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...

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 at Wharton. Under his leadership, UPS achieved significant growth in global markets, especially in the supply chain sector. He focused on integrating various strategic acquisitions to enhance UPS's services. One standout moment in his career was in 2007 when he earned over $6 million, which masked the tough challenges faced by the company that year, leading to a sharp decline in his compensation to just $198,067 in 2008. He strategically pivoted from stock options towards cash-based compensation, showing his commitment to aligning pay with performance. Eskew also served on the boards of several charitable organizations, like the Annie E. Casey Foundation, which focuses on improving the lives of children. His experience in financial management and operations, combined with his community focus, make him a unique executive in the corporate landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other United Parcel Service, Inc. CEOs

U

Michael L. Eskew

Ex-CEO of United Parcel Service, Inc.

Education

Bachelor's degree in Industrial Engineering from Purdue University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

June 29, 1949 - 75 years ago

CEO of United Parcel Service, Inc. for

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

Rivals

Competitors/colleagues of Michael L. Eskew

F

Rajesh Subramaniam

CEO of FedEx

2023 Compensation

Stock

$2.25M

Salary

$1.45M

Bonus

$0.00

Other

$1.66M

Total Holdings

$34.52M

A

Sundar Pichai

CEO of Alphabet Inc.

2023 Compensation

Stock

$155.42M

Salary

$2.00M

Bonus

$0.00

Other

$6.80M

Total Holdings

$459.19M

A

Andrew R. Jassy

CEO of Amazon

2023 Compensation

Stock

$27.83M

Salary

$365.00K

Bonus

$0.00

Other

$992.76K

Total Holdings

$19.04M

U

Dara Khosrowshahi

CEO of Uber Technologies

2023 Compensation

Stock

$8.27M

Salary

$1.00M

Bonus

$3.17M

Other

$262.99K

Total Holdings

$46.89M

Holdings

See how much did Michael L. Eskew make over time.

Michael L. Eskew has notable interests in various companies, including significant holdings in UPS stock. His wealth peaked around $7 million in 2019 with over 41,640 shares. His strategic approach in managing stocks has reflected a keen understanding of market...

Michael L. Eskew has notable interests in various companies, including significant holdings in UPS stock. His wealth peaked around $7 million in 2019 with over 41,640 shares. His strategic approach in managing stocks has reflected a keen understanding of market trends, allowing him to maintain a substantial position even during volatility. Over the years, Eskew has capitalized on stock options that offered long-term incentives tied to UPS’s performance. His ability to balance corporate strategy with personal investment acumen is evident in his financial portfolio, highlighting his commitment to the company’s success. This is shown by his involvement in various roles that enhanced UPS's growth and profitability during his tenure.

Mar 11, 2025

I

shares

IBM @ $NaN

U

shares

UPS @ $116.26

Total Stock Sold

$17.64M

IBM

$1.23M

8,368 IBM shares

UPS

$16.41M

179,914 UPS shares

What if they kept their stock?

If Michael L. Eskew didn't sell their stock, today they would have:
Extra IBM8,368 shares worth $1.03M and UPS179,914 shares worth $18.57M.
This is 11.09% and $1.96M more than what they got when they sold the stock.

Charitable Transactions

UPS

159,146 shares

UPS

Recent Charitable Transactions

UPS

400 shares

UPS

Mar 28, 2013

Charity

UPS

68,000 shares

UPS

Dec 31, 2012

Charity

UPS

90,048 shares

UPS

Oct 26, 2012

Charity

UPS

350 shares

UPS

Oct 28, 2011

Charity

UPS

174 shares

UPS

Dec 31, 2011

Charity

UPS

174 shares

UPS

Dec 31, 2010

Charity

Insider Trading

See recent insider trades of Michael L. Eskew.

IBM

$529.38K

IBM at $132.35/share

Feb 29, 2016

Sale

IBM

$767.62K

IBM at $191.90/share

Aug 21, 2014

Sale

UPS

$1.17M

UPS at $94.89/share

Jan 31, 2014

Sale

UPS

$632.34K

UPS at $102.27/share

Dec 2, 2013

Sale

UPS

$608.72K

UPS at $98.45/share

Nov 1, 2013

Sale

UPS

$5.97M

UPS at $97.62/share

Oct 28, 2013

Sale

UPS

$590.07K

UPS at $95.45/share

Oct 28, 2013

Sale

UPS

$533.20K

UPS at $86.25/share

Sep 3, 2013

Sale

UPS

$540.68K

UPS at $87.46/share

Aug 1, 2013

Sale

UPS

$543.09K

UPS at $87.85/share

Jul 24, 2013

Sale

Compensation History

See how much did Michael L. Eskew make over time.

Michael L. Eskew's compensation varied significantly during his time at UPS. In 2007, he earned over $6 million, with a hefty base salary and different performance-based bonuses. However, due to the company not meeting its performance metrics and challenging market conditions, his compensation plummeted to about $198,067 by 2008. This shift illustrated a clear move towards aligning executive pay with the company's health. Eskew's pay structure emphasized cash bonuses over stock options as he believed this aligned better with UPS's performance goals. His total earnings included base salary adjustments and retirement savings contributions, reflecting a focus on long-term commitments within corporate governance. This model not only incentivized performance but also aimed to maintain executive stability amidst shifting market demands.

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.

Other United Parcel Service, Inc. CEOs

Here are other CEOs of United Parcel Service, Inc.

D. Scott Davis

Ex-CEO of United Parcel Service, Inc.

January 2008 - September 2014