Matson CEO Matthew Cox's 2021 pay rises 9% to $6M
Matson reports 2021 executive compensation
By ExecPay News
Published: March 14, 2022
Matson reported fiscal year 2021 executive compensation information on March 14, 2022.
In 2021, five Matson executives received on average a compensation package of $2.9M, a 9% increase compared to previous year.
Average pay of disclosed executives at Matson
Matthew J. Cox, Chief Executive Officer, received $6M in total, which increased by 9% compared to 2020. 53% of Cox's compensation, or $3.2M, was in stock awards. Cox also received $112K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $862K in salary, as well as $95K in other compensation.
Joel M. Wine, Chief Financial Officer, received a compensation package of $2.3M, which increased by 6% compared to previous year. 38% of the compensation package, or $878K, was in stock awards.
Ronald J. Forest, President, earned $2.2M in 2021, a 2% increase compared to previous year.
John P. Lauer, Executive Vice President and Chief Commercial Officer, received $2.1M in 2021, which increases by 18% compared to 2020.
Peter T. Heilmann, Chief Administrative Officer, earned $1.9M in 2021, a 9% increase compared to previous year.
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Source: SEC filing on March 14, 2022.