Carol B. Tomé is a prominent business executive and the CEO of United Parcel Service (UPS). Her success and leadership within the company have earned her a spot on Forbes’ list of most powerful women in business. People are curious to know more about her professional life, personal life, and net worth. In this blog post, we’ll take a closer look at Carol Tomé’s net worth, salary, family life, and other interesting facts about her background and career.
## Who is Carol Tomé?
Carol Tomé is a seasoned executive with extensive experience working for some of the largest companies in the world. Before joining UPS, she worked as the CFO at the Home Depot for nearly two decades. She’s known for her no-nonsense leadership style and financial expertise. In 2020, Tomé made history by becoming the first woman CEO of UPS.
Carol Tome’s Family and Personal Life
Tomé was born in 1957 in Jackson, Wyoming. She grew up in New Jersey and attended college at the University of Wyoming, where she earned a degree in communication. After college, she moved to Atlanta and started her career. Not much is known about her personal life, but she’s married to Ramon Tomé, and they have two children.
Carol Tome’s Salary and Net Worth
As the CEO of UPS, Carol Tomé’s exact salary is not publicly disclosed. However, in 2020, she earned a total compensation package worth $12.7 million, which includes a base salary of $1.2 million, stock awards, and other performance-related bonuses. Her net worth is estimated to be around $100 million, primarily from her career in corporate leadership.
Other Interesting Facts About Carol Tomé
Besides her impressive professional accomplishments, Carol Tomé is also known for her philanthropic activities. She serves on the board of directors for the Atlanta Botanical Garden and the Grady Health Foundation. She’s also a member of the American Institute of Certified Public Accountants and the Board of Trustees of the University of Wyoming Foundation.
In conclusion, Carol Tomé is a trailblazing executive who has made significant contributions to the business world. Her net worth and salary are reflective of her hard work, dedication, and expertise. We hope this blog post provided you with valuable insights into her fascinating life and career.
Carol B Tome Net Worth: How Much is the Businesswoman Worth
Early Life and Career
Carol B Tome is an American businesswoman who has excelled in several executive positions, including serving as the Chief Financial Officer (CFO) and Executive Vice President at Home Depot. Tome spent several years at Home Depot, serving in various leadership positions during her tenure.
Rise to Prominence
Tome is best known for her current role as the CEO and President of UPS, where she has continued to display her exceptional leadership skills, financial expertise, and business acumen. She was appointed as the first female CEO of UPS in March 2020, succeeding David Abney, who retired from the position.
Carol B Tome Net Worth
Carol B Tome has undoubtedly made a significant impact in the corporate world, serving in top executive positions in some of the world’s leading companies. According to reports, Tome’s net worth is estimated to be around $100 million, thanks to her successful career in the corporate world.
Key Takeaway
Carol B Tome’s impressive net worth is a testament to her hard work, dedication, and business acumen, which she has displayed over the years in her various leadership positions. Even in retirement, Tome’s legacy in the business world will continue to inspire future generations of female business leaders.
Carol Tome’s Salary: A Closer Look
After delving into Carol B Tome’s net worth, let’s take a closer look at her salary. As the CEO of UPS, Tome is one of the highest-paid executives in the world. Here are some key points to consider:
Her Salary
Tome’s base salary was $1.2 million in 2020, which is quite high compared to the average worker’s salary. However, this makes up only a fraction of her total compensation.
Other Forms of Compensation
Aside from her base salary, Tome also receives other forms of compensation, such as bonuses, stock options, and incentives. In 2020, her total compensation package was valued at approximately $17 million.
Comparison to Other CEOs
Compared to other CEOs, Tome’s salary is on the lower end of the spectrum. In fact, the average CEO of a Fortune 500 company earned more than $14 million in 2019. Additionally, other CEOs in the logistics and transportation industry earn considerably more than Tome.
Why She Deserves It
Tome’s compensation package reflects her significant contributions to UPS. Under her leadership, the company has undertaken major strategic initiatives, such as expanding its e-commerce capabilities and improving its environmental sustainability. She has also played a key role in navigating the challenges posed by the COVID-19 pandemic.
Carol Tome’s salary may seem excessive to some, but it’s important to consider the context and the scope of her responsibilities. As the CEO of one of the world’s largest logistics companies, Tome has a lot on her plate. Overall, her compensation package reflects her valuable contribution to UPS’s continued success.
