Louis Chênevert
2007
In 2007, Louis Chênevert earned a total compensation of $20.8M as President and Chief Executive Officer at United Technologies, a 166% increase compared to previous year.
Compensation breakdown
| Bonus | $2,000,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,487,702 |
| Non-Equity Incentive Plan | $858,030 |
| Option Awards | $9,690,531 |
| Salary | $1,012,500 |
| Stock Awards | $5,533,440 |
| Other | $246,574 |
| Total | $20,828,777 |
Chênevert received $9.7M in option awards, accounting for 47% of the total pay in 2007.
Chênevert also received $2M in bonus, $1.5M of change in pension value and nonqualified deferred compensation earnings, $858K in non-equity incentive plan, $1M in salary, $5.5M in stock awards and $246.6K in other compensation.
Rankings
In 2007, Louis Chênevert's compensation ranked 75th out of 8,700 executives tracked by ExecPay. In other words, Chênevert earned more than 99.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 75 out of 8,700 | 99th |
Division Manufacturing | 16 out of 3,314 | 100th |
Major group Transportation Equipment | 5 out of 235 | 98th |
Industry group Aircraft And Parts | 3 out of 67 | 96th |
Industry Aircraft Engines and Engine Parts | 2 out of 13 | 85th |
Source: SEC filing on February 20, 2009.
Chênevert's colleagues
We found five more compensation records of executives who worked with Louis Chênevert at United Technologies in 2007.
2007
George David
United Technologies
Chairman
2007
Ari Bousbib
United Technologies
President, Commercial Companies and Executive Vice President, UTC
2007
Geraud Darnis
United Technologies
President, Carrier Corporation
2007
Gregory Hayes
United Technologies
Chief Financial Officer
2007
James Geisler
United Technologies