In 2023, David P. Abney earned $1.61M in total compensation at United Parcel Service, Inc., primarily from $1.51M salary. Most recently sold 1,264 shares in Aug 2020. Currently holds stock worth $30.66M. Has donated $8.54M in stock to charitable causes. Has led United Parcel Service, Inc. for over 11 years.
Compensation History
Annual executive compensation data for David P. Abney, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.61M
Salary
$1.51M
Bonus
$0.00
Other
$95.67K
Salary
$1.51MBoard Justification
The compensation philosophy emphasizes performance-based pay that aligns with the long-term interests of shareholders, with a significant portion of total compensation being at risk based on company performance.
Bonus
$0.00Board Justification
No bonus was awarded for the year 2023 as per the Management Incentive Program.
Other Compensation
$95.67KBoard Justification
Other compensation includes contributions to retirement plans, life insurance premiums, and financial planning services.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the focus was on performance-based compensation and stock options.
Performance Metrics
The performance metrics for determining compensation included revenue growth, adjusted operating profit, and adjusted return on invested capital.
David P. Abney
CEO of United Parcel Service, Inc.
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1956 - 69 years ago
CEO of United Parcel Service, Inc. for
11 years 3 months (Sep 2014 - Present)
Previous Experience
Joined UPS in 1974, held various operational positions including President of UPS Airlines and Senior Vice President of UPS International
Other United Parcel Service, Inc. CEOs
Holdings
Track David P. Abney's stock holdings and portfolio value over time.
Total Stock Sold
$10.05M
$10.05M
62,700.209 UPS shares
What if they kept their stock?
If David P. Abney didn't sell their stock, today they would have:
Extra UPS62,700.209 shares worth $5.94M.
This is -40.87% and $4.11M less than what they got when they sold the stock.
Charitable Transactions
90,171.622 shares
UPS
Recent Charitable Transactions
6,182.622 shares
UPS
Dec 31, 2019
Charity
5,950 shares
UPS
Dec 31, 2018
Charity
5,708 shares
UPS
Dec 31, 2017
Charity
21,623 shares
UPS
Dec 31, 2016
Charity
7,387 shares
UPS
Dec 31, 2015
Charity
7,138 shares
UPS
Jan 1, 1901
Charity
Insider Trading
David P. Abney's recent stock transactions, purchases, and sales filed with the SEC.
$201.85K
UPS at $159.69/share
Aug 27, 2020
Sale
$9.87M
UPS at $160.57/share
Aug 27, 2020
Sale
6,182.622 shares
UPS
Dec 31, 2019
Charity
5,950 shares
UPS
Dec 31, 2018
Charity
5,708 shares
UPS
Dec 31, 2017
Charity
3,797 shares
JCI
Mar 9, 2017
Received
21,623 shares
UPS
Dec 31, 2016
Charity
5,661 shares
JCI
Sep 2, 2016
Received
7,387 shares
UPS
Dec 31, 2015
Charity
7,138 shares
UPS
Jan 1, 1901
Charity
Rivals
Compare David P. Abney with competitor CEOs and industry peers.
Rajesh Subramaniam
CEO of FedEx
2023 Compensation
Stock
$2.25M
Salary
$1.45M
Bonus
$0.00
Other
$1.66M
Total Holdings
$10.19M
Sundar Pichai
CEO of Alphabet Inc.
2024 Compensation
Stock
$51.70M
Salary
$2.02M
Bonus
$0.00
Other
$8.30M
Total Holdings
$399.66M
Andrew R. Jassy
CEO of Amazon
2024 Compensation
Stock
$38.48M
Salary
$365.00K
Bonus
$0.00
Other
$1.23M
Total Holdings
$2.14M
Dara Khosrowshahi
CEO of Uber Technologies
2024 Compensation
Stock
$21.87M
Salary
$1.00M
Bonus
$2.88M
Other
$973.96K
Total Holdings
$4.24M