Morten Arntzen
2011
In 2011, Morten Arntzen earned a total compensation of $6.3M as President and Chief Executive Officer at Overseas Shipholding Group, a 133% increase compared to previous year.
Compensation breakdown
| Option Awards | $2,226,003 |
|---|---|
| Salary | $900,000 |
| Stock Awards | $3,098,858 |
| Other | $85,976 |
| Total | $6,310,837 |
Arntzen received $3.1M in stock awards, accounting for 49% of the total pay in 2011.
Arntzen also received $2.2M in option awards, $900K in salary and $86K in other compensation.
Rankings
In 2011, Morten Arntzen's compensation ranked 771st out of 10,747 executives tracked by ExecPay. In other words, Arntzen earned more than 92.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 771 out of 10,747 | 93rd |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 87 out of 883 | 90th |
Major group Water Transportation | 4 out of 51 | 92nd |
Industry group Deep Sea Foreign Transportation Of Freight | 2 out of 10 | 80th |
Industry Deep Sea Foreign Transportation of Freight | 2 out of 10 | 80th |
Source: SEC filing on April 30, 2012.
Arntzen's colleagues
We found four more compensation records of executives who worked with Morten Arntzen at Overseas Shipholding Group in 2011.
2011
Myles Itkin
Overseas Shipholding Group
Chief Financial Officer
2011
Ian Blackley
Overseas Shipholding Group
Senior Vice President, Head of International Shipping Operations and Managing Director of OSG Ship Management Ltd
2011
Robert Johnston
Overseas Shipholding Group
Senior Vice President and Head of US Flag
2011
Lois Zabrocky
Overseas Shipholding Group