United Parcel Service Executive Compensation (FY25)

Name: United Parcel Service (UPS) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

UPS · Atlanta, GA · Executive and director compensation, fiscal 2022 to 2025

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Data as of September 7, 2026Latest filing (8-K): May 11, 2026

14 filings cited on this page

Method: intel.velarion.ai/methodology

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Published by Velarion Company Intelligence

United Parcel Service brief$1,500Get the executive brief

334 figures on this page: 326 cited to the filing that reported them, 8 calculated from figures it prints. See the citations

Chief executive, fiscal 2025

◇

Carol Tomé

Latest say-on-pay support

May 7, 2026

Chief executive pay ratio

◇

To the median employee

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive total compensation — Carol Tomé: $24,063,977 → $22,878,788 (4.9% lower)

CEO pay ratio: 436:1 → 345:1 (20.9% lower)

Frequently asked questions

Answers drawn from the data on this page.

Who is United Parcel Service's chief executive and what were they paid?

Carol Tomé, Chief Executive Officer, received $22,878,788 in total compensation for fiscal 2025. Compared with the $24,063,977 reported for fiscal 2024, Tomé's total was 4.9% lower.

What was United Parcel Service's say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 83.6% of votes cast including abstentions in favor at the meeting held May 7, 2026.

Which companies are in United Parcel Service's peer group?

Companies named in the disclosed peer group include AT&T, Inc., Caterpillar Inc., Cisco Systems, Inc., Comcast Corporation and Deere & Company, among others.

What is United Parcel Service's chief executive pay ratio?

The company reported a chief executive pay ratio of 345:1 for fiscal 2025, against median employee compensation of $66,268.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Carol Tomé Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Brian Newman Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇
Kate Gutmann Executive Vice President and Chief Sales and Solutions Officer	◇	—	◇	◇	◇	—	◇	◇
Nando Cesarone Executive Vice President and President, International	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Carol Tomé Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Kate Gutmann President International, Healthcare and Supply Chain Solutions	◇	—	◇	◇	◇	◇	◇	◇
Brian Newman Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇
Nando Cesarone President U.S. and UPS Airline	◇	—	◇	◇	◇	—	◇	◇
Bala Subramanian Chief Digital and Technology Officer	◇	◇	◇	◇	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Carol Tomé Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Brian Newman Former Chief Financial Officer Departed during or after this year	◇	—	◇	◇	◇	—	◇	◇
Kate Gutmann President International, Healthcare and Supply Chain Solutions	◇	—	◇	◇	◇	—	◇	◇
Nando Cesarone President U.S. and UPS Airline	◇	—	◇	◇	◇	—	◇	◇
Bala Subramanian Chief Digital and Technology Officer	◇	◇	◇	◇	◇	—	◇	◇
Brian Dykes Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Carol Tomé Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Kate Gutmann President International, Healthcare and Supply Chain Solutions	◇	—	◇	◇	◇	◇	◇	◇
Nando Cesarone President U.S. Operations and Airline	◇	—	◇	◇	◇	—	◇	◇
Brian Dykes Chief Financial Officer	◇	—	◇	◇	◇	◇	◇	◇
Bala Subramanian Chief Digital and Technology Officer	◇	—	◇	◇	◇	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Bala Subramanian	PSU	◇	—	◇	—	◇	—	◇
Bala Subramanian	RSU	◇	—	—	◇	—	—	◇
Bala Subramanian	OPTION	◇	—	—	◇	—	◇	◇
Brian Dykes	RSU	◇	—	—	◇	—	—	◇
Brian Dykes	PSU	◇	—	◇	—	◇	—	◇
Brian Dykes	OPTION	◇	—	—	◇	—	◇	◇
Carol Tomé	Equity	◇	—	—	—	—	—	◇
Carol Tomé	Equity	◇	—	—	—	—	—	◇
Kate Gutmann	PSU	◇	—	◇	—	◇	—	◇
Kate Gutmann	RSU	◇	—	—	◇	—	—	◇
Kate Gutmann	Equity	◇	—	—	—	—	—	◇
Nando Cesarone	OPTION	◇	—	—	◇	—	◇	◇
Nando Cesarone	RSU	◇	—	—	◇	—	—	◇
Nando Cesarone	PSU	◇	—	◇	—	◇	—	◇

Fiscal 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Nando Cesarone	Option	◇	—	◇	2/10/2031
	Option	◇	—	◇	3/22/2033
	Option	◇	—	◇	3/23/2032
	RSU	◇	◇	—	—
	Option	◇	—	◇	3/20/2034
	Option	◇	—	◇	5/9/2035
	PSU	◇	◇	—	—
Bala Subramanian	PSU	◇	◇	—	—
	Option	◇	—	◇	3/20/2034
	Option	◇	—	◇	5/9/2035
	RSU	◇	◇	—	—
	Option	◇	—	◇	3/22/2033
Kate Gutmann	Option	◇	—	◇	2/10/2031
	Option	◇	—	◇	3/23/2032
	Option	◇	—	◇	3/22/2033
	Option	◇	—	◇	5/9/2035
	Option	◇	—	◇	3/25/2031
	RSU	◇	◇	—	—
	Option	◇	—	◇	3/20/2034
	PSU	◇	◇	—	—
Brian Dykes	Option	◇	—	◇	3/20/2034
	Option	◇	—	◇	3/22/2033
	Option	◇	—	◇	3/23/2032
	Option	◇	—	◇	2/10/2031
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	5/9/2035
Carol Tomé	Option	◇	—	◇	3/20/2034
	Option	◇	—	◇	3/22/2033
	Option	◇	—	◇	2/10/2031
	RSU	◇	◇	—	—
	Option	◇	—	◇	5/9/2035
	Option	◇	—	◇	3/23/2032

