Landstar System Management

Management criteria checks 1/4

Landstar System's CEO is Frank Lonegro, appointed in Jan 2024, has a tenure of less than a year. directly owns 0.044% of the company’s shares, worth €2.60M. The average tenure of the management team and the board of directors is 1.5 years and 8 years respectively.

Key information

Frank Lonegro

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.04%
Management average tenure	1.5yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO

Frank Lonegro (54 yo)

less than a year

Tenure

Mr. Frank A. Lonegro serves as Chief Executive Officer and Director at Landstar System, Inc. since February 2024 and serves as its President since 2024. He served as Executive Vice President at Beacon Roof...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Todd	VP, Principal Accounting Officer & CFO	1.8yrs	US$1.14m	0.042% $ 2.5m
Joseph Beacom	VP and Chief Safety & Operations Officer	13yrs	US$1.32m	0.11% $ 6.7m
Ricardo Coro	VP & Chief Information Officer	7yrs	US$1.12m	0.057% $ 3.3m
Michael Kneller	VP, General Counsel & Secretary	18.9yrs	US$1.41m	0.17% $ 10.0m
James Gattoni	Advisor	less than a year	US$2.43m	0% $ 0
Frank Lonegro	President	less than a year	no data	0.044% $ 2.6m
Aimee Cooper	VP & Chief Administrative Officer	1.8yrs	no data	0.044% $ 2.6m
Patty McMenamin	Vice President of Corporate Communications	no data	no data	no data
James Applegate	VP and Chief Corporate Sales	less than a year	no data	0.017% $ 1.0m
Robert Brasher	Special Advisor	1.3yrs	no data	no data
Matt Dannegger	VP & Chief Field Sales Officer	less than a year	no data	0.010% $ 612.1k

1.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: LDS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Frank Lonegro	President	less than a year	no data	0.044% $ 2.6m
Diana Murphy	Independent Non-Executive Chairman	26.3yrs	US$302.78k	0.077% $ 4.5m
David Bannister	Independent Director	33.1yrs	US$252.78k	0.095% $ 5.5m
George Scanlon	Independent Director	7yrs	US$242.61k	0.019% $ 1.1m
Anthony Orlando	Independent Director	9yrs	US$266.90k	0.022% $ 1.3m
James Liang	Independent Director	2.2yrs	US$249.42k	0.0061% $ 356.6k
Teresa White	Independent Director	2.2yrs	US$252.78k	0.0055% $ 320.4k
Homaira Akbari	Independent Director	11.3yrs	US$242.61k	0.039% $ 2.3m

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: LDS's board of directors are considered experienced (8 years average tenure).

Landstar System Management

Management criteria checks 1/4

Key information

Recent management updates

Landstar System, Inc. Appoints Matt Dannegger as Chief Field Sales Officer and Jim Applegate as Chief Corporate Sales, Strategy and Specialized Freight Officer

VP, General Counsel & Secretary recently sold €2.2m worth of stock

Landstar System, Inc. Announces Executive Changes, Effective February 2, 2024

Key Executive recently sold €1.8m worth of stock

President recently sold €3.7m worth of stock

Key Executive recently sold €1.2m worth of stock

Recent updates

Dividend of US$0.33 announced

Now 22% overvalued

First quarter 2024 earnings released: EPS: US$1.32 (vs US$2.17 in 1Q 2023)

Landstar System, Inc. Declares Quarterly Dividend, Payable on May 24, 2024

Landstar System, Inc. Appoints Matt Dannegger as Chief Field Sales Officer and Jim Applegate as Chief Corporate Sales, Strategy and Specialized Freight Officer

Full year 2023 earnings released: EPS: US$7.36 (vs US$11.76 in FY 2022)

Now 21% overvalued after recent price rise

VP, General Counsel & Secretary recently sold €2.2m worth of stock

Dividend of US$0.33 announced

Full year 2023 earnings released: EPS: US$7.36 (vs US$11.76 in FY 2022)

