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Filing year 2024

American Bureau of Shipping

Spring, Texas·EIN 13-4921556·501(c)(6)
Total revenue
$536.6M
Total assets
$2.3B
Total expenses
$514.9M
Reported officers
36
Mission

To serve the public interest as well as the needs of our members and clients by promoting the safety of life and property and preserving the natural environment through the development and verification of standards for design, construction and operational maintenance of ships and marine related facilities.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 36 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chairman and CEO
Board Chair
Above 90th percentile
$3M
$3.1M
Base
$1.2M
Bonus
$1.6M
Other
$33k
Benefits
$19k
President and Chief Operating Officer (coo)
Above 90th percentile
$2.3M
$2.4M
Base
$568k
Bonus
$574k
Other
$6k
Benefits
$31k
SVP & Chief Financial Officer (cfo)
Above 90th percentile
$1.4M
$1.5M
Base
$471k
Bonus
$541k
Other
$9k
Benefits
$26k
EVP General Counsel & Secretary
Executive Vice President
Above 90th percentile
$1.2M
$1.3M
Base
$555k
Bonus
$495k
Other
$10k
Benefits
$19k
VP & Chief Surveyor
Vice President
Above 90th percentile
$906k
$945k
Base
$333k
Bonus
$189k
Other
$9k
Benefits
$19k
SVP & Chief Human Resources Officer
Senior Vice President
Above 90th percentile
$781k
$814k
Base
$365k
Bonus
$274k
Other
$5k
Benefits
Vp, Operations - Greater China Region
Board Vice President
Above 90th percentile
$760k
$793k
Base
$169k
Bonus
$109k
Other
$457k
Benefits
$25k
SVP - Pacific & Mea Operations
Senior Vice President
Above 90th percentile
$755k
$787k
Base
$205k
Bonus
$149k
Other
$375k
Benefits
$25k
SVP & Chief Information Officer (cio)
Chief Information Officer
Above 90th percentile
$743k
$775k
Base
$405k
Bonus
$302k
Other
$5k
Benefits
$31k
SVP & Chief Technology Officer (cto)
Senior Vice President
Above 90th percentile
$725k
$756k
Base
$328k
Bonus
$245k
Other
$4k
Benefits
$31k
VP & Chief Engineer
Vice President
Above 90th percentile
$723k
$754k
Base
$313k
Bonus
$180k
Other
$2k
Benefits
$31k
SVP & Chief Marketing Officer (cmo)
Senior Vice President
Above 90th percentile
$713k
$743k
Base
$295k
Bonus
$222k
Other
$7k
Benefits
$16k
Director, Projects, Offshore Gc Regional Operation
Highest Compensated Employee
Above 90th percentile
$626k
$653k
Base
$205k
Bonus
Other
$422k
Benefits
Director, Business Development Global Offshore - S
Above 90th percentile
$608k
$635k
Base
$159k
Bonus
Other
$449k
Benefits
Vice President, Regional Operations * Southern Pac
Board Vice President
Above 90th percentile
$595k
$620k
Base
$203k
Bonus
Other
$392k
Benefits
Surveyor Iii, Senior * Cn Shanghai Port (mlo)
Highest Compensated Employee
Above 90th percentile
$592k
$617k
Base
$310k
Bonus
Other
$282k
Benefits
Svp, Global Offshore Market
Senior Vice President
75th to 90th percentile
$560k
$584k
Base
$348k
Bonus
$184k
Other
$2k
Benefits
$26k
Svp, Global Government Services
Senior Vice President
75th to 90th percentile
$476k
$497k
Base
$289k
Bonus
$152k
Other
$5k
Benefits
$31k
Former Senior Vp, Global Offshore Markets
Senior Vice President
75th to 90th percentile
$436k
$454k
Base
$297k
Bonus
$107k
Other
$985
Benefits
$31k
Vice President, Application Development (no Longer
Board Vice President
Above 90th percentile
$416k
$434k
Base
$416k
Bonus
Other
Benefits
SVP - Western Operations
Senior Vice President
Median to 75th percentile
$355k
$371k
Base
$221k
Bonus
$101k
Other
$1k
Benefits
$31k
VP - Data and Analytics
Board Vice President
Above 90th percentile
$342k
$356k
Base
$272k
Bonus
$63k
Other
$888
Benefits
$6k
Vp, Health, Safety, Quality and Environment (hsqe)
Board Vice President
Above 90th percentile
$338k
$353k
Base
$226k
Bonus
$80k
Other
$1k
Benefits
$31k
Former Senior VP - Western Hemisphere
Senior Vice President
Median to 75th percentile
$326k
$340k
Base
$279k
Bonus
$41k
Other
$1k
Benefits
$4k
Svp, Global Engineering
Senior Vice President
Median to 75th percentile
$320k
$334k
Base
$244k
Bonus
$74k
Other
$2k
Benefits
Director
Board Member
Above 90th percentile
$230k
$240k
Base
$230k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$215k
$224k
Base
$215k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$210k
$219k
Base
$210k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$210k
$219k
Base
$210k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$210k
$219k
Base
$210k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$210k
$219k
Base
$210k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$200k
$209k
Base
$200k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$200k
$209k
Base
$200k
Bonus
Other
Benefits
Director
Board Member
Above 90th percentile
$200k
$209k
Base
$200k
Bonus
Other
Benefits
Former Senior VP - Eastern Hemisphere
Senior Vice President
25th percentile to median
$182k
$189k
Base
Bonus
$150k
Other
$32k
Benefits
Director
Board Member
75th to 90th percentile
$100k
$104k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Down 6%
from 2023

From $3.2M in 2023 to $3M in 2024.

$3.2M
2023
$3M
2024
In today's dollarsEst.
Down 8% in real terms$3.4M to $3.1M

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay fell 6% from 2023 to 2024, while revenue fell 1%.

$3.2M in 2023 to $3M in 2024.
  • Chief Operating Officer pay rose 42% from 2023 to 2024.
  • Chief Financial Officer pay rose 11% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

American Bureau of Shipping reported revenue and expenses across 2 filing years.

RevenueExpenses
$541.5M
$479.5M
2023
$536.6M
$514.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about American Bureau of Shipping

What does the Board Chair of American Bureau of Shipping earn?

In 2024, the Board Chair of American Bureau of Shipping received $2,978,596 in total compensation. This pay is in the top 10% for Board Chair roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at American Bureau of Shipping compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Chair at American Bureau of Shipping falls in the top 10%.

What are American Bureau of Shipping's revenue and expenses?

In 2024, American Bureau of Shipping reported $536.6M in total revenue and $514.9M in total expenses on its IRS Form 990.

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