Steven W. Morris

2021

In 2021, Steven W. Morris earned a total compensation of $738.6K as Senior Vice President and CFO at ALLETE, a 8% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$28,446
Non-Equity Incentive Plan$156,530
Salary$298,072
Stock Awards$189,450
Other$66,123
Total$738,621

Morris received $298.1K in salary, accounting for 40% of the total pay in 2021.

Morris also received $28.4K of change in pension value and nonqualified deferred compensation earnings, $156.5K in non-equity incentive plan, $189.5K in stock awards and $66.1K in other compensation.

Rankings

In 2021, Steven W. Morris' compensation ranked 9,725th out of 12,415 executives tracked by ExecPay. In other words, Morris earned more than 21.7% of executives.

ClassificationRankingPercentile
All
9,725
out of 12,415
22nd
Division
Transportation, Communications, Electric, Gas, And Sanitary Services
592
out of 683
13th
Major group
Electric, Gas, And Sanitary Services
231
out of 266
13th
Industry group
Combination Electric And Gas, And Other Utility
64
out of 69
7th
Industry
Electric and Other Services Combined
46
out of 51
10th

Pay ratio

Steven W. Morris' Pay$738,621
Median Employee's Pay$114,667
Pay Ratio

6

to 1

In 2021, the annual total compensation of Steven W. Morris was $738,621.

The annual total compensation of the median employee at ALLETE was $114,667.

The ratio of Steven W. Morris' pay to the pay of median employee was therefore 6 to one.

Source: SEC filing on March 23, 2022.

Morris' colleagues

We found four more compensation records of executives who worked with Steven W. Morris at ALLETE in 2021.

2021

Bethany Owen

ALLETE

Chief Executive Officer

2021

Robert Adams

ALLETE

Chief Financial Officer

2021

Nicole Johnson

ALLETE

Chief Administrative Officer

2021

Margaret Thickens

ALLETE

Chief Legal Officer

News

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