American Water Works Company CEO Walter Lynch's 2021 pay jumps 30% to $7.4M
American Water Works Company reports 2021 executive compensation
By ExecPay News
Published: March 29, 2022
American Water Works Company reported fiscal year 2021 executive compensation information on March 29, 2022.
In 2021, six executives at American Water Works Company received on average a compensation package of $2.8M, a 6% increase compared to previous year.
Average pay of disclosed executives at American Water Works Company
Walter J. Lynch, Chief Executive Officer, received $7.4M in total, which increased by 30% compared to 2020. 54% of Lynch's compensation, or $4M, was in stock awards. Lynch also received $1M of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $995K in salary, as well as $120K in other compensation.
For fiscal year 2021, the median employee pay was $91,238 at American Water Works Company. Therefore, the ratio of Walter J. Lynch's pay to the median employee pay was 81 to one.
Cheryl Norton, Chief Operating Officer, received a compensation package of $2.6M. 35% of the compensation package, or $916K, was of change in pension value and nonqualified deferred compensation earnings.
M. Susan Hardwick, Chief Financial Officer, earned $2.4M in 2021, a 15% increase compared to previous year.
Michael A. Sgro, General Counsel, received $1.9M in 2021, which decreases by 26% compared to 2020.
Melanie M. Kennedy, Chief Human Resources Officer, earned $1.2M in 2021.
Adam Noble, Chief Technology and Innovation Officer, received $1.1M in 2021.
Related executives
Walter Lynch
American Water Works Company
Chief Executive Officer
M Hardwick
American Water Works Company
Chief Financial Officer
Cheryl Norton
American Water Works Company
Chief Operating Officer
Michael Sgro
American Water Works Company
General Counsel
Melanie Kennedy
American Water Works Company
Chief Human Resources Officer
Adam Noble
American Water Works Company
Chief Technology and Innovation Officer
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Source: SEC filing on March 29, 2022.