FedEx/UPS CEO comparison
 

FedEx Fred Smith:
2004 Salary + Bonus = $3,886,300
% change from 2003 = 74.5%
Stock option gains = $30,963,500
Stock option grants = $6,740,000
Total shareholder return 1 year = 15.4%
FedEx 2004 revenues = $24,700,000 (4.8% profit margin)

UPS Michael Eskew:
2004 Salary + Bonus = $1,362,500
% change from 2003 = 12.2%
Stock option gains = $1,665,300
Stock option grants = $679,800
Total shareholder return 1 year = 16.4%
UPS 2004 revenues = $36,582,000 (9.2% profit margin)

sources: WSJ, company reports

I bet this has changed a bit since Scott D. took the helm ......:eek:

six year old data?

Regardless, I don't think you'll find many FedEx guys who don't think that Fred Smith is worth every penny of that, whereas, from what I'm reading from our UPS brothers/sisters, all your managers are quite overpaid. Besides, Mr. Eskew was only CEO for eight years, whereas Mr. Smith has not only been the CEO since 1971, but also happens to be the founder of our amazing company.

JJ

It was a 5 yr old posted message that got revived!

Excellent usage of the search function. :)

Don't know about the FedEx managerial culture, but at UPS you are a dirtbag anew every morning. Fear, intimidation, sudden moves and reassignments are all part of the game.

Well, let's go to the source and see what our "friend" Chuck Turpen has to say in reference to management versus regular line dogs:

http://www.airlinepilotforums.com/745184-post13.html

emphasis mine!

That's so chucking hilarious :)

UPS has no flight dep't for upper management unlike Fred.

I realize it's old data, but I still have to laugh at the same old "wealth envy" or whatever you want to call it when you compare the salary of a hired CEO vs the salary of the founder and largest single owner of the company (i.e. the one who put his own capital at risk to make this endeavor work).

That being said, I think the original poster was likely trying to demonstrate the change from the 2005 numbers.

Fred smith to fedex is what jim casey was to ups so to compare Eskew or Davis to Fred is apples and peanuts.

The one reason FDX will never have work disruptions or lol and behold a Strike, is because over Half of the Pilots at FDX would wipe Fred's --- if asked to. They think he is God! And I know many of them, and they love the man. It's almost like worship. It's kinda of crazy for me to listen to, since I think totally different about UPS and our CEO.


But I also have friends at SWA, that come out of the School House like Robots. They were hard core strike at the drop of a hat individuals, but come out cheering about SWA daily. Weak-

We'll never get significant gains in our Contracts with this kind of thinking. (SWA). Just like FDX did last time. Took our contract and basicially matched it. Should be interesting this time around since they go first.

Funny, you mock either what you do now know or are jealous of, which is it? The admiration you see from either FedEx employees or Southwest employees is likely the appreciation of working for someone who has a vested interest in the organization and is more likely to do what is best for the organization as a whole. In general; when the organization wins, the employees win. It's called a symbiotic relationship. At least, the FedEx and Southwest employees are able to differentiate from relations with middle-management and the role of a CEO.

You are too jaded to see that there is a difference between a CEO who takes a job and a CEO who takes ownership and pride in his creation.

Ummmm....yeah......

you're right......it was FedEx's "middle managers" who signed and sent out those red letters back when.....right?

Fred Smith would never do something like that to his beloved employees.

:eek:

"You are too jaded to see that there is a difference between a CEO who takes a job and a CEO who takes ownership and pride in his creation".

*** r u talking about? Re-read slowly. I know the difference. I never brought up the two. That was an earlier post. What I was saying is at FDX and SWA there are many who will never push the envelope. They will never Strike. They will never push for gains to better our profession. Because it goes against there love for there company and in perticular, FDX pilots love for Fred Smith.

Which to me as a strong union member, is not good. Just like SWA last year, I have very little hope you guys can get on the same page, and get significant inprovements in your contract or pay. It will be up to us. Again.

Because like I said, many over there worship Fred Smith.

So are you in the over half the Fedex Pilots would wipe fred's ____ camp?

Just because you don't admire some of his actions does not mean you don't think the guy is worth every penny he votes himself. While I would not wipe his ____, I would definitely offer him a pint of blood if it helped keep his ____ in the CEO chair.

