Plains GP Holdings CEO Willie Chiang's 2018 pay jumps 169% to $8.9M
Plains GP Holdings reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Plains GP Holdings reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, six executives at Plains GP Holdings received on average a compensation package of $3.7M, a 112% increase compared to previous year.
Willie Chiang, Chief Executive Officer, received $8.9M in total, which increased by 169% compared to 2017. 72% of Chiang's compensation, or $6.4M, was in stock awards. Chiang also received $2M in bonus, $450K in salary, as well as $17K in other compensation.
Daniel J. Nerbonne, Former Executive Vice President, Operations and Engineering, received a compensation package of $3.3M, which increased by 61% compared to previous year. 48% of the compensation package, or $1.6M, was in stock awards.
Al Swanson, Chief Financial Officer, earned $3.3M in 2018, a 58% increase compared to previous year.
Richard McGee, General Counsel, received $2.8M in 2018, which increases by 38% compared to 2017.
Harry N. Pefanis, President and Chief Commercial Officer, earned $1.9M in 2018, a 422% increase compared to previous year.
Greg L. Armstrong, Chief Executive Officer, received $1.9M in 2018, which increases by 4365% compared to 2017.
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