Sundar PichaiSundar Pichai earned $164M in 2023
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Clarence L. Werner

Founder and Ex-CEO of Werner Enterprises

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Born

December 1, 1938 - 86 years ago

Economy Sector

Industrials

Tenure

0 years 8 months (Aug 2015 - May 2016)

Previous Experience

Founder and Chairman of Werner Enterprises

Clarence L. Werner has had a long and interesting journey with Werner Enterprises, which he founded back in 1956. He has seen the company grow from a small sole proprietorship to a major player in the transportation industry. Werner served...

Year

2016

Total Compensation

$1.12M

Salary

$525.96K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$550.00K

Board Justification

Annual cash bonuses are awarded by the Compensation Committee based on individual performance and company financial performance.

Other

$40.96K

Board Justification

Includes perquisites and other personal benefits, tax reimbursements, and contributions to retirement plans.

Restricted Stock

$0.00(0 Performance Stock)

Board Justification

No stock awards were earned in 2016 as performance objectives were not met.

Performance Metrics

The performance metrics for the annual cash bonus and long-term incentives are based on company financial performance and individual contributions.