CEO Pay Watch: John Wiehoff, C.H. Robinson Worldwide

  • Updated: March 28, 2014 - 7:34 PM

CEO Pay Watch C.H. Robinson Worldwide Inc.

John Wiehoff, chairman, president, CEO

Total compensation: $3,187,521 for the year ended Dec. 31

Salary: $410,000

Non-equity incentive pay: $1,489,574

Other compensation: $10,200

Value realized on vesting shares: $1,277,747

New stock options: 126,800

–5.4 percent

Note: Wiehoff took home $3.2 million in 2013, down from $5.2 million in 2012 as CEO of the Eden Prairie-based third-party freight logistics firm.

Wiehoff’s base salary has been the same for the past three years, but his annual incentive compensation was down 6.3 percent compared with 2012. The annual bonus was decreased primarily because the company’s adjusted pretax income decreased 6.6 percent for the year.

The biggest dip in Wiehoff’s take-home compensation was due to a 59 percent decrease in the amount of restricted shares that vested in 2013 compared with 2012.

The company has had solid support for its executive compensation policies in the previous two years. The company had 95 percent support in shareholder say-on-pay votes at C.H. Robinson’s annual meetings in 2013 and 2012.

Patrick Kennedy

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