Want to stay broke? Work for Conway!

Douglas W. Stotlar

Executive Compensation

As President & CEO at CON-WAY INC, Douglas W. Stotlar made $4,174,724 in total compensation. Of this total $773,087 was received as a salary, $996,989 was received as a bonus, $0 was received in stock options, $2,293,016 was awarded as stock and $111,632 came from other types of compensation. This information is according to proxy statements filed for the 2012 fiscal year

President & CEO CON-WAY INC
$4.2 MILLION
$773,087 Base Pay
$996,989 Bonus + Non-Equity Incentive Comp $1,770,076 Total Cash Comp
$2,293,016 Stock Award Value
$0 Option Award Value $2,293,016 Total Equity $111,632 Total Other $4,174,724 Total Compensation Fiscal Year Ended in 2012

Douglas Stotlar is 52.

Salary: http://www1.salary.com/Douglas-W-Stotlar-Salary-Bonus-Stock-Options-for-CON-WAY-INC.html

Forbes profile: http://www.forbes.com/profile/douglas-stotlar/

Stotlar touts Michigan: http://www.youtube.com/watch?v=W3dtlXIwuk0

Con-way 2.8 rating employee satisaction: http://www.glassdoor.com/Reviews/Con-way-Freight-Reviews-E40989.htm

3rd largest transportation company after FedEx, UPS: http://www.greenbiz.com/blog/2012/07/29/doug-stotlar-leading-path-higher-ambition

Revenue $5.6 billion, net $88.4 million: http://en.wikipedia.org/wiki/Con-way


/Doesn't look like Con-way T/L can claim poverty, unable to afford an increase to OTR pay or improve working conditions, does it!

 

Jealous much?


If you want what they have.


GO EARN IT.

Until you risk and invest what they have, you don't deserve what they make. You can bellyache all you want, it only serves to make you look small and petty.

I suggest you start your own trucking company, both of you (Vic and Joe). Then you might understand why the CEO makes what he does. You mnight begin to scratch the surface of why this country is barreling down the toilet, when people lament the work of others thinking they deserve what that the envied party has.

America is about equal opportunity, NOT equal outcome.

You want equal outcome?

Move to Cuba or China or North Korea.
Find out what its really like, where they practice what you're advocating.

 

There is no point in working for a trucking company if you want to better yourself. If you are going to want to make money and fund retirement accounts etc. then you have to stay far away from major trucking companies. Buy a used truck and learn how to maintain it. Find your own customers and make your own future. The only fate you have at a trucking company is that of a slave. It's like buying a penny stock. There is all of this information out there now about what a rip off it is, but people still keep doing it. And they come here and gripe about it. And if they have a brain, they figure out that they were suckered into a bad deal and they learn that they should have dome some research first. The only thing that never changes is that these suckers just keep on filling out applications and keeping the greedy SOB's in power.

 

The reason it happens at all, that drivers hook up with mega 'starter' carriers is that the MSCs feed on them with bonuses, false promises and the driver's think, "Well, how bad can it be??" The next thing he knows he's got a ding on his DAC, well, better work that off, stay another six months. And that's all the MSCs want, six months maybe. A year would be nice. Really nice.

Trucking is not easy to get into. You need that CDL and then you need experience. At each level of experience, 3 months, six months, 9 months, 1 year, 2 years, 3 years--new job prospects open up. The sad thing is where a driver puts in 2 years with an MSC and then what?? Does it again, signs up with another MSC for the bonus and, "Well, how bad can it be??" Lateral moves aren't good.

(There is a thread right now where a driver claims 2 years experience and wants help deciding between Knight and Gordon... Reach around, kick yourself in the butt!!)

The worst is that MSCs routinely saddle newbies with short, peewee runs (0-300 miles) so that between no pay for loading/unloading, scaling and breakdown, the MSC makes that bonus back in pound of flesh fashion while the newbie spins his wheels. So the bonus goes up in smoke and mirrors.

 

It certainly won't change if we drivers, as a community, allow it to stay the same and don't push for change. Too many drivers figure, "I had to go through it, so why shouldn't the next guy/gal?" And the answer, the reason we need to push to change the status quo is because the DAC, the long hours and low pay are all unconscienable. Too many who would have otherwise become good drivers just walk away. Give up. Certainly Con-way T/L has the wherewithal to do better by drivers.

Surfer Joe has been pushing for some time to get drivers to wake up. We need more like him.

We need to reign in or do away with the DAC and require truth-in-recruiting for starters. MSCs should have to disclose their driver turnover rates, average pay for first-year drivers, average length of run for first-year drivers. That would be a good start. We also need better ways to get that initial experience than MSCs now provide.

 

Surfer, you yourself said you were posting Net pay numbers before, you really need to make up your mind.

 

Roadrealtor shows how even bright folks can take real facts and arrive at silly, nonsensical conclusions. His 'bottom line' is that if you object to the child-labor-law-like OTR working conditions, you're a whiner.

He correctly points out that:

--OTR does not require a HS diploma, and the initial barrier is low;

--OTR for a mega 'starter' carrier has some 'benefits';

--OTR has been a home for displaced professionals since the global financial collapse of 2008;

--We don't hear enough about good, small carriers. (The avg pay where I part-time is $65K, home every few days for all and daily for many, very good benefits, well-maintained T800s.)

He leaps from the above to calling advocating for change in the abusive practices of mega 'starter' companies "whining." That just does not compute. None of the above is an argument for $400-$600/wk for 80-100 hour weeks OTR and a blackball system to discourage drivers from moving on. Sorry, just doesn't add up. What is his objection to improving the lot of the OTR driver??

None, really.

 

He's not objecting to improving the lot of the regular OTR driver. He's saying that unless you're actually working towards that end.
You're a sniveling, whiner.

What have you done to improve the lot of the regular OTR driver Vic?

All I have read is that you want more Government regulation. You want the government to step into another private industry and set wages. This is (besides being unconstitutional), an incredibly bad idea. We have enough people telling us what to do. We don't need more people with no clue what we do, telling us how to do our jobs. As well as telling us how much they are going to pay for the work we do.

Under the system we have now, If you don't like the wage or benefits. Leave.
With the government setting wages. You will make the same low wage no matter where you go.
The government deems truckers as low skilled workers.

What do you imagine the wage will be set at?