American Electric Power Co. CEO Nicholas Akins' 2019 pay rises 19% to $14M
American Electric Power Co. reports 2019 executive compensation
By ExecPay News
Published: March 11, 2020
American Electric Power Co. reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, seven executives at American Electric Power Co. received on average a compensation package of $5.4M, a 16% increase compared to previous year.
Average pay of disclosed executives at American Electric Power Co.
Nicholas K. Akins, Chief Executive Officer, received $14M in total, which increased by 19% compared to 2018. 61% of Akins' compensation, or $8.8M, was in stock awards. Akins also received $530K of change in pension value and nonqualified deferred compensation earnings, $3.6M in non-equity incentive plan, $1.5M in salary, as well as $112K in other compensation.
Brian X. Tierney, Chief Financial Officer, received a compensation package of $6.5M, which increased by 78% compared to previous year. 62% of the compensation package, or $4.1M, was in stock awards.
Lisa M. Barton, Executive Vice President- Utilities, earned $4.9M in 2019, a 103% increase compared to previous year.
David M. Feinberg, General Counsel, received $3.2M in 2019, which increases by 18% compared to 2018.
Mark C. McCullough, Former Executive Vice President - Energy Delivery, earned $3M in 2019.
Charles E. Zebula, Executive Vice President - Portfolio Optimization, received $2.9M in 2019.
Lana L. Hillebrand, Chief Administrative Officer, earned $2.8M in 2019, a 25% increase compared to previous year.
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American Electric Power Co.
Chief Executive Officer
Brian Tierney
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Former Executive Vice President - Strategy
David Feinberg
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Lisa Barton
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Chief Operating Officer
Lana Hillebrand
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Chief Administrative Officer
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Source: SEC filing on March 11, 2020.