Tuesday, February 4, 2020

(Post #1 of 2) Lowell, Arkansas-based J.B. Hunt Transport Services' Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was an Off-the-Charts 88.6% Per Year During the Past Five Years

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

Also 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 Companies in the following 11 US States ..... California, Texas, Massachusetts, Virginia, North Carolina, Minnesota, Tennessee,  Colorado, Vermont, Maine and Oklahoma.

Now I have just finished my research on Top-Tier Executive Total Compensation of  the nine largest Arkansas Companies, another Super Tuesday US State.

From annual compensation information contained in Proxy Statement filings with the US SEC, the chart below shows J.B. Hunt Transport Services' Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past five years.

J.B. Hunt Transport Services' Top-Tier Executives Average Annual Pay and Employee Benefits Increase was an off-the-charts 88.6% per year during the past five years, which is the highest  of the nine largest Arkansas Companies.
  1. J.B. Hunt Transport Services +88.6% per year for the past five years
  2. Tyson Foods +57.4% per year for the past ten years
  3. Simmons First National +33.5% per year for the past five years
  4. Axciom (now LiveRamp Holdings) +30.9% per year for the past five years
  5. Home Bancshares +29.2% per year for the past five years
  6. Murphy Oil +17.9% per year for the past ten years
  7. Bank OZK +16.5% per year for the past five years
  8. Murphy USA +10.1% per year for the past six years
  9. Walmart -0.7% per year for the past seven years 
As you can see in the above table, Arkansas non-executive workers really had the deck stacked against them versus what is going on with the sky-high annual percentage pay raises of Arkansas' Top-Tier Executives.

So which 2020 Democratic Presidential candidate could best help close this massive annual percentage pay raise gap between Arkansas' Top-Tier executives and their non-executives employees?

More than anything needed to solve this thorny problem is to possess exceptionally strong financial and data science skills, coupled with a keen understanding of how businesses operate. 

Well, that should rule out any Presidential candidate who worked for the US Government in the past ten years when these comparative pay raise results were so horrendous, not just in Arkansas but also in all other US States.  

That would rule out Joe Biden, Bernie Sanders, Elizabeth Warren and Amy Klobuchar.

Of the Top Five Democratic Presidential candidates, that would leave only Pete Buttigieg.

I think there is only one Democratic Presidential candidate who has both the requisite financial acumen, data science skills and economic fairness to turn the tide around on this massive, continuing US income inequality expansion caused mainly by the massive gap in annual percentage pay raises between executive and non-executive employees  ..... Pete Buttigieg.  


 Lowell, Arkansas-based J.B. Hunt Transport Services

FYEFYEFYEFYEFYEFYEFYEFYEFYEFYE
DecDecDecDecDecDecDecDecDecDec
J.B. Hunt Transport Services2018201720172016201620152015201420142013
Top-TierTotalTotalTotalTotalTotalTotalTotalTotalTotalTotal
ExecutiveCompCompCompCompCompCompCompCompCompComp
$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s
 Roberts CEO       6,846         859         859      5,545      5,545      5,382      5,382      4,346      4,346      4,058
 Mee CFO       2,754         507         507      2,459      2,459      2,437      2,437      1,699      1,699      2,663
 Simpson       2,754         505         505      2,222      2,222      2,015      2,015      1,620   
 Hobbs       2,738         494         494      2,199      2,199      1,979   
 Mathews       2,758         510         510      1,315      1,315      1,719      1,719      1,325      1,325      3,756
 Thompson Chairman       2,270      2,092      2,092      2,160
 Totals     17,850      2,875      2,875    13,740    13,740    13,532    13,823    11,082      9,462    12,637
Annual % Change vs Prior Year520.9%-79.1%1.5%24.7%-25.1%
5 Year Average Per Year % Change88.6%



