Peter M. Scott III
2007 - Progress Energy
In 2007, Peter M. Scott III earned a total compensation of $7.4M as Executive Vice President and Chief Financial Officer (retired effective at Progress Energy, a 77% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $916,425 |
|---|---|
| Non-Equity Incentive Plan | $600,000 |
| Salary | $663,462 |
| Stock Awards | $4,920,006 |
| Other | $338,460 |
| Total | $7,438,353 |
Scott received $4.9M in stock awards, accounting for 66% of the total pay in 2007.
Scott also received $916.4K of change in pension value and nonqualified deferred compensation earnings, $600K in non-equity incentive plan, $663.5K in salary and $338.5K in other compensation.
Rankings
In 2007, Peter M. Scott III's compensation ranked 472nd out of 8,700 executives tracked by ExecPay. In other words, Scott earned more than 94.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 472 out of 8,700 | 95th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 74 out of 745 | 90th |
Major group Electric, Gas, And Sanitary Services | 19 out of 330 | 94th |
Industry group Electric Services | 11 out of 112 | 90th |
Industry Electric Services | 11 out of 112 | 90th |
Source: SEC filing on March 31, 2009.
Scott's colleagues
We found five more compensation records of executives who worked with Peter M. Scott III at Progress Energy in 2007.