ALABAMA POWER CO CEO Mark Crosswhite's 2020 pay slips 11% to $7.3M
ALABAMA POWER CO reports 2020 executive compensation
By ExecPay News
Published: March 18, 2021
ALABAMA POWER CO reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, six executives at ALABAMA POWER CO received on average a compensation package of $3.1M, a 5% decrease compared to previous year.
Average pay of disclosed executives at ALABAMA POWER CO
Mark A. Crosswhite, Chief Executive Officer, received $7.3M in total, which decreased by 11% compared to 2019. 37% of Crosswhite's compensation, or $2.7M, was of change in pension value and nonqualified deferred compensation earnings. Crosswhite also received $1.2M in non-equity incentive plan, $884K in salary, $2.5M in stock awards, as well as $57K in other compensation.
For fiscal year 2020, the median employee pay was $142,988 at ALABAMA POWER CO. Therefore, the ratio of Mark A. Crosswhite's pay to the median employee pay was 51 to one.
J. Jeffrey Peoples, Executive Vice President, received a compensation package of $3.8M. 58% of the compensation package, or $2.2M, was of change in pension value and nonqualified deferred compensation earnings.
Zeke W. Smith, Executive Vice President, earned $2.2M in 2020, a 13% decrease compared to previous year.
Philip C. Raymond, Chief Financial Officer, received $2.2M in 2020, which decreases by 13% compared to 2019.
R. Scott Moore, Senior Vice President, earned $1.7M in 2020, a 4% decrease compared to previous year.
Gregory J. Barker, Former Executive Vice President, received $1.7M in 2020, which increases by 4% compared to 2019.
Related executives
Mark Crosswhite
ALABAMA POWER CO
Chief Executive Officer
Philip Raymond
ALABAMA POWER CO
Chief Financial Officer
Gregory Barker
ALABAMA POWER CO
Former Executive Vice President
R Moore
ALABAMA POWER CO
Senior Vice President
J Peoples
ALABAMA POWER CO
Executive Vice President
Zeke Smith
ALABAMA POWER CO
Executive Vice President
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Source: SEC filing on March 18, 2021.