Michael L. Eskew

DEFINITION of 'Michael L. Eskew'

The CEO and chairman of United Parcel Service (UPS) from 2002 to 2007. Michael L. Eskew was born in Indiana in 1949, joined the company in 1972 as an industrial engineer and worked his way up to various vice presidential positions before achieving the company's top leadership role. He succeeded James P. Kelly as CEO and was succeeded by Scott Davis.

BREAKING DOWN 'Michael L. Eskew'

Eskew has also been a board member of 3M, Eli Lilly and IBM and a trustee of The UPS Foundation and The Annie E. Casey Foundation. While in charge at UPS, Eskew's accomplishments included major contributions to global expansion and reorganizing the company's delivery network, also he also spearheaded the company's own airline.

RELATED TERMS
  1. Michael Eisner

    A former CEO of Walt Disney from 1984 to 2005. Michael Eisner ...
  2. Regulation L

    One of the regulations set forth by the Federal Reserve. Regulation ...
  3. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  4. C. Michael Armstrong

    A former CEO and chairman of AT&T from 1997 until he resigned ...
  5. L

    The fifth character added to a stock symbol listed on the Nasdaq ...
  6. Kenneth I. Chenault

    The chairman and CEO of American Express. Chenault joined the ...
Related Articles
  1. Professionals

    America's Top CEOs and Their College Degrees

    You might expect all of America's top CEOs to have a business degree from an Ivy League school, but they hail from a variety of academic backgrounds.
  2. Investing

    What CEOs Actually Do

    CEOs are responsible for the overall operation of a business, and are usually elected by shareholders and the board of directors.
  3. Investing News

    L Brands Stock Rise on Earnings Beat (LB)

    “We delivered record results in a year when many retailers struggled," said CEO Leslie Wexner in a statement.
  4. Professionals

    The Path To Becoming A CEO

    Think you have what it takes to be chief executive? Find out what those at the top have in common.
  5. Economics

    How Leadership Impacts Investments

    Investors often overlook a company’s leadership when evaluating an opportunity, but it’s an important quality to consider.
  6. Investing News

    The 5 Highest Paid Executives in The Financial Sector (JPM, C)

    Learn who the highest paid executives in the financials sector are and how they became some of the most influential and powerful people in the world.
  7. Retirement

    Pages From The Bad CEO Playbook

    Excess compensation, golden parachutes, tunneling and IPO spinning make these bad executives even worse.
  8. Personal Finance

    Justifications For High CEO Pay (AAPL, GE)

    CEOs tend to command sky-high salaries in America. Companies cite a number of reasons for this, but they don't always ring true.
  9. Investing News

    The 5 Highest Paid Executives in the Utilities Sector (D, POM)

    Learn who the top five executives are in the utilities sector and find out who is the highest paid executive of them all and their respective companies.
  10. Stock Analysis

    Drugmaker Extraordinaire: How Eli Lilly Grows

    Drugs mean big profits in America. Here's how the country's oldest pharmaceutical firm keeps its toehold in the market.
RELATED FAQS
  1. How does a divorce impact regular social security benefits?

    If a person divorces and he is already receiving social security benefits, does he need to share those benefits with his ... Read Answer >>
  2. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  3. What are the different ways a CEO could influence stock prices?

    A CEO's influence on a stock price reflects the company's growth strategy and outlook, its financing needs and decisions ... Read Answer >>
  4. How to Get from CIO or CFO to CEO

    Discover the career path from CIO or CFO to CEO and how traditional organizational leadership roles evolve as businesses ... Read Answer >>
  5. What is Tim Cook's career and educational background? (AAPL)

    Discover where Tim Cook studied and worked before joining Apple and what roles he played in the company before taking over ... Read Answer >>
  6. What stock factors should you consider when a company makes a CEO change?

    Learn about factors affecting the price of stock following a change in CEO. Explore why a change in CEO may be positive or ... Read Answer >>
Hot Definitions
  1. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  2. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  3. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  4. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  5. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  6. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
Trading Center