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UPS doubles compensation for CEO

Chief Executive Officer David Abney’s salary grew 104.9% in 2014, according to investment advisor Seeking Alpha.

    Parcel and logistics giant UPS increased the total compensation package for its Chief Executive Officer David Abney 104.9 percent to $8.4 million in 2014, according to a report from Seeking Alpha.
   The investment advisory firm said the majority of the pay increase came in the form of stock awards, but that changes in the company’s long-term compensation plan were also a factor.