Overseas Shipholding Group CEO Samuel Norton's 2019 pay falls 40% to $2M
Overseas Shipholding Group reports 2019 executive compensation
By ExecPay News
Published: April 14, 2020
Overseas Shipholding Group reported fiscal year 2019 executive compensation information on April 14, 2020.
In 2019, four executives at Overseas Shipholding Group received on average a compensation package of $1.1M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Overseas Shipholding Group
Samuel H. Norton, Chief Executive Officer, received $2M in total, which decreased by 40% compared to 2018. 46% of Norton's compensation, or $921K, was in non-equity incentive plan. Norton also received $425K in salary, $638K in stock awards, as well as $19K in other compensation.
Richard Trueblood, Chief Financial Officer, received a compensation package of $917K, which increased by 7% compared to previous year. 43% of the compensation package, or $395K, was in non-equity incentive plan.
Patrick J. O'Halloran, Vice President and Chief Operations Officer, earned $790K in 2019, a 6% increase compared to previous year.
Damon M. Mote, Chief Administrative Officer, received $790K in 2019, which increases by 6% compared to 2018.
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Source: SEC filing on April 14, 2020.