Pangaea Logistics Solutions Management
Management criteria checks 4/4
Pangaea Logistics Solutions' CEO is Mark Filanowski, appointed in Sep 2021, has a tenure of 3.42 years. total yearly compensation is $1.44M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth $2.41M. The average tenure of the management team and the board of directors is 3.4 years and 9.4 years respectively.
Key information
Mark Filanowski
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.4yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
Pangaea Logistics Solutions (NASDAQ:PANL) Has Announced A Dividend Of $0.10
Feb 18
Pangaea Logistics Solutions (NASDAQ:PANL) Is Paying Out A Dividend Of $0.10
Nov 22Pangaea Logistics Solutions, Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 15Pangaea Logistics Solutions (NASDAQ:PANL) Has Affirmed Its Dividend Of $0.10
Aug 15Shareholders May Not Be So Generous With Pangaea Logistics Solutions, Ltd.'s (NASDAQ:PANL) CEO Compensation And Here's Why
Aug 01Pangaea Logistics Solutions: Downgrading On Valuation And Mediocre Q2 Outlook - Hold
Jun 01Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Analysts Just Trimmed Their Revenue Forecasts By 12%
May 14There May Be Some Bright Spots In Pangaea Logistics Solutions' (NASDAQ:PANL) Earnings
Mar 21Pangaea 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 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$22m |
| Jun 30 2024 | n/a | n/a | US$35m |
| Mar 31 2024 | n/a | n/a | US$35m |
| 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$18m |
Compensation vs Market: Mark's total compensation ($USD1.44M) is below average for companies of similar size in the US market ($USD2.24M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Filanowski (70 yo)
3.4yrs
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 | 3.4yrs | US$1.44m | 0.71% $ 2.4m | |
| CFO & Secretary | 7.8yrs | US$802.08k | 0.56% $ 1.9m | |
| Chief Operating Officer | 2.8yrs | US$957.59k | 1% $ 3.4m | |
| Lead Independent Director | 10.8yrs | US$182.50k | 12.84% $ 43.4m | |
| Chief Strategy Officer | less than a year | no data | no data |
3.4yrs
Average Tenure
67yo
Average Age
Experienced Management: PANL's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.3yrs | US$1.44m | 0.71% $ 2.4m | |
| Lead Independent Director | 8.1yrs | US$182.50k | 12.84% $ 43.4m | |
| Independent Director | 11.1yrs | US$197.50k | 0.92% $ 3.1m | |
| Independent Chairman | 10.3yrs | US$197.50k | 0.37% $ 1.3m | |
| Director | less than a year | no data | no data | |
| Independent Director | 10.3yrs | US$197.50k | 0.50% $ 1.7m | |
| Independent Director | 9.4yrs | US$182.50k | 2.14% $ 7.2m | |
| Director | less than a year | no data | no data | |
| Independent Director | 2.9yrs | US$190.00k | 0.069% $ 231.9k |
9.4yrs
Average Tenure
67yo
Average Age
Experienced Board: PANL's board of directors are considered experienced (9.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 03:44 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pangaea Logistics Solutions, Ltd. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Liam Burke | B. Riley Securities, Inc. |
| Øystein Vaagen | Fearnley Securities |