Hub Group CEO David Yeager's 2021 pay jumps 81% to $5.7M
Hub Group reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
Hub Group reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, five Hub Group executives received on average a compensation package of $2.8M, a 81% increase compared to previous year.
Average pay of disclosed executives at Hub Group
David P. Yeager, Chief Executive Officer, received $5.7M in total, which increased by 81% compared to 2020. 41% of Yeager's compensation, or $2.4M, was in non-equity incentive plan. Yeager also received $950K in salary, $2.3M in stock awards, as well as $120K in other compensation.
For fiscal year 2021, the median employee pay was $67,972 at Hub Group. Therefore, the ratio of David P. Yeager's pay to the median employee pay was 84 to one.
Phillip D. Yeager, Chief Operating Officer, received a compensation package of $2.9M, which increased by 105% compared to previous year. 40% of the compensation package, or $1.2M, was in non-equity incentive plan.
Vava R. Dimond, Former EVP, Chief Information Officer, earned $2.1M in 2021, a 59% increase compared to previous year.
Vincent C. Paperiello EVP–President, Intermodal & Chief Solutions Officer, received $1.6M in 2021.
Geoffrey F. DeMartino, Chief Financial Officer, earned $1.4M in 2021, a 120% increase compared to previous year.
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Source: SEC filing on April 12, 2022.