Southern Company Gas CEO John Somerhalder's 2008 pay jumps 36% to $3.5M
Southern Company Gas reports 2008 executive compensation
By ExecPay News
Published: March 16, 2009
Southern Company Gas reported fiscal year 2008 executive compensation information on March 16, 2009.
In 2008, six executives at Southern Company Gas received on average a compensation package of $1.7M, a 11% increase compared to previous year.
Average pay of disclosed executives at Southern Company Gas
John W. Somerhalder II, Chief Executive Officer, received $3.5M in total, which increased by 36% compared to 2007. 38% of Somerhalder's compensation, or $1.3M, was in non-equity incentive plan. Somerhalder also received $167K of change in pension value and nonqualified deferred compensation earnings, $137K in option awards, $792K in salary, $956K in stock awards, as well as $123K in other compensation.
Kevin P. Madden, Executive Vice President, External Affairs, received a compensation package of $1.6M, which increased by 7% compared to previous year. 38% of the compensation package, or $597K, was in non-equity incentive plan.
Andrew W. Evans, Chief Financial Officer, earned $1.5M in 2008, a 26% increase compared to previous year.
Douglas N. Schantz, President, Sequent Energy Management, LP, received $1.4M in 2008, which decreases by 18% compared to 2007.
Henry P. Linginfelter, Executive Vice President, Utility Operations, earned $1.3M in 2008.
Paul R. Shlanta, General Counsel, received $1M in 2008, which increases by 31% compared to 2007.
Related executives
Douglas Schantz
Southern Company Gas
President, Sequent Energy Management, LP
Kevin Madden
Southern Company Gas
Executive Vice President, External Affairs
John Somerhalder
Southern Company Gas
Chief Executive Officer
Andrew Evans
Southern Company Gas
Chief Financial Officer
Henry Linginfelter
Southern Company Gas
Executive Vice President, Distribution Operations
Paul Shlanta
Southern Company Gas
General Counsel
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Source: SEC filing on March 16, 2009.