Forward Air: Pay

Forward Air paid its 5 named executives $12.8M in total in FY2025 (Dec). CEO Shawn Stewart was paid $5.6M of that.

Pay$100 in the stock at the end of FY23 → $40
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Shawn StewartChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Jamie PiersonChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
2 years
Jerome LorrainExecutive Chairman
FY2025 (Dec)
1 year
Michael L. HanceChief Legal Officer and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Eric BrandtChief Commercial Officer
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 4 peers with pay on file was $5.5M. CEO pay of Forward Air for that year is not on file.

  1. 1Expeditors International Of Washington
  2. 2Werner Enterprises
  3. 3Saia
  4. 4Hub Group
  5. 5Forward AirNot disclosed
  6. 6ArcBest CorporationNot disclosed
  7. 7C.H. Robinson Worldwide, Inc.Not disclosed
  8. 8Heartland ExpressNot disclosed
  9. 9J.B. Hunt Transport Services, Inc.Not disclosed
  10. 10Knight Transportation, Inc.Not disclosed
  11. 11Landstar Systems, Inc.Not disclosed
  12. 12Marten TransportNot disclosed
  13. 13Old Dominion Freight Line, Inc.Not disclosed
  14. 14Schneider NationalNot disclosed
  15. 15XPO Logistics, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.