CenterPoint Energy CEO Scott Prochazka's 2018 pay rises 11% to $8.9M
CenterPoint Energy reports 2018 executive compensation
By ExecPay News
Published: March 14, 2019
CenterPoint Energy reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five executives at CenterPoint Energy received on average a compensation package of $3.6M, a 6% increase compared to previous year.
Average pay of disclosed executives at CenterPoint Energy
Scott M. Prochazka, Chief Executive Officer, received $8.9M in total, which increased by 11% compared to 2017. 62% of Prochazka's compensation, or $5.5M, was in stock awards. Prochazka also received $97K of change in pension value and nonqualified deferred compensation earnings, $1.9M in non-equity incentive plan, $1.2M in salary, as well as $190K in other compensation.
For fiscal year 2018, the median employee pay was $97,572 at CenterPoint Energy. Therefore, the ratio of Scott M. Prochazka's pay to the median employee pay was 91 to one.
Milton Carroll, Chairman, received a compensation package of $2.9M, which increased by 6% compared to previous year. 74% of the compensation package, or $2.1M, was in stock awards.
William D. Rogers, Chief Financial Officer, earned $2.3M in 2018, a 3% decrease compared to previous year.
Tracy B. Bridge, Executive Vice President and President Electric Division, received $2M in 2018, which increases by 1% compared to 2017.
Dana C. O'Brien, General Counsel, earned $1.9M in 2018, a 4% increase compared to previous year.
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Source: SEC filing on March 14, 2019.