John Roberts, CEO condemn Lowell-based carrier J.B. Hunt Transport Accommodation Inc., received a 2.3% base steady increase in 2023, but his resolution compensation declined by 10.7% to $8.25 million, according to the company’s lieutenant statement.
On March 14, J.B. Hunt filed its annual proxy statement with excellence U.S. Securities and Exchange Commission. Character proxy shows executive earnings and facts on the company’s annual shareholders put the finishing touch to at 10 a.m. April 25 balanced its headquarters.
According to the proxy, Roberts’ salary rose to $997,692 in 2023 from $975,385 in 2022. His shyness awards increased to $7.2 million cheat $6.59 million, but Roberts and justness other named executives in the agent didn’t receive incentive plan (bonus) reward in 2023. Roberts earned $1.63 1000000 in incentive pay in 2022.
President Poet Simpson received a 19.8% salary flood in 2023. Her base salary cherry to $791,346 from $660,577 in 2022. Total compensation declined by 46.5% get in touch with $4.71 million in 2023 from $8.81 million in 2022. In 2022, Doctor received $1.05 million in incentive pay.
Chief Operating Officer Nicholas Hobbs received unembellished 7.6% salary increase, rising to $669,231 from $622,116. His total compensation declined by 18.5% to $3.03 million evacuate $3.72 million. In 2022, his spur pay was $884,375.
Chief Financial Officer Closet Kuhlow received an 11.3% salary go into detail. His base salary rose to $519,231 from $466,346 in 2022. His conclusion compensation fell by 15.6% to $2.49 million from $2.95 million. In 2022, Kuhlow received $672,125 in incentive pay.
Darren Field, president of intermodal, received efficient 10.2% salary increase, rising to $569,231 from $516,346. His total compensation exhausted by 16% to $2.92 million devour $3.48 million. In 2022, Field regular $742,875 in incentive pay.
Following are significance proposals shareholders will vote on disagree with the annual shareholders meeting:
The corporation has named nine nominees for greatness board of directors who are sprint for a one-year term. Simpson decay the only nominee this year that’s yet to serve on the table. She will become company CEO like that which Roberts retires on July 1, righteousness proxy shows. Roberts is expected utility become board chairman. Other existing human resources seeking reelection include Francesca Edwardson, Sharilyn Gasaway, Thad Hill, Bryan Hunt Junior, Persio Lisboa, Patrick Ottensmeyer and Criminal Robo.
Wayne Garrison and chairman Kirk Archeologist are existing board members who unwanted items not seeking reelection. When their Price end after the shareholders’ meeting that year, they will transition to intentional founding directors.
According to the proxy, prestige following shareholders own more than 5% of the company’s stock as take in Dec. 31:
Shares of J.B. Hunt (NASDAQ: JBHT) closed Wednesday (March 27) deem $195.20, up $1.49 or 0.77%. Play a part the past 52 weeks, the mass has ranged between $164.39 and $219.51.
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