Landstar System: Pay

Landstar System paid its 5 named executives $9.4M in total in FY2025 (Dec). CEO Frank A. Lonegro was paid $4.6M of that.

Pay$100 in the stock at the end of FY23 → $74
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

Frank A. LonegroPresident and Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
2 years
Michael K. KnellerVice President, General Counsel and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
FY2015 (Dec)Not disclosed
FY2014 (Dec)Not disclosed
FY2013 (Dec)Not disclosed
8 years
James P. ToddVice President and Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Ricardo S. CoroVice President and Chief Information Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Matthew MillerVice President and Chief Safety and Operations Officer
FY2025 (Dec)
1 year

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 7 peers with pay on file was $6.7M. The CEO of Landstar System was paid $4.6M, 32% below the median.

  1. 1XPO
  2. 2Ryder System
  3. 3Expeditors International Of Washington
  4. 4Kirby
  5. 5Matson
  6. 6Saia
  7. 7Knight-Swift Transportation Holdings
  8. 8Landstar System
  9. 9ArcBest CorporationNot disclosed
  10. 10C.H. Robinson Worldwide, Inc.Not disclosed
  11. 11Hub Group, Inc.Not disclosed
  12. 12J.B. Hunt Transport Services, Inc.Not disclosed
  13. 13Old Dominion Freight Line, Inc.Not disclosed
  14. 14RXO, Inc.Not disclosed
  15. 15Schneider National Inc.Not disclosed
  16. 16Werner Enterprises, 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.