In 2022, Derek J. Leathers earned $1.01M in total compensation at Werner Enterprises, primarily from $875.00K salary. Most recently acquired 48,080 shares in Feb 2024. Currently holds stock worth $7.90M. 9+ years at the helm of Werner Enterprises.
Compensation History
Annual executive compensation data for Derek J. Leathers, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.01M
Salary
$875.00K
Bonus
$0.00
Other
$133.74K
Salary
$875.00KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain high-quality executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$0.00Board Justification
No bonus was reported for 2022.
Other Compensation
$133.74KBoard Justification
Other compensation includes perquisites such as personal use of company aircraft, country club membership, and medical care membership program.
Restricted Stock
Board Justification
No stock was vested in 2022 as the performance stock awarded in 2022 is subject to a two-year performance period and will vest in 2025.
Performance Metrics
The performance metrics for the cash annual incentive program (AIP) included operating income and revenue growth.
Derek J. Leathers
CEO of Werner Enterprises
Education
Not specified
Field of Expertise
Transportation & Logistics - Transportation
Sector of Economy
Industrials
Born
June 1, 1970 - 55 years ago
CEO of Werner Enterprises for
9 years 6 months (May 2016 - Present)
Previous Experience
President and COO of Werner Enterprises
Other Werner Enterprises CEOs
Holdings
Track Derek J. Leathers's stock holdings and portfolio value over time.
Total Stock Sold
$5.22M
$5.22M
164,730 WERN shares
What if they kept their stock?
If Derek J. Leathers didn't sell their stock, today they would have:
Extra WERN164,730 shares worth $4.87M.
This is -6.66% and $347.67K less than what they got when they sold the stock.
Insider Trading
Derek J. Leathers's recent stock transactions, purchases, and sales filed with the SEC.
48,080 shares
WERN
Feb 9, 2024
Received
$1.97M
WERN at $37.84/share
Jan 5, 2023
Received
39,141 shares
WERN
Feb 23, 2023
Received
$2.08M
WERN at $36.78/share
Jan 4, 2022
Received
37,327 shares
WERN
Feb 7, 2022
Received
$1.22M
WERN at $39.67/share
Jan 6, 2021
Received
33,902 shares
WERN
Feb 11, 2021
Received
$1.63M
WERN at $35.74/share
Jan 3, 2020
Received
$1.59M
WERN at $47.00/share
Aug 27, 2020
Sale
36,844 shares
WERN
Feb 13, 2020
Received
Rivals
Compare Derek J. Leathers with competitor CEOs and industry peers.
Michael Gerdin
CEO of Heartland Express
2022 Compensation
Stock
$0.00
Salary
$860.00K
Bonus
$0.00
Other
$8.90K
Total Holdings
$231.76M
Randolph L. Marten
CEO of Marten Transport
2019 Compensation
Stock
$420.00K
Salary
$706.26K
Bonus
$173.74K
Other
$10.64K
Total Holdings
$248.32M
Mark Rourke
CEO of Schneider National
2023 Compensation
Stock
$1.57M
Salary
$941.67K
Bonus
$1.30M
Other
$149.06K
Total Holdings
$36.61M
Phillip D. Yeager
CEO of HUB Group
2023 Compensation
Stock
$703.05K
Salary
$750.00K
Bonus
$0.00
Other
$64.64K
Total Holdings
$23.04M