EQT CEO Toby Rice's 2020 pay jumps 752,651,400% to $7.5M

EQT reports 2020 executive compensation

By ExecPay News

Published: February 24, 2021

EQT reported fiscal year 2020 executive compensation information on February 24, 2021.
In 2020, six EQT executives received on average a compensation package of $3.8M, a 7% decrease compared to previous year.
Average pay of disclosed executives at EQT
Toby Z. Rice, Chief Executive Officer, received $7.5M in total, which increased by 752,651,400% compared to 2019. 60% of Rice's compensation, or $4.5M, was in stock awards. Rice also received $1.4M in non-equity incentive plan, $1.6M in option awards, as well as $1 in salary.
For fiscal year 2020, the median employee pay was $115,690 at EQT. Therefore, the ratio of Toby Z. Rice's pay to the median employee pay was 65 to one.
David M. Khani, Chief Financial Officer, received a compensation package of $4.6M. 43% of the compensation package, or $2M, was in bonus.
William E. Jordan, General Counsel, earned $4.1M in 2020, a 865% increase compared to previous year.
J. Kyle Derham, Chief Financial Officer, received $3.9M in 2020, which increases by 915% compared to 2019.
Richard A. Duran, Chief Information Officer, earned $1.3M in 2020, a 1% decrease compared to previous year.
Lesley Evancho, Chief Human Resources Officer, received $1.2M in 2020, which decreases by 12% compared to 2019.

Related executives

Toby Rice

EQT

Chief Executive Officer

David Khani

EQT

Chief Financial Officer

Richard Duran

EQT

Chief Information Officer

Lesley Evancho

EQT

Chief Human Resources Officer

William Jordan

EQT

General Counsel

J Derham

EQT

Chief Financial Officer

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Source: SEC filing on February 24, 2021.