Pinnacle West Capital CEO Donald Brandt's 2018 pay rises 15% to $12M
Pinnacle West Capital reports 2018 executive compensation
By ExecPay News
Published: March 28, 2019
Pinnacle West Capital reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, six executives at Pinnacle West Capital received on average a compensation package of $4.1M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Pinnacle West Capital
Donald E. Brandt, Chief Executive Officer, received $12M in total, which increased by 15% compared to 2017. 36% of Brandt's compensation, or $4.4M, was in stock awards. Brandt also received $2.3M of change in pension value and nonqualified deferred compensation earnings, $4M in non-equity incentive plan, $1.4M in salary, as well as $28K in other compensation.
For fiscal year 2018, the median employee pay was $133,779 at Pinnacle West Capital. Therefore, the ratio of Donald E. Brandt's pay to the median employee pay was 91 to one.
James R. Hatfield, Chief Financial Officer, received a compensation package of $3M, which increased by 5% compared to previous year. 33% of the compensation package, or $993K, was in stock awards.
Robert S. Bement, Executive Vice President and Chief Nuclear Officer of APS, earned $2.8M in 2018, a 5% increase compared to previous year.
Mark A. Schiavoni, Executive Vice President of APS, received $2.6M in 2018, which decreases by 20% compared to 2017.
Jeffrey B. Guldner, Executive Vice President, Public Policy of P N W and President of APS, earned $2.2M in 2018.
Daniel T. Froetscher, Executive Vice President, Operations of APS, received $2.1M in 2018.
Related executives
Donald Brandt
Pinnacle West Capital
Chief Executive Officer
James Hatfield
Pinnacle West Capital
Chief Executive Officer
Robert Bement
Pinnacle West Capital
Executive Vice President and Chief Nuclear Officer of APS
Daniel Froetscher
Pinnacle West Capital
Chief Operating Officer
Jeffrey Guldner
Pinnacle West Capital
Chief Executive Officer
Mark Schiavoni
Pinnacle West Capital
Executive Vice President of APS
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Source: SEC filing on March 28, 2019.