Named Executive Officer Compensation

EX-10.1 2 ex_114065.htm EXHIBIT 10.1 ex_114065.htm

Exhibit 10.1

 

Marten Transport, Ltd.

Named Executive Officer Compensation 

 

On May 8, 2018, our Compensation Committee approved an increase to the base salary for each of the company’s named executive officers listed below, retroactive to April 2, 2018. Effective April 2, 2018, the named executive officers will receive the following annual base salaries in the listed positions:

 

Name and Position as of May 8, 2018

 

Former Base

Salary

   

Base Salary

Effective April 2, 2018

 
                 

Randolph L. Marten

  $ 659,800     $ 686,200  

(Chairman and Chief Executive Officer)

               

Timothy M. Kohl

  $ 488,200     $ 507,700  

(President)

               

Timothy P. Nash

  $ 339,100     $ 352,700  

(Executive Vice President of Sales and Marketing)

               

James J. Hinnendael

  $ 285,000     $ 307,800  

(Executive Vice President and Chief Financial Officer)

 

John H. Turner

  $ 272,400     $ 283,300  

(Senior Vice President of Sales)