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Exhibit 10.17
Marten Transport, Ltd.
Named Executive Officers’ Compensation Summary
On May 6, 2008, the company’s Compensation Committee approved an approximately 3.5% increase to the base salary for the company’s named executive officers listed below, retroactive to April 1, 2008. Effective April 1, 2008, the following executive officers are scheduled to receive the following annual base salaries in the listed positions:
Name and Position as of May 6, 2008 |
| Base Salary |
| |
|
|
|
| |
Randolph L. Marten |
|
|
| |
(Chairman, President and Chief Executive Officer) |
| $ | 491,625 |
|
|
|
|
| |
Robert G. Smith |
|
|
| |
(Chief Operating Officer) |
| $ | 247,883 |
|
|
|
|
| |
Timothy P. Nash |
|
|
| |
(Executive Vice President of Sales and Marketing) |
| $ | 247,883 |
|
|
|
|
| |
James J. Hinnendael |
|
|
| |
(Chief Financial Officer) |
| $ | 195,615 |
|
|
|
|
| |
John H. Turner |
|
|
| |
(Vice President of Sales) |
| $ | 181,125 |
|