Matson CEO Matthew Cox's 2018 pay rises 3% to $4.6M
Matson reports 2018 executive compensation
By ExecPay News
Published: March 11, 2019
Matson reported fiscal year 2018 executive compensation information on March 11, 2019.
In 2018, five Matson executives received on average a compensation package of $2.1M, a 2% increase compared to previous year.
Matthew J. Cox, Chief Executive Officer, received $4.6M in total, which increased by 3% compared to 2017. 55% of Cox's compensation, or $2.5M, was in stock awards. Cox also received $47K of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $789K in salary, as well as $93K in other compensation.
Joel M. Wine, Chief Financial Officer, received a compensation package of $1.7M, which increased by 2% compared to previous year. 35% of the compensation package, or $603K, was in stock awards.
Ronald J. Forest, President, earned $1.7M in 2018, a 1% increase compared to previous year.
Peter T. Heilmann, Chief Administrative Officer, received $1.4M in 2018, which increases by 4% compared to 2017.
John P. Lauer, Senior Vice President and Chief Commercial Officer, earned $1.3M in 2018, which is about the same as previous year.