Southern Company Gas CEO John Somerhalder's 2009 pay jumps 25% to $4.4M
Southern Company Gas reports 2009 executive compensation
By ExecPay News
Published: March 15, 2010
Southern Company Gas reported fiscal year 2009 executive compensation information on March 15, 2010.
In 2009, five executives at Southern Company Gas received on average a compensation package of $2.1M, a 21% increase compared to previous year.
Average pay of disclosed executives at Southern Company Gas
John W. Somerhalder II, Chief Executive Officer, received $4.4M in total, which increased by 25% compared to 2008. 50% of Somerhalder's compensation, or $2.2M, was in non-equity incentive plan. Somerhalder also received $221K of change in pension value and nonqualified deferred compensation earnings, $83K in option awards, $821K in salary, $882K in stock awards, as well as $191K in other compensation.
Douglas N. Schantz, President, Sequent Energy Management, LP, received a compensation package of $1.8M, which increased by 27% compared to previous year. 64% of the compensation package, or $1.2M, was in non-equity incentive plan.
Andrew W. Evans, Chief Financial Officer, earned $1.6M in 2009, a 3% increase compared to previous year.
Henry P. Linginfelter, Executive Vice President, Utility Operations, received $1.5M in 2009, which increases by 19% compared to 2008.
Paul R. Shlanta, General Counsel, earned $1.1M in 2009, a 8% increase compared to previous year.
Related executives
Douglas Schantz
Southern Company Gas
President, Sequent Energy Management, LP
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 15, 2010.