Atmos Energy CEO Michael Haefner's 2019 pay slips 5% to $10M
Atmos Energy reports 2019 executive compensation
By ExecPay News
Published: December 20, 2019
Atmos Energy reported fiscal year 2019 executive compensation information on December 20, 2019.
In 2019, five executives at Atmos Energy received on average a compensation package of $5.6M, a 56% increase compared to previous year.
Average pay of disclosed executives at Atmos Energy
Michael E. Haefner, Chief Executive Officer, received $10M in total, which decreased by 5% compared to 2018. 53% of Haefner's compensation, or $5.6M, was of change in pension value and nonqualified deferred compensation earnings. Haefner also received $1.3M in non-equity incentive plan, $941K in salary, $2.6M in stock awards, as well as $12K in other compensation.
For fiscal year 2019, the median employee pay was $84,516 at Atmos Energy. Therefore, the ratio of Michael E. Haefner's pay to the median employee pay was 123 to one.
J. Kevin Akers, Chief Executive Officer, received a compensation package of $7.9M, which increased by 352% compared to previous year. 79% of the compensation package, or $6.2M, was of change in pension value and nonqualified deferred compensation earnings.
Kim R. Cocklin, Chairman, earned $5.9M in 2019, a 35% increase compared to previous year.
Christopher T. Forsythe, Chief Financial Officer, received $2.2M in 2019, which increases by 53% compared to 2018.
David J. Park, Senior Vice President, Utility Operations, earned $1.8M in 2019, a 32% increase compared to previous year.
Atmos Energy's fiscal year ends on September 30.
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Source: SEC filing on December 20, 2019.