David Bozeman, the new CEO of $CHRW, received a compensation package totaling almost $28 million in 2023, including a $500K salary, $5 million bonus, and $21.5 million in stock awards. James Gattoni, CEO of $LSTR, saw a notable drop in total compensation to $2.4 million in 2023 from $4.6 million in the previous year. 3M's legal chief earned over $6.7 million in total compensation in 2023, joining the company's highest-paid list. Ford CEO Jim Farley's compensation rose 26% to $26.47 million in 2023 despite missing bonus targets, attributed to revamped stock awards.
CORRECTED: Ford CEO Jim Farley's compensation rose 26% in 2023 to $26.47M, despite missing bonus targets, due to revamped stock awards. https://t.co/KOGzrXvXvs https://t.co/6gJ78h3szF
CORRECTED: Despite missing bonus targets, Ford CEO Jim Farley's compensation soared 26% to $26.47M in 2023, largely due to revamped stock awards. https://t.co/28amhSX0hp
Despite missing his potential bonus target, Ford CEO Jim Farley saw a 26% compensation jump in 2021 to $26.47 million, thanks to revamped stock awards. https://t.co/4doYQ20Go8 https://t.co/9zjhRirhKY
While 3M laid off thousands of employees in 2023, including some lawyers, its chief legal affairs officer saw his pay increase, earning over $6.7 million in total compensation as he joined the list of the company's five highest paid executives. https://t.co/A6BVbzHrMp
3M Legal Chief Moves Onto Company's Highest-Paid List After Year of Taming Threats https://t.co/1DVUXdpQRU
2nd straight year for notable drop in total comp for James Gattoni, CEO of $LSTR. Total comp in '23: $2.4 mil. A year earlier it was $4.6 mil, was $5.4 mil in '21. Reason? His non-equity incentive plan compensation dropped to zero in '23 from $2.5 mil in '22, $3 million in '21. https://t.co/C7CqgCvM5e
Here's 2023 compensation of new $CHRW CEO David Bozeman. He started 6/26. Salary: $500K. Bonus: $5 mil. Stock awards: $21.5 mil. Other compensation about $950K, brought first year-package to almost $28 mil. Stock dropped about 8.3% in 2nd half of '23; it's less than that now. https://t.co/I9RGe5etJ7