Carol Tome Net Worth – How Much Does She Earn?

Carol Tome is the chief executive officer of United Parcel Service (UPS). Her salary is a whopping $1,250,000 per year ($104,167 per month). In addition to her base salary, she also receives a Management Incentive Program target award of 165% of her base salary; Long-Term Incentive Performance program target award of 735% of her base salary; and a stock option grant of 90% of her base salary.

Before becoming CEO of UPS, Tome served in various leadership roles at Home Depot. She began her career at the company in 1995 as Vice President and CFO. She was also a director of banking at Johns-Manville Corporation and VP and treasurer of Riverwood International Corp of Atlanta. She attended the University of Denver for her MBA and earned a bachelor’s degree in communication from the University of Wyoming.

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As the CEO of UPS, Tome is in charge of a massive enterprise that’s constantly evolving and adapting to meet consumer demands. She inherited a company that was behind on technology and delivery times and had been slow to acknowledge Amazon as a competitor, but she’s changed all that since taking the helm in 2019. In addition to accelerating growth and improving efficiency, she has made it her mission to increase female representation at UPS.

Tome has a strong background in corporate finance and strategic business development, including ecommerce strategy. She has been a leader in implementing innovative new technologies that improve customer service and drive revenue. She has also been an advocate for employee empowerment and engagement, which has resulted in increased productivity and job satisfaction.

As a dedicated volunteer, she serves on the board of directors for The Committee of 200 and the Atlanta Botanical Garden. She’s also a member of The Atlanta Women’s Giving Network and a trustee of several Fidelity funds.

Carol Tome has donated to national Republicans set on gutting union protections, but she’s also contributed to Democratic candidates and groups supporting voting rights, especially in Georgia, where UPS is headquartered.

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She grew up hunting and fishing in the Wyoming mountains, where her family taught her to be independent. She credits her parents and grandmothers for instilling confidence in her that she could accomplish anything in life. That same spirit drives her as she leads a team of people who deliver the world’s most important and valuable goods. As she makes her mark on the business world, she continues to be an inspiration to women and people of all backgrounds.