Morten Arntzen
2007
In 2007, Morten Arntzen earned a total compensation of $12.8M as President and Chief Executive Officer at Overseas Shipholding Group, a 234% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,300,000 |
|---|---|
| Option Awards | $5,730,868 |
| Salary | $900,000 |
| Stock Awards | $4,713,327 |
| Other | $187,297 |
| Total | $12,831,492 |
Arntzen received $5.7M in option awards, accounting for 45% of the total pay in 2007.
Arntzen also received $1.3M in non-equity incentive plan, $900K in salary, $4.7M in stock awards and $187.3K in other compensation.
Rankings
In 2007, Morten Arntzen's compensation ranked 175th out of 8,700 executives tracked by ExecPay. In other words, Arntzen earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 175 out of 8,700 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 26 out of 745 | 97th |
Major group Water Transportation | 1 out of 39 | 97th |
Industry group Deep Sea Foreign Transportation Of Freight | 1 out of 19 | 95th |
Industry Deep Sea Foreign Transportation of Freight | 1 out of 19 | 95th |
Source: SEC filing on April 30, 2010.
Arntzen's colleagues
We found five more compensation records of executives who worked with Morten Arntzen at Overseas Shipholding Group in 2007.
2007
Myles Itkin
Overseas Shipholding Group
Chief Financial Officer
2007
Mats Berglund
Overseas Shipholding Group
Senior Vice President and Head of Crude Transportation
2007
Robert Johnston
Overseas Shipholding Group
Senior Vice President and Head of U.S. Flag
2007
Ian Blackley
Overseas Shipholding Group
Senior Vice President, Head of International Shipping and Managing Director of OSG Ship Management Ltd
2007
Lois Zabrocky
Overseas Shipholding Group