C. H. ROBINSON WORLDWIDE CEO Robert Biesterfeld's 2021 pay jumps 88% to $10M
C. H. ROBINSON WORLDWIDE reports 2021 executive compensation
By ExecPay News
Published: March 22, 2022
C. H. ROBINSON WORLDWIDE reported fiscal year 2021 executive compensation information on March 22, 2022.
In 2021, five executives at C. H. ROBINSON WORLDWIDE received on average a compensation package of $4.7M, a 81% increase compared to previous year.
Average pay of disclosed executives at C. H. ROBINSON WORLDWIDE
Robert C. Biesterfeld Jr, Chief Executive Officer, received $10M in total, which increased by 88% compared to 2020. 58% of Biesterfeld's compensation, or $5.9M, was in stock awards. Biesterfeld also received $3.2M in non-equity incentive plan, $1.1M in salary, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $57,391 at C. H. ROBINSON WORLDWIDE. Therefore, the ratio of Robert C. Biesterfeld Jr's pay to the median employee pay was 178 to one.
Arun D. Rajan, Chief Product Officer, received a compensation package of $4.9M. 84% of the compensation package, or $4.1M, was in stock awards.
Michael P. Zechmeister, Chief Financial Officer, earned $3.4M in 2021, a 42% increase compared to previous year.
Mac S. Pinkerton, President of North America, received $2.6M in 2021, which increases by 44% compared to 2020.
Michael J. Short, President of Global Freight Forwarding, earned $2.4M in 2021, a 32% increase compared to previous year.
Related executives
Robert Biesterfeld
C. H. ROBINSON WORLDWIDE
Chief Executive Officer
Michael Zechmeister
C. H. ROBINSON WORLDWIDE
Chief Financial Officer
Mac Pinkerton
C. H. ROBINSON WORLDWIDE
President of North America
Arun Rajan
C. H. ROBINSON WORLDWIDE
Chief Product Officer
Michael Short
C. H. ROBINSON WORLDWIDE
President of Global Freight Forwarding
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Source: SEC filing on March 22, 2022.