UPS Holds Shareowners’ Meeting, Elects Board Members
UPS shareowners also approved the 2018 omnibus incentive compensation plan, which is intended to optimize UPS profitability and growth through annual and long-term incentives that are consistent with the company’s goals.
In other matters, UPS shareowners did not approve proposals to prepare an annual report on lobbying activities, to reduce the voting power of class A stock from 10 votes per share to one vote per share, and to integrate sustainability metrics into executive compensation.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in
UPS routinely posts investor announcements on its web site - www.investors.ups.com - and encourages those interested in the company to check there frequently.
Glenn Zaccara, Public Relations 404-828-4663 Scott Childress, Investor Relations 404-828-7957