Southern Company Gas CEO John Somerhalder's 2007 pay rises 4% to $2.6M
Southern Company Gas reports 2007 executive compensation
By ExecPay News
Published: March 19, 2008
Southern Company Gas reported fiscal year 2007 executive compensation information on March 19, 2008.
In 2007, five executives at Southern Company Gas received on average a compensation package of $1.5M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Southern Company Gas
John W. Somerhalder II, Chief Executive Officer, received $2.6M in total, which increased by 4% compared to 2006. 44% of Somerhalder's compensation, or $1.1M, was in stock awards. Somerhalder also received $212K of change in pension value and nonqualified deferred compensation earnings, $320K in option awards, $742K in salary, as well as $152K in other compensation.
Douglas N. Schantz, President, Sequent Energy Management, LP, received a compensation package of $1.7M, which decreased by 3% compared to previous year. 66% of the compensation package, or $1.1M, was in stock awards.
Kevin P. Madden, Executive Vice President, External Affairs, earned $1.5M in 2007, a 8% decrease compared to previous year.
Andrew W. Evans, Chief Financial Officer, received $1.2M in 2007, which decreases by 2% compared to 2006.
Paul R. Shlanta, General Counsel, earned $799K in 2007.
Related executives
John Somerhalder
Southern Company Gas
Chief Executive Officer
Andrew Evans
Southern Company Gas
Chief Financial Officer
Douglas Schantz
Southern Company Gas
President, Sequent Energy Management, LP
Paul Shlanta
Southern Company Gas
General Counsel
Kevin Madden
Southern Company Gas
Executive Vice President, External Affairs
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Source: SEC filing on March 19, 2008.