Joseph H. Pyne has had a long journey with Kirby Corporation, where he kicked off his leadership in 1995 and moved through various roles until he became Chairman and CEO in 2011. After stepping down from the CEO position in...

Joseph H. Pyne has had a long journey with Kirby Corporation, where he kicked off his leadership in 1995 and moved through various roles until he became Chairman and CEO in 2011. After stepping down from the CEO position in early 2014, he continued as the Chairman. His tenure has seen ups and downs for the company, strategically navigating through market changes. Notably, under his leadership, Kirby focused on marine transportation, significantly influencing the sector. Pyne is well-rounded in executive capability and has a knack for aligning company performance with shareholder interests. A fun fact? He received a whopping $15 million special retirement payment when he stepped back from day-to-day operations, which highlights his critical role in Kirby's success. His insider trading and stock holdings reveal a strategic approach to managing wealth, peaking with trades valued at around $14 million in recent years. As he plans to retire from the Board in 2024, his legacy will likely set the tone for Kirby's future growth and strategy.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Kirby Corporation CEOs

K

Joseph H. Pyne

Ex-CEO of Kirby Corporation

Sector of Economy

Industrials

Born

July 30, 2024 - 0 years ago

CEO of Kirby Corporation for

15 years 3 months (Jan 1995 - Apr 2010)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Joseph H. Pyne

H

Jeffrey A. Miller

CEO of Halliburton

2023 Compensation

Stock

$27.46M

Salary

$1.60M

Bonus

$0.00

Other

$659.12K

Total Holdings

$29.98M

F

R. Scott Rowe

CEO of Flowserve

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$2.67M

Other

$21.00K

Total Holdings

$19.70M

T

Matthew J. Meloy

CEO of Targa Resources

2023 Compensation

Stock

$24.08M

Salary

$970.48K

Bonus

$2.33M

Other

$29.54K

Total Holdings

$134.17M

O

Pierce H. Norton II

CEO of Oneok

2023 Compensation

Stock

$813.39K

Salary

$835.00K

Bonus

$2.10M

Other

$336.99K

Total Holdings

$19.65M

A

D. Bradley Childers

CEO of Archrock

2023 Compensation

Stock

$0.00

Salary

$875.00K

Bonus

$1.86M

Other

$75.00K

Total Holdings

$53.96M

I

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did Joseph H. Pyne make over time.

Joseph H. Pyne’s insider trading patterns are quite revealing. In 2022, he had significant stock trades, with monthly transactions averaging over $7 million, peaking around $10 million in early 2024. His commitment to Kirby shows in his stock choices. Interestingly,...

Joseph H. Pyne’s insider trading patterns are quite revealing. In 2022, he had significant stock trades, with monthly transactions averaging over $7 million, peaking around $10 million in early 2024. His commitment to Kirby shows in his stock choices. Interestingly, his financial journey took a notable turn with a special $15 million bonus at retirement, plus a massive stock payout. This demonstrates his engagement with the company's performance, with stocks that have grown in value over time. Overall, his holdings indicate a strong connection between his role and his financial interests in Kirby's direction.

Mar 18, 2025

K

shares

KEX @ $98.89

Total Stock Sold

$53.80M

KEX

$53.80M

681,472 KEX shares

What if they kept their stock?

If Joseph H. Pyne didn't sell their stock, today they would have:
Extra KEX681,472 shares worth $33.25M.
This is -38.2% and $20.55M less than what they got when they sold the stock.

Charitable Transactions

KEX

26,250 shares

KEX

Recent Charitable Transactions

KEX

5,000 shares

KEX

Dec 8, 2016

Charity

KEX

6,250 shares

KEX

Jun 2, 2015

Charity

KEX

5,000 shares

KEX

Nov 19, 2014

Charity

KEX

5,000 shares

KEX

Jan 24, 2013

Charity

KEX

5,000 shares

KEX

Oct 1, 2009

Charity

Insider Trading

See recent insider trades of Joseph H. Pyne.

KEX

2,767 shares

KEX

May 1, 2023

Received

KEX

3,113 shares

KEX

May 2, 2022

Received

KEX

$857.91K

KEX at $65.00/share

Feb 7, 2022

Sale

KEX

$1.74M

KEX at $65.08/share

Feb 2, 2022

Sale

KEX

3,048 shares

KEX

May 3, 2021

Received

KEX

4,033 shares

KEX

May 7, 2020

Received

KEX

2,368 shares

KEX

May 3, 2019

Received

KEX

$4.14M

KEX at $87.92/share

Aug 29, 2018

Sale

KEX

$4.65M

KEX at $87.86/share

Aug 27, 2018

Sale

KEX

$12.18M

KEX at $88.21/share

May 4, 2018

Sale

Compensation History

See how much did Joseph H. Pyne make over time.

In terms of pay, Joseph H. Pyne had a variety of compensation packages over the years. In 2010, his total compensation was about $4.9 million, with a significant chunk coming from bonuses based on performance goals like EBITDA and return metrics. His strategic decisions ensured that his pay aligned with Kirby's success, leading to big bonuses when targets were met. For his final stretch as an executive, he received a massive one-time payment of $15 million, which underscores his roles in shaping Kirby's future. Despite the ups and downs in numbers, his overall compensation story is deeply intertwined with Kirby's market strategy and performance achievements.

Year

2010

Total Compensation

$6.54M

Salary

$680.00K

Board Justification

The compensation program aims to attract and retain senior executives with competitive compensation opportunities, achieve consistent performance over time, and align compensation with company performance and shareholder value.

Bonus

$1.02M

Board Justification

The annual incentive compensation for 2010 was based on the achievement of performance measures including EBITDA, return on total capital, and earnings per share, with a payout of 166.6% of the target amount for Mr. Pyne.

Other

$59.90K

Board Justification

Includes an automobile allowance, club memberships, group life insurance, and personal financial planning services.

Restricted Stock

$4.78M(108.57K restricted stock)

Board Justification

The restricted stock awards vest in equal increments over five years, and if a change in control had occurred, all unvested shares would have become fully vested.

Performance Metrics

The performance metrics for 2010 included EBITDA, return on total capital, and earnings per share.

Other Kirby Corporation CEOs

Here are other CEOs of Kirby Corporation

David W. Grzebinski

CEO of Kirby Corporation

April 2014 - Present