Expeditors International of Washington CEO Jeffrey Musser's 2018 pay rises 10% to $6.9M

Expeditors International of Washington reports 2018 executive compensation

By ExecPay News

Published: March 27, 2019

Expeditors International of Washington reported fiscal year 2018 executive compensation information on March 27, 2019.

In 2018, five executives at Expeditors International of Washington received on average a compensation package of $4.7M, a 12% increase compared to previous year.

Average pay of disclosed executives at Expeditors International of Washington

Jeffrey S. Musser, Chief Executive Officer, received $6.9M in total, which increased by 10% compared to 2017. 62% of Musser's compensation, or $4.3M, was in non-equity incentive plan. Musser also received $100K in salary, $2.5M in stock awards, as well as $3K in other compensation.

For fiscal year 2018, the median employee pay was $43,730 at Expeditors International of Washington. Therefore, the ratio of Jeffrey S. Musser's pay to the median employee pay was 158 to one.

Eugene K. Alger, President - Global Services, received a compensation package of $4.3M, which increased by 12% compared to previous year. 86% of the compensation package, or $3.7M, was in non-equity incentive plan.

Bradley S. Powell, Chief Financial Officer, earned $4.3M in 2018, a 12% increase compared to previous year.

Daniel R. Wall, President - Global Products, received $3.9M in 2018, which increases by 11% compared to 2017.

Richard H. Rostan, President - Global Geographies & Operations, earned $3.8M in 2018, a 17% increase compared to previous year.