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FORWARD AIR CORP

FWRD · FY2025

ALIGNED

CEO Package

$5.6M

Pay Ratio

—

Shawn Stewart,

Returns outran pay growth by +4.4 pts

C. H. ROBINSON WORLDWIDE, INC.

CHRW · FY2025

ALIGNED

CEO Package

$11.0M

Pay Ratio

—

David P. Bozeman

Returns outran pay growth by +10.1 pts

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

EXPD

MIXED

CEO Package

—

Pay Ratio

—

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Awaiting a fuller pay-performance history

CEOTotal Compensation — All Companies

FWRD$5.6MCHRW$11.0MEXPD

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

CHRW carries the largest package at $11.0M, about 2.0x FWRD.
EXPD reads mixed, while FWRD looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

FWRD

Shawn Stewart,

$5.6M

base salary16%
stock awards73%
non-equity incentive compensation11%
other compensation0%

CHRW

David P. Bozeman

$11.0M

base salary10%
stock awards63%
non-equity incentive compensation26%
other compensation1%

EXPD

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

—

Component-level breakdown is unavailable for this company.

Quick Comparison

CompanyCEOLatest YearTotal Comp
FORWARD AIR CORP(FWRD)Shawn Stewart,2025$5.6M
C. H. ROBINSON WORLDWIDE, INC.(CHRW)David P. Bozeman2025$11.0M
EXPEDITORS INTERNATIONAL OF WASHINGTON INC(EXPD)N/A2025N/A

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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