Laclede Group CEO Suzanne Sitherwood's 2019 pay rises 12% to $4.5M
Laclede Group reports 2019 executive compensation
By ExecPay News
Published: December 13, 2019
Laclede Group reported fiscal year 2019 executive compensation information on December 13, 2019.
In 2019, five executives at Laclede Group received on average a compensation package of $2M, a 11% increase compared to previous year.
Average pay of disclosed executives at Laclede Group
Suzanne Sitherwood, Chief Executive Officer, received $4.5M in total, which increased by 12% compared to 2018. 51% of Sitherwood's compensation, or $2.3M, was in stock awards. Sitherwood also received $247K of change in pension value and nonqualified deferred compensation earnings, $897K in non-equity incentive plan, $900K in salary, as well as $151K in other compensation.
For fiscal year 2019, the median employee pay was $103,286 at Laclede Group. Therefore, the ratio of Suzanne Sitherwood's pay to the median employee pay was 44 to one.
Steven L. Lindsey, Chief Executive Officer, received a compensation package of $1.6M, which increased by 12% compared to previous year. 42% of the compensation package, or $688K, was in stock awards.
Steven P. Rasche, Chief Financial Officer, earned $1.4M in 2019, a 7% increase compared to previous year.
Michael C Geiselhart, Senior Vice President, Chief Strategy and Corporate Development Officer, received $1.3M in 2019, which increases by 9% compared to 2018.
Mark C. Darrell, Senior Vice President, Chief Legal and Compliance Officer, earned $1.3M in 2019, a 9% increase compared to previous year.
Laclede Group's fiscal year ends on September 30.
Related executives
Suzanne Sitherwood
Laclede Group
Chief Executive Officer
Steven Rasche
Laclede Group
Chief Financial Officer
Steven Lindsey
Laclede Group
Chief Operating Officer
Mark Darrell
Laclede Group
Senior Vice President, Chief Legal and Compliance Officer
Michael Geiselhart
Laclede Group
Senior Vice President, Chief Strategy and Corporate Development Officer
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Source: SEC filing on December 13, 2019.