Southwestern Energy Company CEO William Way's 2019 pay jumps 22% to $10M
Southwestern Energy Company reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
Southwestern Energy Company reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, five executives at Southwestern Energy Company received on average a compensation package of $5.5M, a 35% increase compared to previous year.
William J. Way, Chief Executive Officer, received $10M in total, which increased by 22% compared to 2018. 77% of Way's compensation, or $7.9M, was in stock awards. Way also received $75K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $896K in salary, as well as $75K in other compensation.
For fiscal year 2019, the median employee pay was $135,138 at Southwestern Energy Company. Therefore, the ratio of William J. Way's pay to the median employee pay was 76 to one.
Clay A. Carrell, Chief Operating Officer, received a compensation package of $5.2M, which increased by 19% compared to previous year. 73% of the compensation package, or $3.8M, was in stock awards.
J. David Cecil, Executive Vice President Corporate Development, earned $5M in 2019, a 8% increase compared to previous year.
Julian M. Bott, Chief Financial Officer, received $4.3M in 2019, which increases by 24% compared to 2018.
John C. Ale, General Counsel, earned $3M in 2019, a 17% increase compared to previous year.
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