Sunday, March 15, 2020

Jacksonville, Florida-Based Landstar System's Top-Tier Executives Average Annual Pay and Benefits Raise Was a Blistering 41.6% Per Year During the Past Five Years

From Company Proxy Statement filings with the SEC, below are Landstar System's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent five years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Landstar System 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
 Gattoni CEO        5,470       4,435       4,435       1,431       1,431       2,467       2,467       3,540       3,540       1,044
 Stout CFO        2,320       2,175       2,175          737          737       1,162       1,162          607          607          375
 Beacom        2,025       1,995       1,995          772          772          850          850       1,673       1,673          758
 Kneller        2,023       1,983       1,983          769          769          867          867       1,788       1,788          767
 O'Malley        2,026       1,993       1,993          768          768          876          876       1,789       1,789          778
 Gerkins Chair and CEO        3,674       3,605
 Totals      13,864     12,581     12,581       4,477       4,477       6,222       6,222       9,397     13,071       7,327
Annual % Change vs Prior Year 10.2% 181.0% -28.0% -33.8% 78.4%
5 Year Average Per Year % Change 41.6%