Centrus Energy CEO John Welch's 2008 pay jumps 27% to $5M
Centrus Energy reports 2008 executive compensation
By ExecPay News
Published: March 19, 2009
Centrus Energy reported fiscal year 2008 executive compensation information on March 19, 2009.
In 2008, five executives at Centrus Energy received on average a compensation package of $2.2M, a 34% increase compared to previous year.
Average pay of disclosed executives at Centrus Energy
John K. Welch, Chief Executive Officer, received $5M in total, which increased by 27% compared to 2007. 34% of Welch's compensation, or $1.7M, was in stock awards. Welch also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $372K in non-equity incentive plan, $675K in option awards, $900K in salary, as well as $62K in other compensation.
Philip G. Sewell, Senior Vice President, American Centrifuge and, received a compensation package of $1.9M, which decreased by 5% compared to previous year. 25% of the compensation package, or $477K, was in stock awards.
Russian HEU Robert Van Namen, Senior Vice President,, earned $1.6M in 2008, a 23% increase compared to previous year.
John C. Barpoulis, Chief Financial Officer, received $1.4M in 2008, which increases by 44% compared to 2007.
Uranium Enrichment W. Lance Wright, Senior Vice President, Human Resources and Administration, earned $1.3M in 2008, a 18% increase compared to previous year.
Related executives
John Welch
Centrus Energy
Chief Executive Officer
John Barpoulis
Centrus Energy
Chief Financial Officer
Philip Sewell
Centrus Energy
SVP and Chief Development Officer
Russian Van Namen
Centrus Energy
Senior Vice President,
Uranium Wright
Centrus Energy
Senior Vice President, Human Resources and Administration
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Source: SEC filing on March 19, 2009.