Arch Coal CEO Steven Leer's 2007 pay falls 24% to $4.3M
Arch Coal reports 2007 executive compensation
By ExecPay News
Published: March 20, 2008
Arch Coal reported fiscal year 2007 executive compensation information on March 20, 2008.
In 2007, eight Arch Coal executives received on average a compensation package of $1.7M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Arch Coal
Steven F. Leer, Chief Executive Officer, received $4.3M in total, which decreased by 24% compared to 2006. 44% of Leer's compensation, or $1.9M, was in option awards. Leer also received $198K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $800K in salary, as well as $103K in other compensation.
John W. Eaves, Chief Operating Officer, received a compensation package of $2.6M, which decreased by 29% compared to previous year. 47% of the compensation package, or $1.2M, was in option awards.
David N. Warnecke, Vice President Marketing and Trading, earned $1.5M in 2007, a 45% increase compared to previous year.
Paul A. Lang, Senior Vice President — Operations, received $1.5M in 2007, which increases by 17% compared to 2006.
Robert J. Messey, Chief Financial Officer, earned $1.4M in 2007, a 45% decrease compared to previous year.
Robert G. Jones, General Counsel, received $1.1M in 2007, which decreases by 28% compared to 2006.
C. Henry Besten, Jr, Senior Vice President Strategic Development, earned $1.1M in 2007, a 26% decrease compared to previous year.
John T. Drexler, Chief Financial Officer, received $454K in 2007, which increases by 47% compared to 2006.
Related executives
Steven Leer
Arch Coal
Chief Executive Officer
John Drexler
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Chief Operating Officer
John Eaves
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Chairman
Paul Lang
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Chief Executive Officer
David Warnecke
Arch Coal
Senior Vice President Marketing and Trading
C Besten
Arch Coal
Senior Vice President Strategic Development
Robert Messey
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Chief Financial Officer
Robert Jones
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Senior Advisor
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Source: SEC filing on March 20, 2008.