Centrus Energy CEO John Welch's 2007 pay jumps 77% to $3.9M
Centrus Energy reports 2007 executive compensation
By ExecPay News
Published: March 18, 2008
Centrus Energy reported fiscal year 2007 executive compensation information on March 18, 2008.
In 2007, seven executives at Centrus Energy received on average a compensation package of $1.7M, a 43% increase compared to previous year.
Average pay of disclosed executives at Centrus Energy
John K. Welch, Chief Executive Officer, received $3.9M in total, which increased by 77% compared to 2006. 42% of Welch's compensation, or $1.6M, was in stock awards. Welch also received $925K of change in pension value and nonqualified deferred compensation earnings, $65K in non-equity incentive plan, $415K in option awards, $828K in salary, as well as $66K in other compensation.
Philip G. Sewell, Senior Vice President, American Centrifuge and, received a compensation package of $2M, which increased by 7% compared to previous year. 37% of the compensation package, or $750K, was of change in pension value and nonqualified deferred compensation earnings.
Robert Van Namen, Senior Vice President, Uranium Enrichment, earned $1.3M in 2007, which is about the same as previous year.
Russian HEU Robert Van Namen, Senior Vice President,, received $1.3M in 2007, which decreases by 3% compared to 2006.
Uranium Enrichment W. Lance Wright, Senior Vice President, Human Resources and Administration, earned $1.1M in 2007, a 24% increase compared to previous year.
W. Lance Wright, Senior Vice President, Human Resources and Administration, received $1.1M in 2007, which increases by 21% compared to 2006.
John C. Barpoulis, Chief Financial Officer, earned $966K in 2007, a 18% increase compared to previous year.
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Uranium Wright
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Source: SEC filing on March 18, 2008.