Richard du Moulin is a seasoned leader in the logistics and shipping industry, currently serving as a director at Pangaea Logistics Solutions Ltd. Born in 1953, he has over 40 years of industry experience, making significant strides in operational roles....

Richard du Moulin is a seasoned leader in the logistics and shipping industry, currently serving as a director at Pangaea Logistics Solutions Ltd. Born in 1953, he has over 40 years of industry experience, making significant strides in operational roles. Du Moulin founded Intrepid Shipping LLC in 2002 after a successful 15-year tenure at OMI Corporation, where he held positions such as Executive Vice President and Chief Operating Officer. With a strong military background in the US Navy, he also has an MBA from Harvard, which is a solid foundation for his strategic thinking in the shipping business. Additionally, he has been involved with various organizations, including serving as Chairman of Intertanko, a key trade group for the tanker industry. Du Moulin's comprehensive knowledge and hands-on experience in logistics make him a pivotal player in steering Pangaea in today’s competitive shipping landscape.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Pangaea Logistics Solutions CEOs

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Richard du Moulin

Ex-CEO of Pangaea Logistics Solutions

Education

Not specified

Field of Expertise

Transportation & Logistics - Logistics

Sector of Economy

Industrials

Born

January 1, 1953 - 72 years ago

CEO of Pangaea Logistics Solutions for

0 years 3 months (Nov 2021 - Feb 2022)

Previous Experience

Director of Pangaea Logistics Solutions Ltd.

Rivals

Competitors/colleagues of Richard du Moulin

Holdings

See how much did Richard du Moulin make over time.

Richard du Moulin's holdings reflect his strategic background in the logistics sector, particularly with Pangaea Logistics Solutions Ltd. His insider trading activity shows significant fluctuations in value, particularly in 2023. At one point, his holdings peaked with a value close...

Richard du Moulin's holdings reflect his strategic background in the logistics sector, particularly with Pangaea Logistics Solutions Ltd. His insider trading activity shows significant fluctuations in value, particularly in 2023. At one point, his holdings peaked with a value close to $3.84M in October 2023. Just months later, by December 2023, the worth climbed to an impressive $4.09M, showcasing his keen insight and the growth trajectory of the company. Fluctuations in his holdings generally align with key moments in Pangaea's performance and market movements, offering a glimpse into his strategic investment approach and confidence in the company's direction.

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Insider Trading

See recent insider trades of Richard du Moulin.

PANL

$120.00K

PANL at $8.51/share

Feb 16, 2024

Received

PANL

$100.00K

PANL at $6.14/share

Feb 15, 2023

Received

PANL

$100.00K

PANL at $4.68/share

Feb 16, 2022

Received

PANL

$100.00K

PANL at $3.52/share

Feb 17, 2021

Received

PANL

$100.00K

PANL at $3.08/share

Feb 18, 2020

Received

PANL

$85.00K

PANL at $3.29/share

Feb 18, 2019

Received

PANL

$85.00K

PANL at $2.87/share

Feb 16, 2018

Received

PANL

22,866 shares

PANL

Jan 25, 2017

Received

PANL

5,041 shares

PANL

Nov 7, 2016

Received

PANL

8,353 shares

PANL

Aug 10, 2016

Received

Compensation History

See how much did Richard du Moulin make over time.

In 2022, Richard du Moulin's total compensation from Pangaea Logistics Solutions reached approximately $2.07M. His salary was $250,000, but the majority came from a substantial bonus of $1.35M, which was tied to the company's performance in various areas, including safety and revenue generation. He also received vested stock worth $439,838 that year. In 2021, his total compensation was significantly lower at about $1.15M, primarily due to a smaller bonus of $775,000. These fluctuations clearly indicate how closely his earnings are tied to the company's successes over the years, highlighting his commitment to aligning personal performance with company goals. The compensation structure clearly reflects Pangaea's emphasis on performance metrics and shareholder alignment.

Year

2022

Total Compensation

$2.07M

Salary

$250.00K

Board Justification

The compensation philosophy aims to attract and retain qualified executives, aligning compensation with performance and market benchmarks.

Bonus

$1.35M

Board Justification

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

Other

$35.01K

Board Justification

This amount represents the Company’s matching contributions under the Company’s 401(k) plan and health insurance premiums paid by the Company.

Restricted Stock

$439.84K(439.84K RSU)

Board Justification

The stock awards that vested in 2022 were based on performance metrics set by the Compensation Committee and included in the long-term incentive plan.

Performance Metrics

The performance metrics include safety and environmental performance, revenue, cash flow generation, cost control, governance, and individual performance.