Sundar PichaiSundar Pichai earned $164M in 2023
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Randolph L. Marten

Ex-CEO of Marten Transport

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Born

March 15, 1953 - 71 years ago

Economy Sector

Industrials

Tenure

16 years 4 months (Jan 2005 - May 2021)

Previous Experience

President, Chief Operating Officer, Vice President at Marten Transport

Randolph L. Marten has been the driving force behind Marten Transport since 1983. With a Bachelor's degree in Business Administration, he doesn't just manage; he leads with experience. This company is known for its strong performance metrics and focus on...

Year

2019

Total Compensation

$1.31M

Salary

$706.26K

Board Justification

The compensation philosophy aligns executive compensation with company performance, focusing on long-term value creation and retention of key executives.

Bonus

$173.74K

Board Justification

Cash bonus awarded based on the company's performance metrics, specifically a percentage of the increase in net income from the previous year, amounting to 24.6% of base salary.

Other

$10.64K

Board Justification

Includes life insurance premiums, 401(k) match, and personal commercial travel expenses.

Restricted Stock

$420.00K(19.54K common stock)

Board Justification

Performance unit awards that vested in 2019, based on the company's increase in net income compared to the previous year, with shares distributed in March 2020.

Performance Metrics

The performance metrics for determining compensation included net income growth compared to the previous year.