El Paso Electric CEO Mary Kipp's 2018 pay slips 2% to $3.1M
El Paso Electric reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
El Paso Electric reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at El Paso Electric received on average a compensation package of $1.3M, a 6% decrease compared to previous year.
Average pay of disclosed executives at El Paso Electric
Mary E. Kipp, Chief Executive Officer, received $3.1M in total, which decreased by 2% compared to 2017. 43% of Kipp's compensation, or $1.3M, was in stock awards. Kipp also received $228K of change in pension value and nonqualified deferred compensation earnings, $711K in non-equity incentive plan, $724K in salary, as well as $107K in other compensation.
For fiscal year 2018, the median employee pay was $96,901 at El Paso Electric. Therefore, the ratio of Mary E. Kipp's pay to the median employee pay was 32 to one.
Nathan T. Hirschi, Chief Financial Officer, received a compensation package of $1.1M, which increased by 1% compared to previous year. 37% of the compensation package, or $399K, was in salary.
Steven T. Buraczyk, Senior Vice President, Operations, earned $934K in 2018, a 27% decrease compared to previous year.
Adrian J. Rodriguez, General Counsel, received $854K in 2018.
Rocky R. Miracle, Senior Vice President, Corporate Development and Chief Compliance Officer, earned $771K in 2018, a 19% decrease compared to previous year.
Related executives
Mary Kipp
El Paso Electric
Chief Executive Officer
Nathan Hirschi
El Paso Electric
Chief Financial Officer
Steven Buraczyk
El Paso Electric
Senior Vice President, Operations
Rocky Miracle
El Paso Electric
Senior Vice President, Corporate Development and Chief Compliance Officer
Adrian Rodriguez
El Paso Electric
General Counsel
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Source: SEC filing on April 12, 2019.