Overseas Shipholding Group CEO Samuel Norton's 2021 pay rises 14% to $2.3M

Overseas Shipholding Group reports 2021 executive compensation

By ExecPay News

Published: April 19, 2022

Overseas Shipholding Group reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, four executives at Overseas Shipholding Group received on average a compensation package of $1.3M, a 14% increase compared to previous year.
Average pay of disclosed executives at Overseas Shipholding Group
Samuel H. Norton, Chief Executive Officer, received $2.3M in total, which increased by 14% compared to 2020. 58% of Norton's compensation, or $1.3M, was in stock awards. Norton also received $531K in non-equity incentive plan, $425K in salary, as well as $20K in other compensation.
Richard Trueblood, Chief Financial Officer, received a compensation package of $1.1M, which increased by 15% compared to previous year. 48% of the compensation package, or $510K, was in stock awards.
Patrick J. O'Halloran, Chief Operating Officer, earned $934K in 2021, a 15% increase compared to previous year.
Damon M. Mote, Chief Administrative Officer, received $934K in 2021, which increases by 15% compared to 2020.

Related executives

Samuel Norton

Overseas Shipholding Group

Chief Executive Officer

Richard Trueblood

Overseas Shipholding Group

Chief Financial Officer

Patrick O'Halloran

Overseas Shipholding Group

Chief Operating Officer

Damon Mote

Overseas Shipholding Group

Chief Administrative Officer

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Source: SEC filing on April 19, 2022.