Joseph L. Welch
2007
In 2007, Joseph L. Welch earned a total compensation of $5.2M as President, CEO Director at ITC Holdings, a 30% increase compared to previous year.
Compensation breakdown
| Bonus | $1,569,810 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $808,001 |
| Non-Equity Incentive Plan | $1,232,500 |
| Option Awards | $735,197 |
| Salary | $512,231 |
| Stock Awards | $260,003 |
| Other | $90,007 |
| Total | $5,207,749 |
Welch received $1.6M in bonus, accounting for 30% of the total pay in 2007.
Welch also received $808K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $735.2K in option awards, $512.2K in salary, $260K in stock awards and $90K in other compensation.
Rankings
In 2007, Joseph L. Welch's compensation ranked 775th out of 8,700 executives tracked by ExecPay. In other words, Welch earned more than 91.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 775 out of 8,700 | 91st |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 110 out of 745 | 85th |
Major group Electric, Gas, And Sanitary Services | 35 out of 330 | 89th |
Industry group Electric Services | 17 out of 112 | 85th |
Industry Electric Services | 17 out of 112 | 85th |
Source: SEC filing on April 11, 2008.
Welch's colleagues
We found four more compensation records of executives who worked with Joseph L. Welch at ITC Holdings in 2007.