UPS chief executive in 2012 wages drop

According to the Associated Press reported recently, UPS to pay their chief executive D. Scott Davis in 2012 salary of $10700000, fell by 7% in the year, most of the rewards are given in the form of stock.
UPS said, incentives such as decline, are failing to achieve revenue growth target. Davis in stock awards of $8700000 in 2012, its stock awards nearly $9500000 in 2011. In addition, Davis also get stock options about $460000 in 2012, about a cash prize of $420000, and other compensation of about $40000.
In 2012, due to the pension and other one-time project costs, resulting in UPS's net income fell 79%, to $807000000, the lowest total since 2008.
MYEX min Asia International Express
2013-04-03