CenturyLink CEO Jeffrey Storey's 2019 pay falls 52% to $17M
CenturyLink reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
CenturyLink reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at CenturyLink received on average a compensation package of $5.6M, a 49% decrease compared to previous year.
Average pay of disclosed executives at CenturyLink
Jeffrey K. Storey, Chief Executive Officer, received $17M in total, which decreased by 52% compared to 2018. 69% of Storey's compensation, or $12M, was in stock awards. Storey also received $3.5M in non-equity incentive plan, $1.8M in salary, as well as $109K in other compensation.
For fiscal year 2019, the median employee pay was $71,279 at CenturyLink. Therefore, the ratio of Jeffrey K. Storey's pay to the median employee pay was 242 to one.
Indraneel Dev, Chief Financial Officer, received a compensation package of $4M, which increased by 48% compared to previous year. 63% of the compensation package, or $2.5M, was in stock awards.
Stacey W. Goff, General Counsel, earned $3.4M in 2019, a 4% decrease compared to previous year.
Scott A. Trezise, EVP, Human Resources, received $1.7M in 2019, which decreases by 7% compared to 2018.
Shaun C. Andrews, Chief Marketing Officer, earned $1.7M in 2019.
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Source: SEC filing on April 8, 2020.