UPS CEO Gets 72% Pay Hike

March 25, 2011: UPS CEO Scott Davis made $10.7 million last year, a 72 percent hike over his total compensation for 2009.

Davis’s pay has quadrupled since 2007. Over the same period, the Hoffa administration has given Davis record givebacks at the bargaining table.

UPS paid Davis $1 million in base salary plus a $232,000 cash bonus. Most of the rest of Davis’s compensation was $7.8 million in stock awards. The estimated value of Davis’s pension grew by $1.2 million. Davis got another $437,514 in option awards.

All these figures come from a proxy statement filed by UPS with the Securities and Exchange Commission.

Get Advice Join TDU Donate

Recent News

Online Workshop: The Legal Rights of Union Stewards

Hundreds of Teamster members joined our webinar on The Legal Rights of Union Stewards with labor attorney Dave Suetholz. Check out a recording of the workshop below, plus workshop slides and resources for grievance investigation.

Important Update on Yellow Corp Bankruptcy

As Yellow Corporation moves to liquidate its assets, the IBT is fighting for former Yellow Teamsters in court to recover vacation pay, grievance settlements, and other monetary claims. Teamster benefit funds are also demanding full payment. 

View More News Posts