Matson CEO Matthew Cox's 2018 pay rises 3% to $4.6M

Matson reports 2018 executive compensation

Published: March 11, 2019

Matson reported fiscal year 2018 executive compensation information on March 11, 2019.

In 2018, five Matson executives received on average a compensation package of $2.1M, a 2% increase compared to previous year.

Average pay of disclosed executives at Matson

Matthew J. Cox, Chief Executive Officer, received $4.6M in total, which increased by 3% compared to 2017. 55.02% of Cox's compensation, or $2.5M, was in stock awards. Cox also received $47.4K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $789.4K in salary, as well as $93.3K in other compensation.

Joel M. Wine, Chief Financial Officer, received a compensation package of $1.7M, which increased by 2% compared to previous year. 34.91% of the compensation package, or $602.8K, was in stock awards.

Ronald J. Forest, President, earned $1.7M in 2018, a 1% increase compared to previous year.

Peter T. Heilmann, Chief Administrative Officer, received $1.4M in 2018, which increases by 4% compared to 2017.

John P. Lauer, Senior Vice President and Chief Commercial Officer, earned $1.3M in 2018, which is about the same as previous year.