Providence Service CEO R Pate's 2018 pay jumps 6,754% to $6.1M
Providence Service reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Providence Service reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, six executives at Providence Service received on average a compensation package of $2.1M, a 39% increase compared to previous year.
R. Carter Pate, Chief Executive Officer, received $6.1M in total, which increased by 6,754% compared to 2017. 83% of Pate's compensation, or $5.1M, was in option awards. Pate also received $450K in bonus, $553K in salary, as well as $3.6K in other compensation.
For fiscal year 2018, the median employee pay was $26,156 at Providence Service. Therefore, the ratio of R. Carter Pate's pay to the median employee pay was 233 to one.
David C. Shackelton, Chief Financial Officer, received a compensation package of $2.5M, which increased by 7% compared to previous year. 45% of the compensation package, or $1.1M, was in other compensation.
Sophia D. Tawil, General Counsel, earned $2.1M in 2018, a 59% increase compared to previous year.
William Severance, Chief Executive Officer, received $985K in 2018, which decreases by 12% compared to 2017.
Kevin Dotts, Chief Financial Officer, earned $596K in 2018.
Laurence Orton, Chief Accounting Officer, received $455K in 2018.
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