Level 3 Communications CEO Jeff Storey's 2013 pay falls 27% to $8M
Level 3 Communications reports 2013 executive compensation
By ExecPay News
Published: April 11, 2014
Level 3 Communications reported fiscal year 2013 executive compensation information on April 11, 2014.
In 2013, nine executives at Level 3 Communications received on average a compensation package of $4.3M, a 55% decrease compared to previous year.
Jeff K. Storey, Chief Executive Officer, received $8M in total, which decreased by 27% compared to 2012. 26% of Storey's compensation, or $2.1M, was in stock awards. Storey also received $1.9M in bonus, $1.1M in non-equity incentive plan, $2M in option awards, $858K in salary, as well as $41K in other compensation.
James Q. Crowe, Chief Executive Officer, received a compensation package of $7.6M, which decreased by 81% compared to previous year. 94% of the compensation package, or $7.2M, was in other compensation.
Sunit S. Patel, Chief Financial Officer, earned $4.8M in 2013, a 37% decrease compared to previous year.
Thomas C. Stortz, Chief Administrative Officer, received $4.8M in 2013, which decreases by 37% compared to 2012.
Charles C. Miller, III, Chairman, earned $3.8M in 2013, a 50% decrease compared to previous year.
Andrew E. Crouch, Regional President, EMEA and GAM, received $2.8M in 2013, which decreases by 5% compared to 2012.
John F. Waters, Jr, Chief Technology Officer, earned $2.4M in 2013, a 21% decrease compared to previous year.
Hector R. Alonso, Regional President, Latin America Former Executive Officers, received $2.2M in 2013, which decreases by 21% compared to 2012.
Laurinda Y. Pang, Chief Administrative Officer, earned $2.1M in 2013, a 23% decrease compared to previous year.
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