And here are similar tables for three of the other eight largest Arkansas Companies.  The tables for the other five largest Arkansas Companies are included in my next post, since they wouldn't fit here. 
Springdale, Arkansas-based Tyson Foods
FYEFYEFYEFYEFYEFYEFYEFYEFYEFYE
SeptSeptSeptSeptSeptSeptSeptSeptSeptSept
Tyson Foods2019201820182017201720162016201520152014
Top-TierTotalTotalTotalTotalTotalTotalTotalTotalTotalTotal
ExecutiveCompCompCompCompCompCompCompCompCompComp
$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s
 Tyson Chairman     10,322      9,997      9,997    10,454    10,454      9,616      9,616      8,753      8,753      8,698
 White CEO     10,398      5,737      5,737      5,986      5,986      6,021      6,021      8,526      8,526      6,285
 Glendinning CFO  N/A  N/A 
 Grimes       4,140      3,986
 Hayes CEO       9,487      8,906      8,906      4,686   
 Leatherby Former CFO  N/A  N/A       3,969      4,314      4,314      4,477      4,477      4,693
 Smith Former CEO       5,071    11,472    11,472    12,627    12,627    12,226
 King       7,993      7,827      7,827      6,755
 Totals     24,860    19,720    25,221    25,346    34,386    36,109    39,416    42,210    42,210    38,657
Annual % Change vs Prior Year26.1%-0.5%-4.8%-6.6%9.2%
5 Year Average Per Year % Change4.7%
FYEFYEFYEFYEFYEFYEFYEFYEFYEFYE
SeptSeptSeptSeptSeptSeptSeptSeptSeptSept
Tyson Foods2014201320132012201220112011201020102009
Top-TierTotalTotalTotalTotalTotalTotalTotalTotalTotalTotal
ExecutiveCompCompCompCompCompCompCompCompCompComp
$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s
 Tyson Chairman       8,698      7,833      7,998      4,217      4,217      3,334      3,334      1,748   
 White CEO       6,285      3,599      3,560      3,220      3,220      3,768      3,768      2,900   
 Leatherby Former CFO       4,693      3,574      3,574      2,579      2,579      2,656      2,656      2,622      2,560         739
 Smith Former CEO     12,226      9,874      9,872      7,845      7,845      7,673      7,673      9,013      8,862      1,176
 King       6,755      3,601      3,599      3,048      3,048      3,033      3,033      2,890   
 Lochner COO     11,836      9,139      9,139      7,801      7,801      7,683      7,683      8,355      8,204      1,466
 Tollett Former CEO  N/A  N/A 
 Totals     50,493    37,620    37,742    28,710    28,710    28,147    28,147    27,528    19,626      3,381
Annual % Change vs Prior Year34.2%31.5%2.0%2.2%480.5%
5 Year Average Per Year % Change110.1%
10 Year Average Per Year % Change57.4%

Pine Bluff, Arkansas-based Simmons First National
  

FYEFYEFYEFYEFYEFYEFYEFYEFYEFYE
DecDecDecDecDecDecDecDecDecDec
Simmons First National2018201720172016201620152015201420142013
Top-TierTotalTotalTotalTotalTotalTotalTotalTotalTotalTotal
ExecutiveCompCompCompCompCompCompCompCompCompComp
$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s
 Makris Chairman and CEO       4,586      2,294      2,294      2,406      2,406      3,100      3,100      1,515      1,515         643
 Fehlman CFO       1,384      1,905      1,905      1,162      1,162      1,457      1,457         756         756         692
 Casteel       1,319      1,766      1,766      1,144      1,144      1,459      1,459         758         758         642
 Massanelli          671         878         878         642   
 Burrow GC          643         847         847         656         656         753         753         460         460
 Funke  N/A  N/A 
 Ledbetter          910         881         881         820         820         763         763         478         478
 Bartlett       1,169         916         916         880
 Totals       9,513      8,571      8,571      6,830      6,188      7,532      8,701      4,883      4,883      2,857
Annual % Change vs Prior Year11.0%25.5%-17.8%78.2%70.9%
5 Year Average Per Year % Change33.5%
Conway, Arkansas-based Axciom, which changed its name to LiveRamp Holdings and moved to San Francisco, CA in 2018.
FYEFYEFYEFYEFYEFYEFYEFYEFYEFYE
MarchMarchMarchMarchMarchMarchMarchMarchMarchMarch
Axciom/LiveRamp Holdings2019201820182017201720162016201520152014
Top-TierTotalTotalTotalTotalTotalTotalTotalTotalTotalTotal
ExecutiveCompCompCompCompCompCompCompCompCompComp
$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s$ 000s
 Howe CEO       6,576      5,447      5,447      5,694      5,694      5,341      5,341      6,344      6,344      5,126
 Jenson CFO       7,248      2,769      2,769      3,020      3,020      2,851      2,851      3,950      3,950      2,265
 Arra       8,004      3,386      3,386      1,948      1,948      1,625   
 Gupta       7,585      3,153      3,153      1,664      1,664      1,179   
 Jones       4,493      1,208      1,208      1,254      1,254      1,225      1,225      1,122      1,122      1,130
 Erwin       1,519      1,574      1,574      2,325   
 May Former Officer       4,240      1,829      1,829      1,561   
 Stirratt Former Officer       2,506      2,126
 Mui       1,750      1,752
 Totals     33,906    15,963    21,722    16,983    16,983    16,107      9,417    11,416    15,672    12,399
Annual % Change vs Prior Year112.4%27.9%5.4%-17.5%26.4%
5 Year Average Per Year % Change30.9%
Click here to see Compensation Tables  for The Other Five Arkansas Companies.


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