Expeditors International of Washington CEO Jeffrey Musser's 2021 pay jumps 76% to $13M

Expeditors International of Washington reports 2021 executive compensation

By ExecPay News

Published: March 22, 2022

Expeditors International of Washington reported fiscal year 2021 executive compensation information on March 22, 2022.

In 2021, five executives at Expeditors International of Washington received on average a compensation package of $9.2M, a 82% increase compared to previous year.

Average pay of disclosed executives at Expeditors International of Washington

Jeffrey S. Musser, Chief Executive Officer, received $13M in total, which increased by 76% compared to 2020. 77% of Musser's compensation, or $10M, was in non-equity incentive plan. Musser also received $100K in salary, $2.9M in stock awards, as well as $3K in other compensation.

For fiscal year 2021, the median employee pay was $68,690 at Expeditors International of Washington. Therefore, the ratio of Jeffrey S. Musser's pay to the median employee pay was 190 to one.

Eugene K. Alger, President - Global Services, received a compensation package of $8.7M, which increased by 85% compared to previous year. 85% of the compensation package, or $7.4M, was in non-equity incentive plan.

Bradley S. Powell, Chief Financial Officer, earned $8.6M in 2021, a 85% increase compared to previous year.

Daniel R. Wall, President – Global Products, received $7.8M in 2021, which increases by 84% compared to 2020.

Richard H. Rostan, President – Global Geographies & Operations, earned $7.7M in 2021, a 85% increase compared to previous year.