PACIFIC GAS & ELECTRIC Co CEO William Smith receives $6.2M in 2020
PACIFIC GAS & ELECTRIC Co reports 2020 executive compensation
By ExecPay News
Published: April 8, 2021
PACIFIC GAS & ELECTRIC Co reported fiscal year 2020 executive compensation information on April 8, 2021.
In 2020, nine executives at PACIFIC GAS & ELECTRIC Co received on average a compensation package of $3.1M, a 18% decrease compared to previous year.
Average pay of disclosed executives at PACIFIC GAS & ELECTRIC Co
William L. Smith, Chief Executive Officer, received $6.2M in total. 83% of Smith's compensation, or $5.1M, was in stock awards. Smith also received $21K of change in pension value and nonqualified deferred compensation earnings, $756K in salary, as well as $292K in other compensation.
John R. Simon, General Counsel, received a compensation package of $5.1M, which increased by 231% compared to previous year. 60% of the compensation package, or $3.1M, was in stock awards.
Jason P. Wells, Chief Financial Officer, earned $3.9M in 2020, a 224% increase compared to previous year.
Andrew M. Vesey, Chief Executive Officer, received $3.6M in 2020, which increases by 53% compared to 2019.
James M. Welsch, Senior Vice President, Generation and Chief Nuclear Officer, Pacific Gas and Electric Company, earned $2.4M in 2020, a 120% increase compared to previous year.
Michael A. Lewis, Interim President, Pacific Gas and Electric Company, received $2.1M in 2020, which increases by 199% compared to 2019.
William D. Johnson, Chief Executive Officer, earned $1.8M in 2020, a 91% decrease compared to previous year.
David S. Thomason, Chief Financial Officer, received $1.5M in 2020, which increases by 132% compared to 2019.
Christopher A. Foster, Chief Financial Officer, earned $1.1M in 2020.
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Source: SEC filing on April 8, 2021.