In 2022, Charles W. Moorman earned $2.00M in total compensation at Norfolk Southern, including $900.00K salary and $901.28K bonus. Currently holds stock worth $124.34M. Has donated $53.85M in stock to charitable causes. Has led Norfolk Southern for over 20 years.
Compensation History
Annual executive compensation data for Charles W. Moorman, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.00M
Salary
$900.00K
Bonus
$901.28K
Other
$200.85K
Salary
$900.00KBoard Justification
The compensation program is designed to align executives’ compensation with the Corporation’s overall business strategies, attract and retain highly qualified executives, and provide incentives that drive shareholder value.
Bonus
$901.28KBoard Justification
Annual incentive based on performance metrics including operating ratio and operating income, with a corporate performance percentage of 49.4% resulting in a payout of 151% of target.
Other Compensation
$200.85KBoard Justification
Includes matching contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
No stock was vested in 2022 as the focus is on the performance share units and restricted stock units that are not included in this calculation.
Performance Metrics
The performance metrics for 2022 included operating ratio and operating income, with a focus on achieving strategic objectives.
Charles W. Moorman
CEO of Norfolk Southern
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
September 28, 1953 - 72 years ago
CEO of Norfolk Southern for
20 years 1 month (Nov 2005 - Present)
Previous Experience
President of Thoroughbred Technology and Telecommunications, Inc., Senior Vice President Corporate Planning and Services, Senior Vice President Corporate Services
Other Norfolk Southern CEOs
Holdings
Track Charles W. Moorman's stock holdings and portfolio value over time.
Total Stock Sold
$26.64M
$26.64M
288,412 NSC shares
What if they kept their stock?
If Charles W. Moorman didn't sell their stock, today they would have:
Extra NSC288,412 shares worth $84.85M.
This is 218.47% and $58.21M more than what they got when they sold the stock.
Charitable Transactions
183,032 shares
NSC
Recent Charitable Transactions
3,214 shares
NSC
Mar 5, 2015
Charity
210 shares
NSC
Aug 21, 2014
Charity
4,550 shares
NSC
Mar 13, 2014
Charity
9,524 shares
NSC
Jan 23, 2014
Charity
Insider Trading
Charles W. Moorman's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Charles W. Moorman with competitor CEOs and industry peers.
David P. Abney
CEO of United Parcel Service, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.51M
Bonus
$0.00
Other
$95.67K
Total Holdings
$1.01M
Lance M. Fritz
CEO of Union Pacific
2024 Compensation
Stock
$0.00
Salary
$1.33M
Bonus
$4.00M
Other
$312.22K
Total Holdings
$121.40K
Joseph R. Hinrichs
CEO of CSX
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$2.42M
Other
$0.00
Total Holdings
$30.34M