Matson CEO Matthew Cox's 2020 pay jumps 22% to $5.5M
Matson reports 2020 executive compensation
By ExecPay News
Published: March 9, 2021
Matson reported fiscal year 2020 executive compensation information on March 9, 2021.
In 2020, five Matson executives received on average a compensation package of $2.7M, a 29% increase compared to previous year.
Average pay of disclosed executives at Matson
Matthew J. Cox, Chief Executive Officer, received $5.5M in total, which increased by 22% compared to 2019. 49% of Cox's compensation, or $2.7M, was in stock awards. Cox also received $362K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $689K in salary, as well as $94K in other compensation.
Ronald J. Forest, President, received a compensation package of $2.2M, which increased by 31% compared to previous year. 37% of the compensation package, or $804K, was in stock awards.
Joel M. Wine, Chief Financial Officer, earned $2.2M in 2020, a 30% increase compared to previous year.
John P. Lauer, Executive Vice President and Chief Commercial Officer, received $1.8M in 2020, which increases by 45% compared to 2019.
Peter T. Heilmann, Chief Administrative Officer, earned $1.8M in 2020, a 31% increase compared to previous year.
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Source: SEC filing on March 9, 2021.