LSTR · Landstar System Inc · Executive Compensation

$174.05 -3.41 (-1.92%)

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$5.90B

33.93M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Frank Lonegro	CEO	$800,000	—	$3,473,049	—	$210,000	$88,394	$4,574,887
Frank A. Lonegro	President and Chief Executive Officer	$800,000	—	$3,473,049	—	$210,000	$88,394	$4,574,887
Michael K. Kneller	Vice President, General Counsel and Secretary	$425,000	—	$947,384	—	$67,000	$27,553	$1,503,857
James P. Todd	Vice President and Chief Financial Officer	$375,000	—	$714,834	—	$47,000	$28,715	$1,227,730
Ricardo S. Coro	Vice President and Chief Information Officer	$400,000	—	$714,834	—	$68,000	$31,259	$1,214,093
Matthew Miller	Vice President and Chief Safety and Operations Officer	$300,000	—	$500,241	—	$52,094	$21,886	$874,221

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Frank Lonegro	CEO	$730,303	$800,000	$11,395,182	—	—	$448,123	$13,374,405
Frank A. Lonegro	President and Chief Executive Officer	$730,303	$800,000	$11,395,182	—	—	$448,123	$13,374,405
Michael K. Kneller	Vice President, General Counsel and Secretary	$400,000	—	$947,290	—	—	$22,066	$1,401,942
Joseph Beacom	President, Landstar System Holdings, Inc. Former Vice President and Chief Safety and Operations Officer	$377,084	—	$714,842	—	—	$33,256	$1,248,996
James P. Todd	Vice President and Chief Financial Officer	$375,000	—	$714,842	—	—	$30,533	$1,177,012
Ricardo S. Coro	Vice President and Chief Information Officer	$375,000	—	$714,842	—	—	$29,224	$1,119,066
James B. Gattoni	Former Special Advisor Former President and Chief Executive Officer	$302,273	—	—	—	—	$32,688	$738,296

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. Gattoni	Former Special Advisor Former President and Chief Executive Officer	$600,000	—	$1,429,840	—	—	$43,235	$2,434,841
Michael K. Kneller	Vice President, General Counsel and Secretary	$400,000	—	$947,220	—	—	$26,219	$1,411,024
Joseph Beacom	President, Landstar System Holdings, Inc. Former Vice President and Chief Safety and Operations Officer	$375,000	—	$714,830	—	—	$31,214	$1,321,875
James P. Todd	Vice President and Chief Financial Officer	$340,000	—	$714,830	—	—	$36,394	$1,144,808
Ricardo S. Coro	Vice President and Chief Information Officer	$375,000	—	$714,830	—	—	$27,455	$1,117,285

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. Gattoni	Former Special Advisor Former President and Chief Executive Officer	$600,000	—	$1,429,976	—	$2,500,000	$44,772	$4,574,748
Michael K. Kneller	Vice President, General Counsel and Secretary	$400,000	—	$947,337	—	$835,000	$27,107	$2,209,444
Federico L. Pensotti	Former Vice President and Chief Financial Officer	$239,327	—	$947,337	—	—	$901,465	$2,088,129
Joseph Beacom	President, Landstar System Holdings, Inc. Former Vice President and Chief Safety and Operations Officer	$375,000	—	$714,912	—	$780,000	$31,686	$1,901,597
Ricardo S. Coro	Vice President and Chief Information Officer	$375,000	—	$714,912	—	$780,000	$26,871	$1,896,782
James P. Todd	Vice President and Chief Financial Officer	$260,750	—	$142,954	—	$450,000	$33,687	$887,391

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. Gattoni	President and Chief Executive Officer	$600,000	—	$1,429,787	—	$3,000,000	$45,773	$5,398,583
Federico L. Pensotti	Former Vice President and Chief Financial Officer	$288,046	—	$749,854	—	$2,405,000	$4,170	$3,447,069
Joseph Beacom	Vice President and Chief Safety and Operations Officer	$340,000	—	$714,828	—	$1,945,000	$30,101	$3,195,760
Michael K. Kneller	Vice President, General Counsel and Secretary	$350,000	—	$714,828	—	$2,000,000	$26,245	$3,101,469
Ricardo S. Coro	Vice President and Chief Information Officer	$340,000	—	$714,828	—	$1,945,000	$28,089	$3,027,916

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. Gattoni	President and Chief Executive Officer	$500,000	$500,000	$1,429,976	—	—	$51,958	$2,699,091
Joseph Beacom	Vice President and Chief Safety and Operations Officer	$300,000	$150,000	$714,932	—	—	$28,709	$1,370,894
Michael K. Kneller	Vice President, General Counsel and Secretary	$300,000	$150,000	$714,932	—	—	$25,853	$1,202,416
Ricardo S. Coro	Vice President and Chief Information Officer	$300,000	$150,000	$714,932	—	—	$28,293	$1,193,225
Kevin Stout	Special Advisor to the CEO and Former Vice President and Chief Financial Officer	$270,000	$150,000	$714,932	—	—	$25,968	$1,160,900

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James B. Gattoni	President and Chief Executive Officer	$500,000	—	$1,929,895	—	—	$31,213	$2,645,790
Joseph Beacom	Vice President and Chief Safety and Operations Officer	$300,000	—	$714,942	—	—	$18,514	$1,259,663
Patrick J. O’Malley	Special Advisor to the CEO and former Vice President and Chief Commercial and Marketing Officer	$300,000	—	$714,942	—	—	$18,807	$1,050,954
Michael K. Kneller	Vice President, General Counsel and Secretary	$300,000	—	$714,942	—	—	$16,316	$1,041,260
Kevin Stout	Vice President and Chief Financial Officer	$300,000	—	$714,942	—	—	$16,594	$1,031,536
Ricardo S. Coro	Vice President and Chief Information Officer	$331,250	—	$473,612	—	—	$17,974	$822,836

Executive changes

Person	Role	Change	Effective	Filed
Vallie S. Dugas	Interim Vice President, General Counsel and Secretary	Appointed	2026-05-08	2026-04-02
Michael K. Kneller	Vice President, General Counsel and Secretary	Resigned	2026-05-08	2026-04-02
Melanie Housey Hart	Board of Directors	Appointed	2025-10-31	2025-10-30
Barr Blanton	Board of Directors	Appointed	2025-10-31	2025-10-30

Key facts CIK 853816 CUSIP 515098101 13F (30d) 292 filings 292 filers Visit website Investor relations