Overseas Shipholding Group CEO Samuel Norton's 2021 pay rises 14% to $2.3M
Overseas Shipholding Group reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
Overseas Shipholding Group reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, four executives at Overseas Shipholding Group received on average a compensation package of $1.3M, a 14% increase compared to previous year.
Samuel H. Norton, Chief Executive Officer, received $2.3M in total, which increased by 14% compared to 2020. 58% of Norton's compensation, or $1.3M, was in stock awards. Norton also received $531K in non-equity incentive plan, $425K in salary, as well as $20K in other compensation.
Richard Trueblood, Chief Financial Officer, received a compensation package of $1.1M, which increased by 15% compared to previous year. 48% of the compensation package, or $510K, was in stock awards.
Patrick J. O'Halloran, Chief Operating Officer, earned $934K in 2021, a 15% increase compared to previous year.
Damon M. Mote, Chief Administrative Officer, received $934K in 2021, which increases by 15% compared to 2020.