Centrus Energy CEO John Welch's 2009 pay jumps 22% to $6.1M
Centrus Energy reports 2009 executive compensation
By ExecPay News
Published: March 19, 2010
Centrus Energy reported fiscal year 2009 executive compensation information on March 19, 2010.
In 2009, five executives at Centrus Energy received on average a compensation package of $2.5M, a 10% increase compared to previous year.
John K. Welch, Chief Executive Officer, received $6.1M in total, which increased by 22% compared to 2008. 35% of Welch's compensation, or $2.1M, was in stock awards. Welch also received $1.8M of change in pension value and nonqualified deferred compensation earnings, $545K in non-equity incentive plan, $675K in option awards, $935K in salary, as well as $61K in other compensation.
Philip G. Sewell, Senior Vice President, American Centrifuge and, received a compensation package of $1.7M, which decreased by 12% compared to previous year. 35% of the compensation package, or $596K, was in stock awards.
Russian HEU Robert Van Namen, Senior Vice President,, earned $1.6M in 2009, a 3% increase compared to previous year.
John C. Barpoulis, Chief Financial Officer, received $1.5M in 2009, which increases by 9% compared to 2008.
Uranium Enrichment W. Lance Wright, Senior Vice President, Human Resources and Administration, earned $1.4M in 2009, a 2% increase compared to previous year.
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