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Bala Subramanian

Chief Digital and Technology Officer · Severance agreement

Non-compete period	◇
Non-solicit period	◇

Brian Dykes

Chief Financial Officer · Severance agreement

Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Kate Gutmann

President International, Healthcare and Supply Chain Solutions · Severance agreement

Severance multiple	◇
Change-in-control trigger	◇
Benefits continuation	◇
Excise tax treatment	◇
Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Nando Cesarone

President U.S. Operations and Airline · Severance agreement

Severance multiple	◇
Change-in-control trigger	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
William Johnson Board chair	◇	◇	—	—	—	—	◇
Eva Boratto	◇	◇	—	—	—	—	◇
Christiana Smith Shi	◇	◇	—	—	—	—	◇
Rodney Adkins	◇	◇	—	—	—	—	◇
Kevin Clark	◇	◇	—	—	—	—	◇
Russell Stokes	◇	◇	—	—	—	—	◇
Kevin Warsh	◇	◇	—	—	—	—	◇
Angela Hwang	◇	◇	—	—	—	—	◇
Kate Johnson	◇	◇	—	—	—	—	◇
Franck Moison	◇	◇	—	—	—	—	◇
Wayne Hewett	◇	◇	—	—	—	—	◇
John Morikis	◇	◇	—	—	—	—	◇
Michael Burns	◇	—	—	—	—	—	◇

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Audit committee chair	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

AT&T, Inc. T
Caterpillar Inc. CAT
Cisco Systems, Inc. CSCO
Comcast Corporation CMCSA
Deere & Company DE
FedEx Corporation FDX
Intel Corporation INTC
Johnson & Johnson JNJ
Lockheed Martin Corporation LMT
Lowe's Companies, Inc. LOW
McDonald's Corp. MCD
PepsiCo, Inc. PEP
Target Corp. TGT
The Boeing Company BA
The Home Depot, Inc. HD
The Procter & Gamble Company PG
Walmart, Inc. WMT

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	May 7, 2026	=	◇	◇	◇
2024	May 8, 2025	=	◇	◇	◇
2023	May 2, 2024	=	◇	◇	◇
2022	May 4, 2023	=	◇	◇	◇
2021	May 5, 2022	=	◇	◇	◇
2020	May 13, 2021	=	◇	◇	◇
2019	May 14, 2020	=	◇	◇	◇
2016	May 4, 2017	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

What this page does not include

Everything above is a fact United Parcel Service disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where United Parcel Service sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $1,500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $1,500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $1,200

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

Inquire about access

Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

334 figures on this page: 326 cited to the filing that reported them, 8 calculated from figures it prints.

326 cited to the filing

8 calculated from the filing

Documents cited

8-K, filed May 11, 2026
0001628280-26-033522
Item 5.07. Submission of Matters to a Vote of Security Holders.
DEF 14A, filed March 19, 2026
0001628280-26-019856
2025 Director Compensation and Outstanding Stock Awards · 2025 Outstanding Equity Awards at Fiscal Year-End · 2025 Summary Compensation Table · CEO Pay Ratio · and 2 more sections
DEF 14A, filed June 25, 2025
0000950170-25-089734
Grants of Plan-Based Awards
8-K, filed May 12, 2025
0001090727-25-000051
Item 5.07. Submission of Matters to a Vote of Security Holders.
DEF 14A, filed March 17, 2025
0001090727-25-000038
2024 Summary Compensation Table
8-K, filed May 6, 2024
0001090727-24-000031
EX-10, filed March 31, 2024
0001090727-24-000028
DEF 14A, filed March 18, 2024
0001090727-24-000018
2023 Summary Compensation Table
8-K, filed May 9, 2023
0001090727-23-000029
DEF 14A, filed March 20, 2023
0001090727-23-000015
Summary Compensation Table
8-K, filed May 10, 2022
0001090727-22-000025
8-K, filed May 19, 2021
0001090727-21-000026
8-K, filed May 18, 2020
0001090727-20-000025
8-K, filed May 8, 2017
0001193125-17-162609

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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

Both reports for $2,400.

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14 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Peers United Parcel Service discloses

The companies named in UPS's own disclosed peer group.

AT&T, Inc.Caterpillar Inc.Cisco Systems, Inc.Comcast Corporation Deere & Company FedEx Corporation Intel Corporation Johnson & Johnson Lockheed Martin Corporation Lowe's Companies, Inc.McDonald's Corp.PepsiCo, Inc.Target Corp.The Boeing Company The Home Depot, Inc.The Procter & Gamble Company Walmart, Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}