Pangaea Logistics Solutions Management
Management criteria checks 4/4
Pangaea Logistics Solutions' CEO is Mark Filanowski, appointed in Sep 2021, has a tenure of 2.58 years. total yearly compensation is $1.44M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 0.99% of the company’s shares, worth $3.24M. The average tenure of the management team and the board of directors is 2.6 years and 9.5 years respectively.
Key information
Mark Filanowski
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 2.6yrs |
| CEO ownership | 1.0% |
| Management average tenure | 2.6yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
There May Be Some Bright Spots In Pangaea Logistics Solutions' (NASDAQ:PANL) Earnings
Mar 21
Pangaea Logistics Solutions' (NASDAQ:PANL) Dividend Will Be $0.10
Feb 21Pangaea Logistics Solutions (NASDAQ:PANL) Has More To Do To Multiply In Value Going Forward
Feb 06Not Many Are Piling Into Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Just Yet
Jan 19Pangaea Logistics Solutions (NASDAQ:PANL) Is Due To Pay A Dividend Of $0.10
Nov 26Pangaea Logistics Solutions (NASDAQ:PANL) Is Paying Out A Dividend Of $0.10
Nov 12Calculating The Intrinsic Value Of Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL)
Jun 22News Flash: 3 Analysts Think Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Earnings Are Under Threat
May 15Pangaea Logistics Solutions (NASDAQ:PANL) Has Announced That It Will Be Increasing Its Dividend To $0.10
Nov 29Pangaea Logistics Solutions: Cheap Dry Bulk Shipper With Differentiated Business Approach
Oct 05Pangaea Logistics goes ex-dividend tomorrow
Aug 30Pangaea Logistics Solutions buys dry bulk vessel for $17.1M
Aug 23Pangaea Logistics: Decent Business Model, But Macro Headwinds Ahead
Aug 17Pangaea Logistics Solutions' (NASDAQ:PANL) Returns On Capital Are Heading Higher
Aug 11Pangaea Logistics rises 9% after Non-GAAP EPS of $0.64 beats by $0.21, revenue of $195.5M beats by $8.71M
Aug 09Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 15Pangaea Logistics Solutions: A Case Of Trading Below Book Value
May 17I Ran A Stock Scan For Earnings Growth And Pangaea Logistics Solutions (NASDAQ:PANL) Passed With Ease
Apr 19Pangaea Logistics Solutions (NASDAQ:PANL) Is Looking To Continue Growing Its Returns On Capital
Apr 05We Like These Underlying Return On Capital Trends At Pangaea Logistics Solutions (NASDAQ:PANL)
Nov 19Pangaea Logistics: Full Steam Ahead With The Wind At Your Back
Sep 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$450k | US$26m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$41m |
| Mar 31 2023 | n/a | n/a | US$63m |
| Dec 31 2022 | US$2m | US$250k | US$79m |
| Sep 30 2022 | n/a | n/a | US$79m |
| Jun 30 2022 | n/a | n/a | US$87m |
| Mar 31 2022 | n/a | n/a | US$82m |
| Dec 31 2021 | US$1m | US$200k | US$67m |
| Sep 30 2021 | n/a | n/a | US$60m |
| Jun 30 2021 | n/a | n/a | US$40m |
| Mar 31 2021 | n/a | n/a | US$24m |
| Dec 31 2020 | US$529k | US$200k | US$11m |
| Sep 30 2020 | n/a | n/a | -US$637k |
| Jun 30 2020 | n/a | n/a | US$133k |
| Mar 31 2020 | n/a | n/a | US$1m |
| Dec 31 2019 | US$606k | US$200k | US$12m |
| Sep 30 2019 | n/a | n/a | US$15m |
| Jun 30 2019 | n/a | n/a | US$15m |
| Mar 31 2019 | n/a | n/a | US$17m |
| Dec 31 2018 | US$556k | US$200k | US$18m |
| Sep 30 2018 | n/a | n/a | US$22m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$11m |
| Dec 31 2017 | US$456k | US$200k | US$8m |
Compensation vs Market: Mark's total compensation ($USD1.44M) is below average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Filanowski (69 yo)
2.6yrs
Tenure
US$1,436,452
Compensation
Mr. Mark L. Filanowski has been Chief Executive Officer at Pangaea Logistics Solutions, Ltd. since December 14, 2021 and its Director since October 1, 2014. He was the Chief Operating Officer of Pangaea Lo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.6yrs | US$1.44m | 0.99% $ 3.2m | |
| CFO & Secretary | 7yrs | US$981.99k | 0.77% $ 2.5m | |
| Chief Operating Officer | 2yrs | US$938.74k | 1.39% $ 4.6m |
2.6yrs
Average Tenure
Experienced Management: PANL's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.5yrs | US$1.44m | 0.99% $ 3.2m | |
| Independent Director | 10.3yrs | US$197.50k | 1.28% $ 4.2m | |
| Independent Chairman | 9.5yrs | US$197.50k | 0.52% $ 1.7m | |
| Independent Director | 9.5yrs | US$197.50k | 0.69% $ 2.3m | |
| Independent Director | 8.6yrs | US$182.50k | 2.98% $ 9.7m | |
| Lead Independent Director | 7.3yrs | US$182.50k | 17.86% $ 58.4m | |
| Independent Director | 2.1yrs | US$190.00k | 0.095% $ 312.1k |
9.5yrs
Average Tenure
66yo
Average Age
Experienced Board: PANL's board of directors are considered experienced (9.5 years average tenure).