Matson (MATX) executive compensation, 2026 proxy

Matthew J. Cox, Chairman and Chief Executive Officer, was paid $6.5M in 2025, up 6% from $6.1M the year before. The CEO-to-median-employee pay ratio was 45:1, on median employee pay of $143,625.

Filed
March 9, 2026
Annual meeting
April 23, 2026
Pay year
2025
Named executives
5
CEO total pay
$6.5M+6% vs prior year
CEO to median employee
45:1median $143,625
CEO pay in equity
62%$4M in awards
Prior say-on-pay support
97%of votes cast
CEO variable pay percentage
83%Of target total direct compensation
Say-on-pay support
97%From 2025 annual meeting
CEO stock ownership guideline
5XSalary multiple required

How Cox was paid

$6.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary15%Stock awards62%Non-equity incentive19%Pension and deferred comp3%All other compensation1%

Named executive officers

ExecutiveTotal
Matthew J. CoxChairman and Chief Executive Officer$6,490,287
Joel M. WineExecutive Vice President and Chief Financial Officer$2,296,779
Peter T. HeilmannExecutive Vice President, Chief Administrative Officer and General Counsel$1,980,357
John P. LauerExecutive Vice President and Chief Commercial Officer$1,791,236
Vicente S. Angoco, Jr.Executive Vice President$1,555,425

What changed and why

  • $6.5MCEO total compensation increased to $6,490,287 in 2025 compared to $6,146,934 in 2024.
  • 97%Over 97% of votes cast were in favor of the say-on-pay proposal at the 2025 annual meeting.
  • 83%83% of the CEO target total direct compensation was variable and at-risk based on performance.
  • 68%Approximately 68% of other named executive officers target total direct compensation was variable and at-risk.
  • No stock option grants were made to executive officers in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.