Compensation, Davis style

D. Scott Davis Executive Compensation As Chairman and Chief Executive Officer at UNITED PARCEL SERVICE INC, D. Scott Davis made $10,694,321 in total compensation. Of this total $1,049,703 was received as a salary $426,034 was received as a bonus $463,675 was received in stock options, $8,714,617 was awarded as stock and $40,292 came from other types of compensation. This information is according to proxy statements filed for the 2012 fiscal year $10,694,321 in 2012 By my googling I make the lowest exchange rate 1.54, which equates to the princely sum of £6,944,364 That average exchange rate for the year was 1.58, which equates to £6,768,557 That's not bad for being dishonest. I wonder what he'd get if he was being honest? Probably less as this would affect the profits. £7 million eh? Remember that figure The Teamsters say UPS CEO Scott Davis is a prime example of the inequality between what a CEO makes and what the average worker makes. He makes in one hour what a worker makes over the course of a year. "All UPS seems concerned about is profit. UPS hourlies are pushed to their max and real safety concerns do not exist anymore. "UPS ought to put people before profit and employee safety and customer satisfaction first." - See more at: http://www.tdu.org/news/ceos-got-pay-raise-how-about-you#sthash.oCzeuWzM.dpuf