Heartland Express Management
Management criteria checks 3/4
Heartland Express' CEO is Mike Gerdin, appointed in May 2006, has a tenure of 17.92 years. total yearly compensation is $1.01M, comprised of 96.8% salary and 3.2% bonuses, including company stock and options. directly owns 5.36% of the company’s shares, worth $43.93M. The average tenure of the management team and the board of directors is 8.9 years and 7.3 years respectively.
Key information
Mike Gerdin
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 96.8% |
| CEO tenure | 17.9yrs |
| CEO ownership | 5.4% |
| Management average tenure | 8.9yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Is Heartland Express (NASDAQ:HTLD) Using Too Much Debt?
Apr 05
Heartland Express (NASDAQ:HTLD) Takes On Some Risk With Its Use Of Debt
Jan 04With EPS Growth And More, Heartland Express (NASDAQ:HTLD) Makes An Interesting Case
Jun 08Is Heartland Express (NASDAQ:HTLD) A Risky Investment?
Apr 30Do Heartland Express' (NASDAQ:HTLD) Earnings Warrant Your Attention?
Feb 02These 4 Measures Indicate That Heartland Express (NASDAQ:HTLD) Is Using Debt Reasonably Well
Jan 12Is Heartland Express (NASDAQ:HTLD) Using Too Much Debt?
Oct 05Heartland Express declares $0.02 dividend
Sep 16Heartland Express: Hitting The Gas Pedal
Aug 28Heartland Express GAAP EPS of $0.97 beats by $0.72, revenue of $187.82M beats by $23.55M
Jul 25Be Wary Of Heartland Express (NASDAQ:HTLD) And Its Returns On Capital
May 20Palm Valley Capital Fund - Heartland Express: A High-Quality Cyclical Business
Apr 15Heartland Express Continues To Muddle Through As Trucking Rates Approach A Cyclical Top
Mar 21Here's What's Concerning About Heartland Express' (NASDAQ:HTLD) Returns On Capital
Jan 27Heartland Express - Road To Reduced Investor Returns
Oct 11Are Investors Undervaluing Heartland Express, Inc. (NASDAQ:HTLD) By 49%?
Aug 27Driver Shortages Hitting Heartland Express Where It Hurts
Aug 03Investors Could Be Concerned With Heartland Express' (NASDAQ:HTLD) Returns On Capital
May 28Heartland Express, Inc.'s (NASDAQ:HTLD) CEO Compensation Looks Acceptable To Us And Here's Why
May 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$13m |
| Dec 31 2023 | US$1m | US$981k | US$15m |
| Sep 30 2023 | n/a | n/a | US$25m |
| Jun 30 2023 | n/a | n/a | US$60m |
| Mar 31 2023 | n/a | n/a | US$129m |
| Dec 31 2022 | US$840k | US$831k | US$134m |
| Sep 30 2022 | n/a | n/a | US$138m |
| Jun 30 2022 | n/a | n/a | US$138m |
| Mar 31 2022 | n/a | n/a | US$82m |
| Dec 31 2021 | US$798k | US$780k | US$79m |
| Sep 30 2021 | n/a | n/a | US$77m |
| Jun 30 2021 | n/a | n/a | US$73m |
| Mar 31 2021 | n/a | n/a | US$71m |
| Dec 31 2020 | US$821k | US$795k | US$71m |
| Sep 30 2020 | n/a | n/a | US$66m |
| Jun 30 2020 | n/a | n/a | US$66m |
| Mar 31 2020 | n/a | n/a | US$69m |
| Dec 31 2019 | US$758k | US$758k | US$73m |
| Sep 30 2019 | n/a | n/a | US$83m |
| Jun 30 2019 | n/a | n/a | US$81m |
| Mar 31 2019 | n/a | n/a | US$77m |
| Dec 31 2018 | US$706k | US$706k | US$73m |
| Sep 30 2018 | n/a | n/a | US$89m |
| Jun 30 2018 | n/a | n/a | US$78m |
| Mar 31 2018 | n/a | n/a | US$75m |
| Dec 31 2017 | US$662k | US$662k | US$75m |
Compensation vs Market: Mike's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD3.44M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Gerdin (53 yo)
17.9yrs
Tenure
US$1,012,483
Compensation
Mr. Michael J. Gerdin, also known as Mike, has been the Chief Executive Officer and President of Heartland Express, Inc. since September 2011 and since May 2006 respectively. He served as the President of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 17.9yrs | US$1.01m | 5.36% $ 43.9m | |
| VP of Finance | 8.9yrs | US$331.16k | 0.025% $ 207.2k | |
| Chief Operating Officer | 1.8yrs | US$334.44k | 0.0019% $ 15.3k | |
| Chief Operating Officer of Smith Transport | no data | US$376.12k | 0.017% $ 142.8k | |
| Vice President of Sales | no data | no data | no data | |
| Secretary | no data | no data | no data |
8.9yrs
Average Tenure
56yo
Average Age
Experienced Management: HTLD's management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 28.3yrs | US$1.01m | 5.36% $ 43.9m | |
| Independent Director | 29.3yrs | US$75.80k | 0.0038% $ 31.4k | |
| Director | 3.5yrs | US$328.49k | 0.051% $ 416.8k | |
| Independent Director | 17.8yrs | US$81.30k | 0.018% $ 149.5k | |
| Independent Director | 7.3yrs | US$76.55k | 0.0043% $ 35.5k | |
| Independent Director | 5.9yrs | US$71.05k | 0.029% $ 237.0k | |
| Independent Director | less than a year | US$9.96k | no data |
7.3yrs
Average Tenure
63yo
Average Age
Experienced Board: HTLD's board of directors are considered experienced (7.3 years average tenure).