Michael L. Eskew

Dictionary Says

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.
Investopedia Says

Investopedia explains '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.
comments powered by Disqus
Hot Definitions
  1. Legal Monopoly

    A company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price and can either be independently run and government regulated, or government run and regulated.
  2. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  3. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  4. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  5. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  6. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
Trading Center