C.H. ROBINSON WORLDWIDE
John Wiehoff, chairman, president, CEOTotal compensation: $5,383,406 for the year ended Dec. 31
Salary: $410,000
Non-equity incentive pay: $1,532,657
Other compensation: $22,784
Value realized on vesting shares: $3,417,965
New stock options: 63,380
Total 2011 return to shareholders: -11.5 percent
Notes: Wiehoff's total compensation for 2011 was down from $14.1 million in 2010 -- a year when he exercised $7.9 million of stock options. 2011 was the first time in five years that Wiehoff didn't exercise any options.
Wiehoff's base salary hadn't changed in five years, but Wiehoff and other executives were given $10,000 raises in 2011 to compensate for the elimination of some perquisites. Wiehoff's non-equity incentive pay increased by 10.2 percent, which was primarily the result of an 11 percent increase in the company's adjusted pretax income in 2011 compared to 2010.
C.H. Robinson provides transportation and logistic services to the transportation industry and in 2011 surpassed $10 billion in annual revenue for the first time.
PATRICK KENNEDY
