Sundar PichaiSundar Pichai earned $164M in 2023

Randolph L. Marten has been the driving force behind Marten Transport since 1983. With a Bachelor's degree in Business Administration, he doesn't just manage; he leads with experience. This company is known for its strong performance metrics and focus on...

Quick Links
M

Randolph L. Marten

Ex-CEO of Marten Transport

Education

Not specified

Field of Expertise

Transportation & Logistics - Transportation

Sector of Economy

Industrials

Born

March 15, 1953 - 72 years ago

CEO of Marten Transport for

16 years 4 months (Jan 2005 - May 2021)

Previous Experience

President, Chief Operating Officer, Vice President at Marten Transport

Holdings

See how much did Randolph L. Marten make over time.

Randolph L. Marten's stock holdings experienced notable fluctuations, hitting a peak of about $400 million in value in 2022. His stock holdings reflect a serious commitment to ensuring the success of Marten Transport. Over time, he has demonstrated confidence in...

Mar 18, 2025

Total Stock Sold

$6.36M

MRTN

$6.36M

1,036,912.5 MRTN shares

What if they kept their stock?

If Randolph L. Marten didn't sell their stock, today they would have:
Extra MRTN1,036,912.5 shares worth $16.31M.
This is 156.7% and $9.96M more than what they got when they sold the stock.

Charitable Transactions

MRTN

4,125 shares

MRTN

Recent Charitable Transactions

MRTN

1,000 shares

MRTN

Aug 21, 2024

Charity

MRTN

750 shares

MRTN

Aug 16, 2023

Charity

MRTN

875 shares

MRTN

Apr 23, 2021

Charity

MRTN

500 shares

MRTN

Nov 8, 2018

Charity

MRTN

500 shares

MRTN

Jun 22, 2017

Charity

Insider Trading

See recent insider trades of Randolph L. Marten.

MRTN

1,000 shares

MRTN

Aug 21, 2024

Charity

MRTN

10,179 shares

MRTN

May 7, 2024

Received

MRTN

750 shares

MRTN

Aug 16, 2023

Charity

MRTN

8,765 shares

MRTN

May 2, 2023

Received

MRTN

14,550 shares

MRTN

Mar 14, 2023

Received

MRTN

10,458 shares

MRTN

May 3, 2022

Received

MRTN

13,156.25 shares

MRTN

Mar 1, 2022

Received

MRTN

94.38 shares

MRTN

Dec 27, 2021

Received

MRTN

2,742.33 shares

MRTN

Oct 4, 2021

Received

MRTN

280.56 shares

MRTN

Jun 30, 2021

Received

Compensation History

See how much did Randolph L. Marten make over time.

In 2019, Randolph L. Marten's compensation totaled $706,260, comprising salary, bonuses, and vested stock awards. His salary was $706,260, alongside a cash bonus of $173,740, which was a direct payoff for the company's performance metrics, specifically tied to net income increases. This reflects a genuine performance-oriented pay structure. Marten also received 19,544 shares of vested stock, valued at approximately $420,000, demonstrating that his rewards are closely linked to the company’s success. Over the past years, his compensation has shifted with the company's performance, showcasing an adaptive remuneration approach that balances retention and motivation for continuous improvement.

Year

2019

Total Compensation

$1.31M

Salary

$706.26K

Board Justification

The compensation philosophy aligns executive compensation with company performance, focusing on long-term value creation and retention of key executives.

Bonus

$173.74K

Board Justification

Cash bonus awarded based on the company's performance metrics, specifically a percentage of the increase in net income from the previous year, amounting to 24.6% of base salary.

Other

$10.64K

Board Justification

Includes life insurance premiums, 401(k) match, and personal commercial travel expenses.

Restricted Stock

$420.00K(19.54K common stock)

Board Justification

Performance unit awards that vested in 2019, based on the company's increase in net income compared to the previous year, with shares distributed in March 2020.

Performance Metrics

The performance metrics for determining compensation included net income growth compared to the previous year.

Other Marten Transport CEOs

Here are other CEOs of Marten Transport