Covenant Logistics Group Management
Management criteria checks 4/4
Covenant Logistics Group's CEO is David Parker, appointed in Jan 1994, has a tenure of 31.08 years. total yearly compensation is $1.38M, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 15.01% of the company’s shares, worth $101.11M. The average tenure of the management team and the board of directors is 2.8 years and 4.6 years respectively.
Key information
David Parker
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 57.9% |
| CEO tenure | 31.1yrs |
| CEO ownership | 15.0% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Covenant Logistics Group (NYSE:CVLG) Has Announced A Dividend Of $0.07
Feb 20
Fewer Investors Than Expected Jumping On Covenant Logistics Group, Inc. (NYSE:CVLG)
Feb 04Should You Investigate Covenant Logistics Group, Inc. (NYSE:CVLG) At US$26.28?
Jan 12Covenant Logistics Group's (NYSE:CVLG) Dividend Will Be $0.11
Nov 29Weak Statutory Earnings May Not Tell The Whole Story For Covenant Logistics Group (NYSE:CVLG)
Nov 08Covenant Logistics Group: Staying In Lane
Aug 13Returns At Covenant Logistics Group (NASDAQ:CVLG) Appear To Be Weighed Down
Jul 31Should You Think About Buying Covenant Logistics Group, Inc. (NASDAQ:CVLG) Now?
Jul 17Covenant Logistics Group (NASDAQ:CVLG) Is Paying Out A Dividend Of $0.11
Feb 19Covenant Logistics: The Business That Keeps On Delivering
Jan 28These 4 Measures Indicate That Covenant Logistics Group (NASDAQ:CVLG) Is Using Debt Extensively
Jan 25Is There Now An Opportunity In Covenant Logistics Group, Inc. (NASDAQ:CVLG)?
Oct 28Returns On Capital At Covenant Logistics Group (NASDAQ:CVLG) Have Stalled
Jul 31Covenant Logistics Group (NASDAQ:CVLG) Is Increasing Its Dividend To $0.11
Feb 21Covenant Logistics Group (NASDAQ:CVLG) Seems To Use Debt Quite Sensibly
Jan 27Covenant Logistics Non-GAAP EPS of $1.52, revenue of $311.84M
Oct 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$35m |
| Sep 30 2024 | n/a | n/a | US$41m |
| Jun 30 2024 | n/a | n/a | US$42m |
| Mar 31 2024 | n/a | n/a | US$42m |
| Dec 31 2023 | US$1m | US$800k | US$55m |
| Sep 30 2023 | n/a | n/a | US$53m |
| Jun 30 2023 | n/a | n/a | US$90m |
| Mar 31 2023 | n/a | n/a | US$102m |
| Dec 31 2022 | US$2m | US$743k | US$108m |
| Sep 30 2022 | n/a | n/a | US$114m |
| Jun 30 2022 | n/a | n/a | US$81m |
| Mar 31 2022 | n/a | n/a | US$72m |
| Dec 31 2021 | US$6m | US$717k | US$58m |
| Sep 30 2021 | n/a | n/a | US$48m |
| Jun 30 2021 | n/a | n/a | US$36m |
| Mar 31 2021 | n/a | n/a | -US$2m |
| Dec 31 2020 | US$1m | US$627k | -US$14m |
| Sep 30 2020 | n/a | n/a | -US$21m |
| Jun 30 2020 | n/a | n/a | -US$30m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$954k | US$675k | US$5m |
| Sep 30 2019 | n/a | n/a | US$21m |
| Jun 30 2019 | n/a | n/a | US$37m |
| Mar 31 2019 | n/a | n/a | US$42m |
| Dec 31 2018 | US$2m | US$642k | US$41m |
Compensation vs Market: David's total compensation ($USD1.38M) is below average for companies of similar size in the US market ($USD3.31M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Parker (66 yo)
31.1yrs
Tenure
US$1,381,818
Compensation
Mr. David Ray Parker has been the Chairman and Chief Executive Officer of Covenant Logistics Group, Inc. (formerly known as Covenant Transportation Group, Inc.). since 1994. Mr. Parker served as the Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 31.1yrs | US$1.38m | 15.01% $ 101.1m | |
| President | 2.1yrs | US$1.80m | 1.54% $ 10.4m | |
| Executive VP & CFO | 2.8yrs | US$935.12k | 0.37% $ 2.5m | |
| Executive VP & Director | 2.1yrs | US$1.45m | 0.61% $ 4.1m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Accounting Officer | 1.1yrs | no data | 0.059% $ 394.3k | |
| Senior Vice President of Technology | no data | no data | no data | |
| Senior VP & General Counsel | 3yrs | no data | no data | |
| Senior Vice President of Sales | less than a year | no data | no data | |
| Executive Vice President of People & Safety | 2.8yrs | no data | 0.23% $ 1.6m | |
| Executive Vice President | 17.8yrs | US$420.02k | no data | |
| Senior Vice President of Dedicated Operations | 7.6yrs | no data | no data |
2.8yrs
Average Tenure
49yo
Average Age
Experienced Management: CVLG's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 40.1yrs | US$1.38m | 15.01% $ 101.1m | |
| Executive VP & Director | 1.8yrs | US$1.45m | 0.61% $ 4.1m | |
| Independent Director | 22.1yrs | US$164.67k | 0.65% $ 4.4m | |
| Lead Independent Director | 7.8yrs | US$194.99k | 0.22% $ 1.5m | |
| Independent Director | 3.6yrs | US$162.49k | 0.073% $ 490.0k | |
| Independent Director | 11.3yrs | US$164.99k | 0.076% $ 510.8k | |
| Independent Director | 4.6yrs | US$174.99k | 0.073% $ 488.5k | |
| Director | 4.6yrs | US$154.99k | 1.17% $ 7.9m | |
| Independent Director | 1.8yrs | US$133.98k | 0.019% $ 125.4k |
4.6yrs
Average Tenure
65yo
Average Age
Experienced Board: CVLG's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 04:42 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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
Covenant Logistics Group, Inc. is covered by 8 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 |
|---|---|
| Donald Broughton | Avondale Partners |
| Colin Scarola | CFRA Equity Research |
| Kevin Sterling | Seaport Research Partners |