Sundar PichaiSundar Pichai earned $164M in 2023

Tim Phillips is the Chief Executive Officer and President of Universal Logistics Holdings, Inc., a position he's held since January 10, 2020. With a solid educational background that includes a Bachelor of Business Administration in Business Management from Eastern Michigan...

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Tim Phillips

CEO of Universal Logistics Holdings, Inc.

Education

Bachelor of Business Administration in Business Management from Eastern Michigan University

Field of Expertise

Transportation & Logistics - Logistics

Sector of Economy

Industrials

Born

January 1, 1966 - 59 years ago

CEO of Universal Logistics Holdings, Inc. for

5 years 5 months (Jan 2020 - Present)

Previous Experience

President of Universal Intermodal Services, Inc.

Rivals

Competitors/colleagues of Tim Phillips

Holdings

See how much did Tim Phillips make over time.

Tim Phillips has been actively managing his investments in Universal Logistics. As of 2023, his holdings included a significant stock award of restricted shares. He received 60,000 shares in 2020, vesting in parts over the next several years, which aligns...

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Insider Trading

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ULH

$175.02K

ULH at $29.73/share

Feb 10, 2025

Received

ULH

$164.91K

ULH at $31.96/share

Feb 14, 2024

Received

ULH

$252.01K

ULH at $27.59/share

Mar 24, 2023

Received

ULH

$1.13M

ULH at $18.82/share

Jan 10, 2020

Received

Compensation History

See how much did Tim Phillips make over time.

In 2023, Tim Phillips earned a total compensation of $1,232,090. This includes a base salary of $601,950 and a bonus of $378,000 awarded based on company performance. He also received stock awards valued at $252,007, and additional minor compensation for life insurance premiums. Tim's pay structure reflects a balance between salary and performance-based incentives, ensuring that his interests align with those of the company's shareholders. Historically, his total compensation has varied: in 2022, he earned $1,147,402, while in 2021, it was $1,000,165. This demonstrates a focus on rewarding effective leadership and results in a fluctuating logistics market.

Year

2023

Total Compensation

$1.05M

Salary

$601.95K

Board Justification

The compensation philosophy aims to attract, motivate, reward, and retain management talent while aligning their interests with those of shareholders and encouraging long-term value creation.

Bonus

$378.00K

Board Justification

Discretionary cash bonuses awarded based on individual and company performance, paid in March 2024.

Other

$133.00

Board Justification

Represents term life insurance premiums paid for the CEO.

Restricted Stock

$70.05K(2.5K Common Stock)

Board Justification

Restricted stock awards that vested in 2023, with a total of 2,500 shares vested during the year.

Performance Metrics

The performance metrics include financial measurements such as revenue growth and operating ratios, which directly impact the cash bonuses awarded.

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