In 2022, James A. Squires earned $7.91M in total compensation at Norfolk Southern, including $366.67K salary and $7.34M bonus. Most recently acquired 20,396 shares in Jan 2023. Currently holds stock worth $19.41M. Has donated $77.01M in stock to charitable causes. Led Norfolk Southern as CEO for 6 years.
Compensation History
Annual executive compensation data for James A. Squires, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$7.91M
Salary
$366.67K
Bonus
$7.34M
Other
$205.71K
Salary
$366.67KBoard Justification
The compensation philosophy emphasizes performance-based incentives to align executive compensation with shareholder interests, focusing on achieving strategic goals and financial performance metrics.
Bonus
$7.34MBoard Justification
The annual incentive award was based on performance against corporate goals, with a payout of 49.4% of the target opportunity, resulting in a cash bonus of $407,426 for the period he served as Chairman and CEO before retirement.
Other Compensation
$205.71KBoard Justification
This includes life insurance premiums and other benefits provided during his tenure as CEO.
Restricted Stock
Board Justification
No stock awards vested in 2022 as Mr. Squires retired on May 1, 2022, and any stock grants would have been forfeited due to his retirement.
Performance Metrics
The performance metrics for the annual incentive plan included operating ratio, operating income, and progress towards strategic objectives.
James A. Squires
Ex-CEO of Norfolk Southern
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
September 22, 1961 - 64 years ago
CEO of Norfolk Southern for
6 years 11 months (Jun 2015 - May 2022)
Previous Experience
Executive Vice President Administration, Executive Vice President Finance and Chief Financial Officer
Holdings
Track James A. Squires's stock holdings and portfolio value over time.
Total Stock Sold
$110.94M
$110.94M
523,738 NSC shares
What if they kept their stock?
If James A. Squires didn't sell their stock, today they would have:
Extra NSC523,738 shares worth $154.08M.
This is 38.88% and $43.14M more than what they got when they sold the stock.
Charitable Transactions
261,780 shares
NSC
Recent Charitable Transactions
16,000 shares
NSC
Mar 24, 2022
Charity
14,000 shares
NSC
Mar 21, 2022
Charity
14,000 shares
NSC
Mar 21, 2022
Charity
3,200 shares
NSC
Aug 4, 2021
Charity
3,177 shares
NSC
May 26, 2021
Charity
16,456 shares
NSC
Mar 9, 2021
Charity
Insider Trading
James A. Squires's recent stock transactions, purchases, and sales filed with the SEC.
20,396 shares
NSC
Jan 26, 2023
Received
$5.23M
NSC at $245.76/share
Dec 8, 2022
Sale
$26.32M
NSC at $249.64/share
Aug 2, 2022
Sale
$6.90M
NSC at $247.54/share
May 16, 2022
Sale
16,000 shares
NSC
Mar 24, 2022
Charity
14,000 shares
NSC
Mar 21, 2022
Charity
14,000 shares
NSC
Mar 21, 2022
Charity
$16.94M
NSC at $269.36/share
Jan 27, 2022
Sale
29,481 shares
NSC
Jan 27, 2022
Received
3,200 shares
NSC
Aug 4, 2021
Charity
Rivals
Compare James A. Squires 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