MartenTransport, Ltd. NamedExecutive Officers Compensation Summary

EX-10.17 2 a08-18615_1ex10d17.htm EX-10.17

Exhibit 10.17

 

Marten Transport, Ltd.

Named Executive Officers’ Compensation Summary

 

On May 6, 2008, the company’s Compensation Committee approved an approximately 3.5% increase to the base salary for the company’s named executive officers listed below, retroactive to April 1, 2008.  Effective April 1, 2008, the following executive officers are scheduled to receive the following annual base salaries in the listed positions:

 

Name and Position as of May 6, 2008

 

Base Salary

 

 

 

 

 

Randolph L. Marten

 

 

 

(Chairman, President and Chief Executive Officer)

 

$

491,625

 

 

 

 

 

Robert G. Smith

 

 

 

(Chief Operating Officer)

 

$

247,883

 

 

 

 

 

Timothy P. Nash

 

 

 

(Executive Vice President of Sales and Marketing)

 

$

247,883

 

 

 

 

 

James J. Hinnendael

 

 

 

(Chief Financial Officer)

 

$

195,615

 

 

 

 

 

John H. Turner

 

 

 

(Vice President of Sales)

 

$

181,125