Ameren CEO Warner Baxter's 2018 pay rises 5% to $8.5M
Ameren reports 2018 executive compensation
By ExecPay News
Published: March 26, 2020
Ameren reported fiscal year 2018 executive compensation information on March 26, 2020.
In 2018, seven Ameren executives received on average a compensation package of $3.5M, a 2% increase compared to previous year.
Warner L. Baxter, Chief Executive Officer, received $8.5M in total, which increased by 5% compared to 2017. 54% of Baxter's compensation, or $4.6M, was in stock awards. Baxter also received $250K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $1.1M in salary, as well as $153K in other compensation.
For fiscal year 2018, the median employee pay was $119,718 at Ameren. Therefore, the ratio of Warner L. Baxter's pay to the median employee pay was 71 to one.
Martin J. Lyons, Jr, Chief Financial Officer, received a compensation package of $4.2M, which increased by 22% compared to previous year. 57% of the compensation package, or $2.4M, was in stock awards.
Michael L. Moehn, Chairman, earned $3.2M in 2018, a 25% increase compared to previous year.
Richard J. Mark, Chairman, received $3M in 2018, which increases by 30% compared to 2017.
Gregory L. Nelson, General Counsel, earned $2.1M in 2018, a 6% decrease compared to previous year.
Fadi M. Diya, Senior Vice President and Chief Nuclear Officer, Ameren Missouri, received $1.9M in 2018, which is about the same as previous year.
Bhavani Amirthalingam, Senior Vice President and Chief Digital Information Officer , Ameren, earned $1.6M in 2018.
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