XPO Logistics CEO Michael Welch's 2010 pay jumps 103% to $419K
XPO Logistics reports 2010 executive compensation
By ExecPay News
Published: April 29, 2011
XPO Logistics reported fiscal year 2010 executive compensation information on April 29, 2011.
In 2010, two executives at XPO Logistics received on average a compensation package of $337K, a 104% increase compared to previous year.
Average pay of disclosed executives at XPO Logistics
Michael R. Welch, Chief Executive Officer, received $419K in total, which increased by 103% compared to 2009. 49% of Welch's compensation, or $205K, was in salary. Welch also received $30K in bonus, $152K in non-equity incentive plan, $28K in option awards, as well as $4K in other compensation.
John D. Welch, Chief Financial Officer, received a compensation package of $255K, which increased by 104% compared to previous year. 51% of the compensation package, or $130K, was in salary.
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Source: SEC filing on April 29, 2011.