Southwestern Energy Company CEO William Way's 2021 pay slips 12% to $7.1M
Southwestern Energy Company reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Southwestern Energy Company reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, seven executives at Southwestern Energy Company received on average a compensation package of $2.7M, a 21% decrease compared to previous year.
Average pay of disclosed executives at Southwestern Energy Company
William J. Way, Chief Executive Officer, received $7.1M in total, which decreased by 12% compared to 2020. 62% of Way's compensation, or $4.4M, was in stock awards. Way also received $31K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $900K in salary, as well as $94K in other compensation.
For fiscal year 2021, the median employee pay was $118,240 at Southwestern Energy Company. Therefore, the ratio of William J. Way's pay to the median employee pay was 60 to one.
Clay A. Carrell, Chief Operating Officer, received a compensation package of $3.6M, which decreased by 12% compared to previous year. 59% of the compensation package, or $2.1M, was in stock awards.
Julian M. Bott, Chief Financial Officer, earned $3.5M in 2021, a 1% decrease compared to previous year.
Derick W. Cutright, Senior Vice President and Division Head, received $1.4M in 2021.
John P. Kelly, Senior Vice President and Division Head, earned $1.3M in 2021, a 8% decrease compared to previous year.
Carl F. Giesler, Jr, Chief Financial Officer, received $1.2M in 2021.
Michael E. Hancock, Chief Financial Officer, earned $1M in 2021.
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Source: SEC filing on April 8, 2022.