Michael L. Hance
2021
In 2021, Michael L. Hance earned a total compensation of $1.8M as Chief Legal Officer and Secretary at Forward Air, a 121% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $854,700 |
|---|---|
| Salary | $440,000 |
| Stock Awards | $525,000 |
| Other | $9,593 |
| Total | $1,829,293 |
Hance received $854.7K in non-equity incentive plan, accounting for 47% of the total pay in 2021.
Hance also received $440K in salary, $525K in stock awards and $9.6K in other compensation.
Rankings
In 2021, Michael L. Hance's compensation ranked 6,386th out of 12,406 executives tracked by ExecPay. In other words, Hance earned more than 48.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,386 out of 12,406 | 49th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 411 out of 683 | 40th |
Major group Transportation Services | 44 out of 72 | 39th |
Industry group Arrangement Of Transportation Of Freight And Cargo | 20 out of 31 | 36th |
Industry Arrangement of Transportation of Freight and Cargo | 20 out of 31 | 36th |
Pay ratio
| Michael L. Hance's Pay | $1,829,293 |
|---|---|
| Median Employee's Pay | $46,360 |
| Pay Ratio | 39to 1 |
In 2021, the annual total compensation of Michael L. Hance was $1,829,293.
The annual total compensation of the median employee at Forward Air was $46,360.
The ratio of Michael L. Hance's pay to the pay of median employee was therefore 39 to one.
Source: SEC filing on March 28, 2022.
Hance's colleagues
We found five more compensation records of executives who worked with Michael L. Hance at Forward Air in 2021.