Michael D. Garrett
2009
In 2009, Michael D. Garrett earned a total compensation of $3.8M as President and Chief Executive Officer, Georgia Power at Southern Company, a 29% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,701,049 |
|---|---|
| Non-Equity Incentive Plan | $847,998 |
| Option Awards | $466,229 |
| Salary | $722,149 |
| Other | $47,587 |
| Total | $3,785,012 |
Garrett received $1.7M of change in pension value and nonqualified deferred compensation earnings, accounting for 45% of the total pay in 2009.
Garrett also received $848K in non-equity incentive plan, $466.2K in option awards, $722.1K in salary and $47.6K in other compensation.
Rankings
In 2009, Michael D. Garrett's compensation ranked 1,112th out of 9,885 executives tracked by ExecPay. In other words, Garrett earned more than 88.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,112 out of 9,885 | 89th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 133 out of 872 | 85th |
Major group Electric, Gas, And Sanitary Services | 47 out of 393 | 88th |
Industry group Electric Services | 26 out of 141 | 82nd |
Industry Electric Services | 26 out of 141 | 82nd |
Source: SEC filing on April 13, 2011.
Garrett's colleagues
We found six more compensation records of executives who worked with Michael D. Garrett at Southern Company in 2009.
2009
David Ratcliffe
Southern Company
Chief Executive Officer
2009
Charles McCrary
Southern Company
Chief Executive Officer
2009
Thomas Fanning
Southern Company
Chief Executive Officer
2009
W Bowers
Southern Company
Chief Executive Officer
2009
G Holland
Southern Company
General Counsel
2009
Anthony Topazi
Southern Company