Overseas Shipholding Group CEO Morten Arntzen receives $3.8M in 2006
Overseas Shipholding Group reports 2006 executive compensation
By ExecPay News
Published: April 30, 2007
Overseas Shipholding Group reported fiscal year 2006 executive compensation information on April 30, 2007.
In 2006, six executives at Overseas Shipholding Group received on average a compensation package of $1.7M.
Average pay of disclosed executives at Overseas Shipholding Group
Morten Arntzen, Chief Executive Officer, received $3.8M in total. 42% of Arntzen's compensation, or $1.6M, was in non-equity incentive plan. Arntzen also received $616K in option awards, $750K in salary, $702K in stock awards, as well as $173K in other compensation.
Myles R. Itkin, Chief Financial Officer, received a compensation package of $1.8M. 45% of the compensation package, or $787K, was in non-equity incentive plan.
Robert E. Johnston, Senior Vice President and Head of Shipping Operations, earned $1.6M in 2006.
Mats Berglund, Senior Vice President and Head of Crude Transportation, received $1.6M in 2006.
George Dienis, Chief Operating Officer, earned $894K in 2006.
Lois K. Zabrocky, Senior Vice President and Head of the Product Carriers, received $651K in 2006.
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Morten Arntzen
Overseas Shipholding Group
Chief Executive Officer
Myles Itkin
Overseas Shipholding Group
Chief Financial Officer
Robert Johnston
Overseas Shipholding Group
Chief Executive Officer
Mats Berglund
Overseas Shipholding Group
Former Senior Vice President and Head of Crude Transportation
Lois Zabrocky
Overseas Shipholding Group
Co, President and Head of International Flag SBU
George Dienis
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Source: SEC filing on April 30, 2007.