Landstar System, Inc. Declares Quarterly Dividend, Payable on March 8, 2024

Landstar System, Inc. to Report Q4, 2024 Results on Jan 29, 2025

Upcoming dividend of US$2.00 per share at 1.7% yield

Landstar System, Inc. Announces Executive Changes, Effective February 2, 2024

Landstar System, Inc. Declares Special One-Time Cash Dividend, Payable on January 19, 2024

Third quarter 2023 earnings released: EPS: US$1.72 (vs US$2.76 in 3Q 2022)

Landstar System, Inc. Declares Quarterly Dividend, Payable on December 1, 2023

Key Executive recently sold €1.8m worth of stock

Upcoming dividend of US$0.33 per share at 1.7% yield

Landstar System, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Landstar System, Inc. Declares Quarterly Dividend, Payable on August 25, 2023

Second quarter 2023 earnings released: EPS: US$1.85 (vs US$3.05 in 2Q 2022)

President recently sold €3.7m worth of stock

Lodestar Battery Metals Announces Exploration Budget and Start to Its 2023 Work Program At Its Peny Property in Snow Lake Manitoba

First quarter 2023 earnings released: EPS: US$2.17 (vs US$3.34 in 1Q 2022)

Now 21% undervalued

Key Executive recently sold €1.2m worth of stock

Full year 2022 earnings released: EPS: US$11.76 (vs US$9.98 in FY 2021)

Landstar System, Inc. Declares Quarterly Dividend, Payable on March 10, 2023

Landstar System, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$2.00 per share

Landstar System, Inc. Announces Special Dividend, Payable on January 20, 2023

President recently sold €3.2m worth of stock

Upcoming dividend of US$0.30 per share

Third quarter 2022 earnings released: EPS: US$2.76 (vs US$2.58 in 3Q 2021)

Landstar System, Inc. Provides Earnings Guidance for the Fourth Quarter and Year 2022

Key Executive recently sold €617k worth of stock

Upcoming dividend of US$0.30 per share

Second quarter 2022 earnings released: EPS: US$3.05 (vs US$2.40 in 2Q 2021)

Landstar System, Inc. Declares Quarterly Dividend, Payable on August 26, 2022

Landstar System, Inc. Announces Executive Changes

First quarter 2022 earnings released: EPS: US$3.34 (vs US$2.01 in 1Q 2021)

Upcoming dividend of US$0.25 per share

First quarter 2022 earnings released: EPS: US$3.34 (vs US$2.01 in 1Q 2021)

Landstar System, Inc. Declares Quarterly Dividend, Payable on May 27, 2022

Landstar System, Inc. Provides Earnings Guidance for the First Fiscal Quarter of 2022

Independent Director recently bought €70k worth of stock

Landstar System, Inc. Announces Board Appointments

Independent Director recently bought €272k worth of stock

Upcoming dividend of US$0.25 per share

Now 20% undervalued after recent price drop

Upcoming dividend of US$2.00 per share

Landstar System, Inc. Announces Special Dividend, Payable on January 21, 2022

Upcoming dividend of US$0.25 per share

Third quarter 2021 earnings released: EPS US$2.58 (vs US$1.61 in 3Q 2020)

Upcoming dividend of US$0.25 per share

Second quarter 2021 earnings released: EPS US$2.40 (vs US$0.63 in 2Q 2020)

Landstar System, Inc. Provides Earnings Guidance for the Third Quarter of 2021

President recently sold €2.8m worth of stock

Upcoming dividend of US$0.21 per share

First quarter 2021 earnings released: EPS US$2.01 (vs US$1.04 in 1Q 2020)

Full year 2020 earnings released: EPS US$4.98 (vs US$5.72 in FY 2019)

Revenue beats expectations

New 90-day high: €132

Key Executive recently sold €600k worth of stock

Upcoming Dividend of US$0.21 Per Share

Full year 2020 earnings released: EPS US$4.98 (vs US$5.72 in FY 2019)

Revenue beats expectations

New 90-day high: €116