Entergy CEO Leo Denault's 2018 pay falls 22% to $10M
Entergy reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Entergy reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, five Entergy executives received on average a compensation package of $4.4M, a 17% decrease compared to previous year.
Leo P. Denault, Chief Executive Officer, received $10M in total, which decreased by 22% compared to 2017. 46% of Denault's compensation, or $4.7M, was in stock awards. Denault also received $983K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $1.2M in option awards, $1.3M in salary, as well as $138K in other compensation.
For fiscal year 2018, the median employee pay was $123,392 at Entergy. Therefore, the ratio of Leo P. Denault's pay to the median employee pay was 84 to one.
A. Christopher Bakken, III, Executive Vice President and Chief Nuclear Officer, received a compensation package of $3.2M, which increased by 20% compared to previous year. 32% of the compensation package, or $1M, was in stock awards.
Marcus V. Brown, General Counsel, earned $2.9M in 2018, a 22% decrease compared to previous year.
Roderick K. West, Group President, received $2.7M in 2018, which decreases by 17% compared to 2017.
Andrew S. Marsh, Chief Financial Officer, earned $2.6M in 2018, a 21% decrease compared to previous year.