WILMINGTON, Del., May 10, 2018 (GLOBE NEWSWIRE) -- Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accountants. Thirteen directors stood for election to the Board, and all were elected by wide margins.
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 Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, follow @UPS_News on Twitter.
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
Scott Childress, Investor Relations