Alliant Energy CEO John Larsen's 2020 pay jumps 45% to $11M
Alliant Energy reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Alliant Energy reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five executives at Alliant Energy received on average a compensation package of $3.5M, a 12% increase compared to previous year.
John O. Larsen, Chief Executive Officer, received $11M in total, which increased by 45% compared to 2019. 45% of Larsen's compensation, or $5M, was of change in pension value and nonqualified deferred compensation earnings. Larsen also received $1.3M in non-equity incentive plan, $979K in salary, $3.5M in stock awards, as well as $263K in other compensation.
For fiscal year 2020, the median employee pay was $199,102 at Alliant Energy. Therefore, the ratio of John O. Larsen's pay to the median employee pay was 55 to one.
Robert J. Durian, Chief Financial Officer, received a compensation package of $2.3M, which increased by 12% compared to previous year. 44% of the compensation package, or $1M, was in stock awards.
James H. Gallegos, General Counsel, earned $2.1M in 2020, a 7% increase compared to previous year.
Terry L. Kouba, Senior Vice President and President of IPL, received $1.1M in 2020, which increases by 29% compared to 2019.
David A. de Leon, Senior Vice President and President of WPL, earned $1.1M in 2020, a 31% increase compared to previous year.