Carol Tomé Family
Carol Tomé has had a successful career, but what about her personal life? Let’s take a closer look at Carol Tomé’s family:
Husband
- Carol Tomé is married to Ramon Tome.
- They have been married for over 30 years.
- Ramon Tome is not in the public eye and keeps a low profile.
Children
- Carol Tomé and Ramon Tome have one son, Juan Tome.
- Juan is a graduate of the University of Georgia and works as a financial analyst.
Parents
- Carol Tomé was born and raised in Jackson, Georgia.
- Her parents were both public school teachers.
Siblings
- Carol Tomé has a sister named Nancy who is an accountant.
Knowing about Carol Tomé’s family gives us a glimpse into the person behind the impressive net worth. It’s always fascinating to learn more about successful individuals, not just as businesspeople but also as family members and individuals.
Ramon Tomé Net Worth
Ramon Tomé is the brother of Carol Tomé and is known for his successful business ventures and immense wealth. In this section, we will dive into Ramon Tomé’s net worth, the sources of his income, and how he accumulated his wealth.
Early Life and Career
Ramon Tomé was born in Atlanta, Georgia, to a middle-class family. He attended Georgia Tech and earned a degree in Mechanical Engineering. He started his career in the commercial real estate industry, where he quickly made a name for himself. He rose through the ranks to become the CEO of a leading commercial real estate firm and later founded his own real estate company.
Sources of Income
Ramon Tomé’s primary source of income is from his real estate business. However, he also has investments in various other industries, including technology and finance. He has been successful in each of these ventures and has earned a considerable amount from them.
Net Worth
Ramon Tomé’s net worth is currently estimated to be around $500 million. He has built an impressive empire with his real estate business, and his investments have paid off handsomely. Ramon’s wealth is mostly derived from his business endeavors, and he has consistently reinvested his profits back into his companies.
Some notable assets he owns include:
- A $10 million mansion in Buckhead, Atlanta.
- A private jet worth over $50 million.
- A collection of luxury cars, including a Rolls Royce Ghost and a Lamborghini Aventador.
Philanthropy
Ramon Tomé is known for his philanthropic endeavors. He has donated millions of dollars to various causes, including education and healthcare. He has also established multiple charities, including a foundation dedicated to supporting cancer research.
In conclusion, Ramon Tomé’s net worth is a testament to his business acumen and his ability to spot lucrative opportunities. He has worked hard to build his wealth and has been successful in doing so. Despite his immense wealth, he remains grounded and is committed to giving back to his community.
Who is Carol Tome’s Husband
Carol Tome, the current CEO of United Parcel Service (UPS), is a renowned business executive, with a diverse portfolio of experience and achievements. However, while most people know about her impressive career trajectory, they may not know much about her personal life, especially her marital status. Here’s what we know about Carol Tome’s husband:
- Carol Tome is married to her longtime partner, Bruce Tome. The couple has been married for over three decades and has two children together, a son, and a daughter.
- Bruce Tome is an accomplished architect and a founding partner of the Atlanta-based architectural and design firm, Journey V. They specialize in creating innovative and sustainable spaces that prioritize functionality and aesthetics.
- Carol Tome and Bruce met while they were both students at Purdue University in Indiana. They fell in love and got married shortly after graduation.
- Despite their busy careers, Carol and Bruce make time to support each other and spend quality time together. They enjoy traveling, hiking, and trying out new restaurants.
- Carol has often credited Bruce for his unwavering support and encouragement throughout her professional journey. In one interview, she remarked, “My husband is my biggest cheerleader. He has always encouraged me to pursue my dreams and pushed me to be the best version of myself.”
In conclusion, Carol Tome’s husband is Bruce Tome, an accomplished architect, and founding partner of Journey V. The couple has been happily married for over thirty years and has two children together. Despite their busy careers, they prioritize each other’s support and enjoy traveling and trying new things together. Bruce has been a significant source of encouragement and support for Carol throughout her professional journey.
The political affiliation of Carol B. Tomé
Carol B. Tomé is an accomplished business leader and CEO of UPS. While she has made headlines for her impressive net worth, many people might be curious about her political affiliations. Here’s what we know about Carol B. Tomé’s political party:
Carol B. Tomé’s political party
- Carol B. Tomé has not publicly disclosed her political party affiliation.
- As a CEO, Carol B. Tomé has not made any significant political donations to any political party or candidate.
