National Fuel Gas Company CEO David Bauer's 2022 pay slips 7% to $6.5M

National Fuel Gas Company reports 2022 executive compensation

By ExecPay News

Published: January 20, 2023

National Fuel Gas Company reported fiscal year 2022 executive compensation information on January 20, 2023.
In 2022, five executives at National Fuel Gas Company received on average a compensation package of $3.8M, a 12% increase compared to previous year.
Average pay of disclosed executives at National Fuel Gas Company
David P. Bauer, Chief Executive Officer, received $6.5M in total, which decreased by 7% compared to 2021. 56% of Bauer's compensation, or $3.7M, was in stock awards. Bauer also received $53K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $973K in salary, as well as $184K in other compensation.
For fiscal year 2022, the median employee pay was $89,211 at National Fuel Gas Company. Therefore, the ratio of David P. Bauer's pay to the median employee pay was 73 to one.
Ronald C. Kraemer, Chief Operating Officer, received a compensation package of $5M, which increased by 42% compared to previous year. 43% of the compensation package, or $2.2M, was in stock awards.
Justin I. Loweth, President of Seneca Resources Company, LLC, earned $3.3M in 2022, a 105% increase compared to previous year.
Donna L. DeCarolis, President of National Fuel Gas Distribution Corporation, received $3.2M in 2022, which decreases by 15% compared to 2021.
Karen M. Camiolo, Treasurer and Principal Financial Officer, earned $1.2M in 2022, a 8% decrease compared to previous year.
National Fuel Gas Company's fiscal year ends on September 30.

Related executives

David Bauer

National Fuel Gas Company

Chief Executive Officer

Karen Camiolo

National Fuel Gas Company

Treasurer and Principal Financial Officer

Ronald Kraemer

National Fuel Gas Company

Chief Operating Officer

Justin Loweth

National Fuel Gas Company

President of Seneca Resources Company, LLC

Donna DeCarolis

National Fuel Gas Company

President of National Fuel Gas Distribution Corporation

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Source: SEC filing on January 20, 2023.