WILMINGTON, Del., May 8, 2014 (GLOBE NEWSWIRE) -- Shareowners of UPS (NYSE: UPS) today elected a Board ofDirectors for a one-year term and ratified the appointment ofDeloitte & Touche LLP as the company's independent registeredpublic accountants. Shareowners also approved the proposal to vote,in an advisory basis, to approve the compensation of the NamedExecutive Officers of the company. The shareowners rejected a shareholder proposal that would haverequired additional disclosure concerning the company's governmentaffairs and lobbying activities in excess of current requirements.The Board, which exercises independent oversight of all UPSlobbying and political contributions and expenditures, hadrecommended a "No" vote on the grounds that UPS already haseffective policies for the appropriate disclosure and oversight ofthe company's lobbying and political activities. The shareowners also rejected a shareholder proposal that soughtto require the board to reduce the voting power of Class A stockfrom 10 votes per share to one vote per share. Thirteen directors stood for election to the Board of Directorsand all were elected by substantial margins. The 13 includeChairman Scott Davis; Duane Ackerman; Rodney Adkins; Michael Burns;Stuart Eizenstat; Mike Eskew; Bill Johnson; Candace Kendle; AnnLivermore; Rudy Markham; Clark "Sandy" Randt; Carol Tomé, and KevinWarsh. The appointment of Deloitte & Touche to serve as thecompany's independent auditors for 2014 also was ratified by a widemargin. About UPS UPS (NYSE:UPS) is a global leader in logistics, offering a broadrange of solutions including the transportation of packages andfreight; the facilitation of international trade, and thedeployment of advanced technology to more efficiently manage theworld of business. Headquartered in Atlanta, UPS serves more than220 countries and territories worldwide. The company can be foundon the Web at UPS.com and its corporate blog can be found atblog.ups.com. To get UPS news direct, visitpressroom.ups.com/RSS.
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CONTACT: Andy McGowan, Public Relations 404-828-4663 Joe Wilkins, Investor Relations 404-828-8209