Friday, December 27, 2019

Eden Prairie, Minnesota C.H. Robinson Worldwide's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Very Robust 13.3% Per Year During the Past Five Years

I think that Pete Buttigieg was the clear winner in the recent 2020 Democratic Presidential Primary Debate held recently in Los Angeles.  Mayor Pete very successfully warded off a vicious barrage of strange attacks from several parties.  I think Amy Klobuchar was the clear loser in this debate, attacking Pete irrationally as if she were acting in desperation.  Her nastiness here is consistent with the rumor that she does not treat her own staff well.

I have researched and made posts related to Top-Tier Executive Total Compensation in most of the largest companies headquartered in the four earliest 2020 Democratic Primary States ..... Iowa, New Hampshire, Nevada and South Carolina.

Then, of the 14 Super Tuesday US States holding their 2020 Democratic Presidential Primaries on March 3, 2020, I made like posts related to most of the largest Texas Companies, most of the largest Southern California companies, most of the largest technology companies headquartered in Northern California and most of the largest North Carolina Companies.

My research has shown that Elizabeth Warren, Bernie Sanders and Tom Steyer are all spot on when they assert that US Corporate Financial Corruption is rampant.  But the problem is that none of the three have any clue on precisely the cause or how to effectively fix this huge problem which is also the primary cause of the huge, continuing US income inequality expansion which has been occurring for decades.

But even worse, even though he is a very nice man, Joe Biden is so naive that he isn't even aware of the extent of this continuing huge US income inequality expansion or precisely its cause which has been occurring under his nose for the past forty plus years, nor is he aware of, or else has decided to ignore, just how huge the largest US tax shelters are which are located right under his nose in his home State of Delaware, mostly in one Wilmington building.

On the very negative side, voting for many years for the Annual Income Tax Loophole Extenders which dramatically increased US income inequality expansion each year were Amy Klobuchar and Joe Biden.  On the positive side, voting for many years against these same Annual Income Tax Loophole Extenders were Elizabeth Warren and Bernie Sanders.

So now I will be addressing Top-Tier Executive Compensation for five to ten years in some of the largest companies in the State of Minnesota, one of the 14 Super Tuesday 2020 Democratic Presidential Primary US States.  

I will be doing this research mostly by stock market capitalization and thus the 14th Minnesota Company that I am addressing here is C.H. Robinson Worldwide.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows C.H. Robinson Worldwide's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.  

C.H. Robinson Worldwide's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a very robust 13.3% per year during the past five years.



FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
C.H. Robinson Worldwide 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
 Wiehoff CEO        8,559       6,834       6,834       6,322       6,322       6,136       6,136       5,482       5,482       4,910
 Clarke CFO        2,089       1,694       1,694       1,571  N/A   N/A     
 Biesterfeld COO        3,653       1,634       1,634       1,496       1,496       1,294    
 O'Brien        1,897       1,543       1,543       1,491       1,490       1,539       1,539       1,731       1,731       1,514
 Short Group President        1,666       1,706       1,706       1,546       1,546       1,917       1,917          722          722          904
 Lindbloom        1,715       1,662       1,662       1,718       1,718       1,641       1,641       1,494
 Lemke        1,387       1,338
 Rambaud        1,640       1,501
 Satterlee        1,720       1,514
 Totals      17,864     13,411     15,126     14,088     12,516     12,604     11,310       9,576     14,323     13,175
Annual % Change vs Prior Year 33.2% 7.4% -0.7% 18.1% 8.7%
5 Year Average Per Year % Change 13.3%