Michael L. Eskew, former Chairman and CEO of United Parcel Service (UPS), has a long history with the company, having joined in 1972. Eskew holds a bachelor's degree in Industrial Engineering from Purdue University and completed the Advanced Management Program...

Current Market Cap

$113.96B

Number of Employees

500K

Total Compensation

2004 - 2008

Trending down by -85.36% last year
Showing total compensation for the last 2004 - 2008

Stock

Down by -100.00% last year

Salary

Down by -83.24% last year

Bonus

Down by -100.00% last year

Other

Down by -86.82% last year

Year

2008

Total Compensation

$198.07K

Salary

$172.00K

Board Justification

The compensation philosophy emphasizes aligning executive pay with company performance and shareholder interests, focusing on long-term retention and performance incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2008 due to company performance not meeting expectations.

Other

$26.07K

Board Justification

Other compensation includes a 401(k) matching contribution, imputed income of life insurance premiums, imputed income on the Restoration Plan Rollover Option, and financial planning services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2008 as the focus is on cash compensation and performance-based awards.

Performance Metrics

Performance metrics for 2008 included revenue growth, earnings per share growth, and operational efficiency, which were not met.

SEC Filing

From March 13, 2009

Michael L. Eskew

Ex-CEO of United Parcel Service, Inc.

ML

Education

Bachelor's degree in Industrial Engineering from Purdue University

Field of Expertise

Technology & Engineering - Engineering

Born

June 29, 1949 - 75 years ago

Is Founder?

No

Tenure

6 years 0 months (Jan 2002 - Jan 2008)

Previous Experience

Joined UPS in 1972, held various positions including Vice President of Industrial Engineering, and Group Vice President of Engineering

View Holdings

Insider Holdings of Michael L. Eskew

IBMUPS

$34.26M

-$40.68M (-54.29%)

Last Insider Trade

MMM

$43.75K

MMM at $96.81/share

May 3, 2024

Received