Pinnacle West Capital CEO Jeffrey Guldner's 2020 pay jumps 76% to $6.8M
Pinnacle West Capital reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Pinnacle West Capital reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, six executives at Pinnacle West Capital received on average a compensation package of $3.3M, a 8% increase compared to previous year.
Jeffrey B. Guldner, Chief Executive Officer, received $6.8M in total, which increased by 76% compared to 2019. 48% of Guldner's compensation, or $3.3M, was in stock awards. Guldner also received $857K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $1.1M in salary, as well as $24K in other compensation.
For fiscal year 2020, the median employee pay was $144,397 at Pinnacle West Capital. Therefore, the ratio of Jeffrey B. Guldner's pay to the median employee pay was 47 to one.
Daniel T. Froetscher, Chief Operating Officer, received a compensation package of $3.8M, which increased by 17% compared to previous year. 38% of the compensation package, or $1.4M, was of change in pension value and nonqualified deferred compensation earnings.
James R. Hatfield, Chief Administrative Officer, earned $3.5M in 2020, a 13% increase compared to previous year.
Maria L. Lacal, Executive Vice President, Chief Nuclear Officer Palo Verde Generating Station, APS, received $2.4M in 2020.
Robert E. Smith, General Counsel, earned $2.2M in 2020, a 1% increase compared to previous year.
Theodore N. Geisler, Chief Financial Officer, received $1.3M in 2020.
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Jeffrey Guldner
Pinnacle West Capital
Chief Executive Officer
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Executive Vice President, Chief Nuclear Officer Palo Verde Generating Station, APS
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