Matson CEO Matthew Cox's 2019 pay slips 2% to $4.5M
Matson reports 2019 executive compensation
By ExecPay News
Published: March 10, 2020
Matson reported fiscal year 2019 executive compensation information on March 10, 2020.
In 2019, five Matson executives received on average a compensation package of $2.1M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Matson
Matthew J. Cox, Chief Executive Officer, received $4.5M in total, which decreased by 2% compared to 2018. 56% of Cox's compensation, or $2.5M, was in stock awards. Cox also received $301K of change in pension value and nonqualified deferred compensation earnings, $782K in non-equity incentive plan, $813K in salary, as well as $94K in other compensation.
Ronald J. Forest, President, received a compensation package of $1.7M, which is about the same as previous year. 36% of the compensation package, or $596K, was in stock awards.
Joel M. Wine, Chief Financial Officer, earned $1.7M in 2019, a 4% decrease compared to previous year.
Peter T. Heilmann, Chief Administrative Officer, received $1.3M in 2019, which decreases by 5% compared to 2018.
John P. Lauer, Senior Vice President and Chief Commercial Officer, earned $1.2M in 2019, a 3% decrease compared to previous year.
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Source: SEC filing on March 10, 2020.