Marten Transport CEO Randolph Marten's 2019 pay falls 29% to $1.2M
Marten Transport reports 2019 executive compensation
By ExecPay News
Published: March 16, 2020
Marten Transport reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, four executives at Marten Transport received on average a compensation package of $784K, a 25% decrease compared to previous year.
Average pay of disclosed executives at Marten Transport
Randolph L. Marten, Chief Executive Officer, received $1.2M in total, which decreased by 29% compared to 2018. 59% of Marten's compensation, or $706K, was in salary. Marten also received $174K in bonus, $302K in stock awards, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $58,508 at Marten Transport. Therefore, the ratio of Randolph L. Marten's pay to the median employee pay was 20 to one.
Timothy M. Kohl, President, received a compensation package of $884K, which decreased by 28% compared to previous year. 59% of the compensation package, or $523K, was in salary.
James J. Hinnendael, Chief Financial Officer, earned $537K in 2019, a 29% decrease compared to previous year.
John H. Turner, Executive Vice President of Sales and Marketing, received $523K in 2019, which decreases by 24% compared to 2018.
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Source: SEC filing on March 16, 2020.