Alan R. Hodnik

2018

In 2018, Alan R. Hodnik earned a total compensation of $3.5M as Chairman and CEO at ALLETE, a 1% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$709,665
Non-Equity Incentive Plan$726,906
Salary$633,421
Stock Awards$1,291,261
Other$132,205
Total$3,493,458

Hodnik received $1.3M in stock awards, accounting for 37% of the total pay in 2018.

Hodnik also received $709.7K of change in pension value and nonqualified deferred compensation earnings, $726.9K in non-equity incentive plan, $633.4K in salary and $132.2K in other compensation.

Rankings

In 2018, Alan R. Hodnik's compensation ranked 3,254th out of 14,244 executives tracked by ExecPay. In other words, Hodnik earned more than 77.2% of executives.

ClassificationRankingPercentile
All
3,254
out of 14,244
77th
Division
Transportation, Communications, Electric, Gas, And Sanitary Services
274
out of 918
70th
Major group
Electric, Gas, And Sanitary Services
86
out of 351
76th
Industry group
Combination Electric And Gas, And Other Utility
16
out of 87
82nd
Industry
Electric and Other Services Combined
14
out of 78
82nd

Pay ratio

Alan R. Hodnik's Pay$3,493,458
Median Employee's Pay$97,018
Pay Ratio

36

to 1

In 2018, the annual total compensation of Alan R. Hodnik was $3,493,458.

The annual total compensation of the median employee at ALLETE was $97,018.

The ratio of Alan R. Hodnik's pay to the pay of median employee was therefore 36 to one.

Source: SEC filing on March 27, 2019.

Hodnik's colleagues

We found five more compensation records of executives who worked with Alan R. Hodnik at ALLETE in 2018.

2018

Deborah Amberg

ALLETE

Former Senior Vice President and Chief Strategy Officer Regulated Operations

2018

Robert Adams

ALLETE

Chief Financial Officer

2018

Bradley Oachs

ALLETE

Senior Vice President and President Regulated Operations

2018

Bethany Owen

ALLETE

President

2018

Patrick Mullen

ALLETE

Senior Vice President External Affairs

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