Sundar PichaiSundar Pichai earned $164M in 2023

Clarence L. Werner has had a long and interesting journey with Werner Enterprises, which he founded back in 1956. He has seen the company grow from a small sole proprietorship to a major player in the transportation industry. Werner served...

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Clarence L. Werner

Founder and Ex-CEO of Werner Enterprises

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Sector of Economy

Industrials

Born

December 1, 1938 - 86 years ago

CEO of Werner Enterprises for

0 years 8 months (Aug 2015 - May 2016)

Previous Experience

Founder and Chairman of Werner Enterprises

Holdings

See how much did Clarence L. Werner make over time.

As the founder of Werner Enterprises, Clarence L. Werner had substantial interests in the company throughout his career. His wealth and holdings peaked when he was at the helm as CEO from 1984 to 2007. Over time, as he transitioned...

Total Stock Sold

$611.02M

WERN

$611.02M

14,970,023 WERN shares

What if they kept their stock?

If Clarence L. Werner didn't sell their stock, today they would have:
Extra WERN14,970,023 shares worth $613.17M.
This is 0.35% and $2.15M more than what they got when they sold the stock.

Charitable Transactions

WERN

1,266,900 shares

WERN

Recent Charitable Transactions

WERN

25,500 shares

WERN

Mar 14, 2018

Charity

WERN

55,400 shares

WERN

Sep 29, 2017

Charity

WERN

40,000 shares

WERN

May 11, 2016

Charity

WERN

39,700 shares

WERN

Oct 5, 2015

Charity

WERN

43,700 shares

WERN

Nov 5, 2014

Charity

WERN

40,500 shares

WERN

Dec 27, 2013

Charity

Insider Trading

See recent insider trades of Clarence L. Werner.

WERN

$579.35M

WERN at $41.00/share

Jun 8, 2020

Sale

WERN

14,804 shares

WERN

Feb 13, 2020

Received

WERN

17,020 shares

WERN

Feb 7, 2019

Received

WERN

25,500 shares

WERN

Mar 14, 2018

Charity

WERN

14,952 shares

WERN

Feb 7, 2018

Received

WERN

55,400 shares

WERN

Sep 29, 2017

Charity

WERN

40,000 shares

WERN

May 11, 2016

Charity

WERN

39,700 shares

WERN

Oct 5, 2015

Charity

WERN

$1.43K

WERN at $29.87/share

Dec 10, 2014

Purchase

WERN

43,700 shares

WERN

Nov 5, 2014

Charity

Compensation History

See how much did Clarence L. Werner make over time.

Clarence L. Werner's compensation has varied significantly over the years. In 2016, he earned a total of $2,161,099, which included a base salary of $525,964. However, he faced a setback as he did not earn any stock awards that year due to unmet performance objectives. His bonus, which stood at $550,000, was based on individual performance and company results. Throughout his career, his compensation has included bonuses tied to the company's financial performance, emphasizing a system designed to reward not just individual achievements but also collective success. In earlier years, he saw more significant compensation figures, such as over $1 million in 2007, showcasing peaks in both company performance and his contributions during times of growth.

Year

2016

Total Compensation

$1.12M

Salary

$525.96K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$550.00K

Board Justification

Annual cash bonuses are awarded by the Compensation Committee based on individual performance and company financial performance.

Other

$40.96K

Board Justification

Includes perquisites and other personal benefits, tax reimbursements, and contributions to retirement plans.

Restricted Stock

$0.00(0 Performance Stock)

Board Justification

No stock awards were earned in 2016 as performance objectives were not met.

Performance Metrics

The performance metrics for the annual cash bonus and long-term incentives are based on company financial performance and individual contributions.