- Her LinkedIn profile suggests that she is an advocate of corporate social responsibility, diversity, and inclusion. However, she has not explicitly mentioned any political views.
What we can infer from her actions
- As a CEO, Carol B. Tomé has focused on improving sustainability, diversity, and employee engagement within UPS. Her actions suggest that she does consider broader societal factors in her decision-making.
- While she has not aligned herself with any political party publicly, her focus on sustainability aligns with the values of the progressive wing of the Democratic party.
- On the other hand, her emphasis on corporate responsibility and the bottom line could suggest a more conservative economic perspective.
In conclusion, Carol B. Tomé’s political affiliations are not entirely clear. However, her actions and values do suggest a focus on corporate responsibility, sustainability, diversity, and inclusion. Ultimately, it is up to readers to decide how they interpret these values within the context of contemporary political discourse.
How Much Does a CEO of UPS make
If you’re curious about the salary of a Chief Executive Officer (CEO) of United Parcel Service (UPS), then you’ve come to the right place. As one of the world’s largest shipping and logistics companies, UPS’s CEO compensation package offers a glimpse into the earning potential of top executives in this industry. Here’s what you need to know:
Understanding Executive Compensation
Before we dive into the numbers, it’s helpful to understand how executive compensation works. Many CEOs receive a base salary plus bonuses and stock options. These stock options allow CEOs to purchase shares of their company’s stock at a discounted price in the future, based on the current market value. This means that if the company performs well, the CEO can potentially earn more money through the appreciation of these shares.
CEO Compensation at UPS
As of 2020, the current CEO of UPS is Carol Tomé. According to data from Salary.com, Tomé’s base salary is $1,200,000, with a total compensation package of $7,150,000. This includes bonuses, stock options, and other incentives.
It’s worth noting that the compensation package for a CEO can vary greatly depending on the size and performance of the company. In the case of UPS, it’s one of the largest shipping companies in the world with a market capitalization of over $100 billion. This means that the CEO’s compensation package is going to be significantly higher than a CEO of a smaller company in the same industry.
Key Takeaways
- UPS’s CEO compensation package includes a base salary, bonuses, and stock options.
- As of 2020, the CEO of UPS, Carol Tomé, has a total compensation package of $7,150,000.
- The compensation for a CEO can vary greatly depending on the size and performance of the company.
In conclusion, the CEO of UPS is well compensated for their role in leading a successful global company. However, it’s important to keep in mind that executive compensation is just one aspect of a company’s financial structure and doesn’t necessarily indicate the company’s overall success or performance.
Carol Tome’s Salary at UPS
Carol Tome is one of the most respected and accomplished business executives in the world. Given her impressive career credentials, it’s easy to wonder how much she makes working as the CEO of UPS. In this section, we’ll take a closer look at Carol Tome’s salary at UPS and some of the factors that influence executive pay.
Executive Compensation at UPS
Executive pay is a hotly debated topic, and it’s no different at UPS. The company has a reputation for compensating its executives well, and Carol Tome is no exception. According to reports, Carol Tome had a base salary of $1.2 million when she took over as CEO of UPS in June 2020. This figure doesn’t include any additional compensation, such as bonuses, stock options, or other incentives that are common in executive compensation packages.
It’s worth noting that executive compensation packages are often quite complex, so it can be difficult to get an accurate picture of how much an executive like Carol Tome makes. In addition to base salary and bonuses, executives may also receive additional perks, such as private jets, company cars, and other benefits.
Factors That Influence Executive Pay
There are many factors that can influence how much an executive like Carol Tome makes. Some of the most important factors include:
- Industry: Executives in some industries, like finance or technology, tend to make more than executives in other industries, like retail or healthcare.
- Company Size: Generally speaking, executives at larger companies make more than executives at smaller companies.
- Performance: Executive pay is often tied to the company’s performance, so if a CEO like Carol Tome is able to improve UPS’s financial results and stock price, she may be rewarded with a higher salary or bonus.
- Experience: Executives with more experience typically command higher salaries than those with less experience.
In conclusion, while Carol Tome’s exact salary at UPS may be difficult to pin down, it’s safe to say that she is well-compensated for her work as the company’s CEO. With a base salary of $1.2 million and a wealth of industry experience, she is one of the most respected and successful executives in the world. As UPS continues to grow and evolve under her leadership, it will be interesting to see how her compensation package changes in the years to come.