Mark Filanowski is the Chief Executive Officer of Pangaea Logistics Solutions and has a strong background in finance. He earned his MBA from New York University and a BS from the University of Connecticut. His career started at Ernst &...

Mark Filanowski is the Chief Executive Officer of Pangaea Logistics Solutions and has a strong background in finance. He earned his MBA from New York University and a BS from the University of Connecticut. His career started at Ernst & Young, where he spent eight years before moving on to positions including Vice President at Armtek Corporation and Chief Financial Officer at Marine Transport Corporation, where he played a key role in taking the company private. In 2002, he co-founded Intrepid Shipping LLC. He has served on the board of various organizations and has experience in marine insurance. Under his leadership, Pangaea Logistics Solutions focuses on performance metrics that prioritize safety, revenue generation, and governance. Filanowski's compensation includes a significant bonus linked to company performance, showing how closely he aligns his interests with those of the company and its shareholders.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Pangaea Logistics Solutions CEOs

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Mark Filanowski

Ex-CEO of Pangaea Logistics Solutions

Education

MBA from New York University, BS from University of Connecticut

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1956 - 69 years ago

CEO of Pangaea Logistics Solutions for

0 years 1 month (Sep 2021 - Nov 2021)

Previous Experience

Former CFO and Senior Vice President at Marine Transport Corporation

Rivals

Competitors/colleagues of Mark Filanowski

Holdings

See how much did Mark Filanowski make over time.

Mark Filanowski's stock holdings have shown impressive growth over time. Notably, his holdings were valued significantly lower in 2019 and increased substantially, with values reaching around $3.6 million by May 2024. He strategically managed his investments amid market fluctuations, indicating...

Mark Filanowski's stock holdings have shown impressive growth over time. Notably, his holdings were valued significantly lower in 2019 and increased substantially, with values reaching around $3.6 million by May 2024. He strategically managed his investments amid market fluctuations, indicating his strong belief in the long-term prospects of Pangaea Logistics Solutions. His stock holdings climbed substantially between 2021 and 2024, with monthly values routinely exceeding $1 million, peaking at $3.45 million in early 2024. This reflects not only his personal financial stake in the company but also confidence in its direction and success.

Mar 18, 2025

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shares

PANL @ $5.61

Charitable Transactions

PANL

44,007 shares

PANL

Recent Charitable Transactions

PANL

4,500 shares

PANL

Nov 27, 2023

Charity

PANL

6,000 shares

PANL

Dec 14, 2022

Charity

PANL

7,500 shares

PANL

Dec 8, 2021

Charity

PANL

7,507 shares

PANL

Dec 8, 2020

Charity

PANL

9,000 shares

PANL

Dec 10, 2019

Charity

PANL

9,500 shares

PANL

Dec 21, 2018

Charity

Insider Trading

See recent insider trades of Mark Filanowski.

PANL

57,388 shares

PANL

Mar 19, 2024

Received

PANL

4,500 shares

PANL

Nov 27, 2023

Charity

PANL

4,500 shares

PANL

Nov 27, 2023

Charity

PANL

81,301 shares

PANL

Jan 3, 2023

Received

PANL

6,000 shares

PANL

Dec 14, 2022

Charity

PANL

6,000 shares

PANL

Dec 14, 2022

Charity

PANL

$134.75K

PANL at $3.85/share

Jan 3, 2022

Received

PANL

7,500 shares

PANL

Dec 8, 2021

Charity

PANL

7,500 shares

PANL

Dec 8, 2021

Charity

PANL

50,000 shares

PANL

Dec 28, 2020

Received

Compensation History

See how much did Mark Filanowski make over time.

In 2021, Mark Filanowski's total compensation as CEO was approximately $1.15 million, including a salary of $200,000, a performance-based bonus of $775,000, stock worth around $134,750 from vested restricted stock units, and other benefits totaling $38,270. His bonus reflects how well the company performed on key metrics such as safety and revenue. His compensation package is structured to align closely with Pangaea's success, showcasing an emphasis on driving value for shareholders. The focus on performance metrics in his compensation plan helps ensure that he maximizes the company's potential over the long term.

Year

2021

Total Compensation

$1.15M

Salary

$200.00K

Board Justification

The compensation philosophy is designed to align the CEO's compensation with the company's performance, ensuring that it attracts and retains top talent while rewarding performance that drives shareholder value.

Bonus

$775.00K

Board Justification

The bonus is based on the company's performance metrics including safety, revenue, cash flow generation, cost control, governance, and individual performance for the year 2021.

Other

$38.27K

Board Justification

This includes health benefits and 401(k) contributions for the year 2021.

Restricted Stock

$134.75K(134.75K Restricted Stock Units (RSUs))

Board Justification

The stock awarded to the CEO that vested in 2021 as part of the long-term incentive plan, reflecting the company's performance and retention strategy.

Performance Metrics

Performance metrics include safety and environmental performance, revenue generation, cash flow, cost control, and individual performance against set goals.