EX-10.1 2 ex_370947.htm EXHIBIT 10.1 ex_370947.htm

Exhibit 10.1

 

Marten Transport, Ltd.

Named Executive Officer Compensation 

 

On May 3, 2022, the Company’s Compensation Committee approved an increase to the base salary for each of the Company’s named executive officers listed below, retroactive to April 4, 2022. Effective April 4, 2022, the named executive officers will receive the following annual base salaries in the listed positions:

 

Name and Position as of May 3, 2022

Former Base Salary

Base Salary

Effective April 4, 2022

     

Randolph L. Marten

$735,060

$794,000

    (Executive Chairman)

   

Timothy M. Kohl

$675,000

$729,000

    (Chief Executive Officer)

   

James J. Hinnendael

$370,000

$400,000

    (Executive Vice President and Chief Financial Officer)

Douglas P. Petit

$360,000

$389,000

    (President)