Louis Chênevert
2008
In 2008, Louis Chênevert earned a total compensation of $23.6M as Chairman & Chief Executive Officer at United Technologies, a 13% increase compared to previous year.
Compensation breakdown
| Bonus | $3,000,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,543,594 |
| Non-Equity Incentive Plan | $1,294,844 |
| Option Awards | $11,774,710 |
| Salary | $1,318,974 |
| Stock Awards | $4,376,921 |
| Other | $266,726 |
| Total | $23,575,769 |
Chênevert received $11.8M in option awards, accounting for 50% of the total pay in 2008.
Chênevert also received $3M in bonus, $1.5M of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $1.3M in salary, $4.4M in stock awards and $266.7K in other compensation.
Rankings
In 2008, Louis Chênevert's compensation ranked 56th out of 9,135 executives tracked by ExecPay. In other words, Chênevert earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 56 out of 9,135 | 99th |
Division Manufacturing | 14 out of 3,436 | 100th |
Major group Transportation Equipment | 4 out of 258 | 98th |
Industry group Aircraft And Parts | 2 out of 68 | 97th |
Industry Aircraft Engines and Engine Parts | 2 out of 14 | 86th |
Source: SEC filing on February 25, 2011.
Chênevert's colleagues
We found six more compensation records of executives who worked with Louis Chênevert at United Technologies in 2008.
2008
George David
United Technologies
Chairman
2008
Ari Bousbib
United Technologies
Former President, Commercial Companies Executive Vice President, UTC
2008
Geraud Darnis
United Technologies
President, Carrier Corporation
2008
Stephen Finger
United Technologies
President, Pratt & Whitney
2008
Gregory Hayes
United Technologies
Chief Financial Officer
2008
James Geisler
United Technologies