Expeditors International of Washington CEO Jeffrey Musser's 2020 pay rises 15% to $7.4M

Expeditors International of Washington reports 2020 executive compensation

By ExecPay News

Published: March 23, 2021

Expeditors International of Washington reported fiscal year 2020 executive compensation information on March 23, 2021.

In 2020, five executives at Expeditors International of Washington received on average a compensation package of $5M, a 10% increase compared to previous year.

Average pay of disclosed executives at Expeditors International of Washington

Jeffrey S. Musser, Chief Executive Officer, received $7.4M in total, which increased by 15% compared to 2019. 66% of Musser's compensation, or $4.9M, was in non-equity incentive plan. Musser also received $100K in salary, $2.4M in stock awards, as well as $3K in other compensation.

For fiscal year 2020, the median employee pay was $48,187 at Expeditors International of Washington. Therefore, the ratio of Jeffrey S. Musser's pay to the median employee pay was 154 to one.

Eugene K. Alger, President - Global Services, received a compensation package of $4.7M, which increased by 9% compared to previous year. 77% of the compensation package, or $3.6M, was in non-equity incentive plan.

Bradley S. Powell, Chief Financial Officer, earned $4.7M in 2020, a 9% increase compared to previous year.

Daniel R. Wall, President – Global Products, received $4.2M in 2020, which increases by 8% compared to 2019.

Richard H. Rostan, President – Global Geographies & Operations, earned $4.2M in 2020, a 9% increase compared to previous year.