2008 - Sep 2014)

Previous Experience

Joined UPS in 1986, served as Chief Financial Officer and Vice Chairman