C. H. ROBINSON WORLDWIDE CEO Robert Biesterfeld's 2020 pay rises 7% to $5.4M
C. H. ROBINSON WORLDWIDE reports 2020 executive compensation
By ExecPay News
Published: March 23, 2021
C. H. ROBINSON WORLDWIDE reported fiscal year 2020 executive compensation information on March 23, 2021.
In 2020, five executives at C. H. ROBINSON WORLDWIDE received on average a compensation package of $2.6M, a 27% increase compared to previous year.
Average pay of disclosed executives at C. H. ROBINSON WORLDWIDE
Robert C. Biesterfeld Jr, Chief Executive Officer, received $5.4M in total, which increased by 7% compared to 2019. 38% of Biesterfeld's compensation, or $2.1M, was in stock awards. Biesterfeld also received $468K in non-equity incentive plan, $2M in option awards, $879K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $53,900 at C. H. ROBINSON WORLDWIDE. Therefore, the ratio of Robert C. Biesterfeld Jr's pay to the median employee pay was 101 to one.
Michael P. Zechmeister, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 21% compared to previous year. 30% of the compensation package, or $699K, was in stock awards.
Mac S. Pinkerton, President of North America Surface Transportation, earned $1.8M in 2020, a 127% increase compared to previous year.
Michael J. Short, President of Global Freight Forwarding, received $1.8M in 2020, which increases by 149% compared to 2019.
Christopher J. O'Brien, Chief Commercial Officer, earned $1.6M in 2020, a 142% increase compared to previous year.
Related executives
Robert Biesterfeld
C. H. ROBINSON WORLDWIDE
Chief Executive Officer
Michael Zechmeister
C. H. ROBINSON WORLDWIDE
Chief Financial Officer
Christopher O'Brien
C. H. ROBINSON WORLDWIDE
Chief Commercial Officer
Mac Pinkerton
C. H. ROBINSON WORLDWIDE
President of North America
Michael Short
C. H. ROBINSON WORLDWIDE
President of Global Freight Forwarding
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Source: SEC filing on March 23, 2021.