LAG....LAG....LAG.....you really shouldn't open the bottle this early in the day....clouded judgement and incoherence and all.....

allow me to connect the dots (again) for you.....(read a little sllllooowwweerrr this time)

This guy accused FedEx pilots of being willing to do anything for FS due to their love/worship of him.....

Offended FedEx pilot (who, evidently does love/worship FS) tried to blame the "disdain and abuse all pilots" nature and actions on "middle management" - and gave FS a pass on his actions (past, present, and future) as all being what's "best for the organization as a whole"

forgetting some of FS's actions (specifically towards the pilots) in the past that contradict this feeling of love and admiration.

I step in to attempt to remind said FedEx pilot (and others who might harbor the same love/worship for FS) of FS's past "indiscretions"

using sarcasm, I state - it was the "middle managers" and not FS who wrote the red letters.....and FS "would never", when in fact it WAS FS who was the author of said red letters.....

starting to gel for ya now?

I'm not in the FS _____ - wiping camp. No.

I think those who are (and, as Commando said, there are a LOT of them at FedEx - A LOT!!) tend to forget about the past and FS's disdain for the pilots due to the overall success of the company (red letter days.)

I would neither wipe his ____ nor offer him a pint of my blood.

How you got that from what I posted, I don't know.

Also....not very becoming to profess in a public forum so much love for another man (not a blood relative) that you would give your life blood for him.....what's up with that??!!

I think that's exactly the mentality that Commando was describing.

Yeah I got the connections to the posts. Didn't need the recap, but thanks.

Here is how I saw it. Commando thinks > half the pilots are willing to do "anything" for Fred.

Living in Mem thinks Fred one heck of a CEO and maybe Commando is a little jealous. Hard to tell, who knows who Commando works for but I smell a little jealousy in Commandos post.

AFW Thinks Living in Mem deaf dumb and Blind. Could play pinball.

Lag thinks Commando was out of line and agrees that FWS is a heck of a CEO.

AFW thinks LAG has been watching NASCAR and drinking beer. OK if you say so. But FWS is a heck of a CEO and it is not his fault ALPA failed to produce all the contracting costing models promised when they were campaigning to replace FPA. In other words just because he kicks our ___ does not mean he is at fault. Some of that blame must fall on us.

Newer (2008) Data here: D. Scott Davis Profile - Forbes.com

WoW.

Some one who gets my point of reviving this post.

Yes the Data is old but to see what it looks like today would be interesting. Just too lazy to look to be honest....:(

Maybe they'd wipe it because they think his doesn't stink!

He may be a smart businessman...But, he's certainly no friend of mine. Not that I'd do that for ANY friend of mine.

What I said was that it's funny that people complain about how much the person who started the company and guided it to what it is today gets compensated. As if these wealth-envious would do any differently.

I also said that, in general, working for the CEO/President that started and grew the company is better because they have more invested (emotionally and capital) and are less likely to divest the company, etc. Ask those who worked for Frank Lorenzo, the founder will only go so far to win - it isn't just another job for the founder.

Last, it was clear that most of the effects that we are seeing today are the result of middle management. I don't think that Fred has the time to weigh in on whether the ACP should be trying to catch someone screwing up a voucher. I didn't say that he never gets involved if the consequences are high enough, and I never said he was perfect. That was read into the posts by those who have this insurmountable jealousy for the success of others, I suppose - those who think that any acknowledgment of them is akin to wiping their a**. By the way, you don't grow a compnay the size of FedEx by being a bad CEO - despite some dropped balls (red letter) here and there.

No doubt we are in 98% agreement on the subject. Not sure why you replyed to mine when this was directed at you.


Sorry I missed this the 1st time. Wow I was going to say I would offer you a pint if you had a need, because that is the type of guy I am. But I wouldn't want anyone to think I was gay so forget it. How about if Al Quaeda is storming the World HQ, do you hate the man enough to wait half a tic before calling the cops?

Fred is the man. He built the company from ground up and is worth every penny. He's been the highest paid airline CEO for some time now.

It is his company...I think fairly modest compensation all things considered. A-Rod makes more. I would like it a lot more if he put the kabosh on 4A2B.