Laclede Group CEO Suzanne Sitherwood's 2021 pay jumps 26% to $5.6M
Laclede Group reports 2021 executive compensation
By ExecPay News
Published: December 15, 2021
Laclede Group reported fiscal year 2021 executive compensation information on December 15, 2021.
In 2021, five executives at Laclede Group received on average a compensation package of $2.4M, a 23% increase compared to previous year.
Average pay of disclosed executives at Laclede Group
Suzanne Sitherwood, Chief Executive Officer, received $5.6M in total, which increased by 26% compared to 2020. 51% of Sitherwood's compensation, or $2.8M, was in stock awards. Sitherwood also received $291K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $929K in salary, as well as $183K in other compensation.
For fiscal year 2021, the median employee pay was $115,588 at Laclede Group. Therefore, the ratio of Suzanne Sitherwood's pay to the median employee pay was 48 to one.
Steven L. Lindsey, Chief Operating Officer, received a compensation package of $2.2M, which increased by 26% compared to previous year. 42% of the compensation package, or $939K, was in stock awards.
Steven P. Rasche, Chief Financial Officer, earned $1.7M in 2021, a 22% increase compared to previous year.
Mark C. Darrell, Senior Vice President, Chief Legal and Compliance Officer, received $1.3M in 2021, which increases by 16% compared to 2020.
Michael C Geiselhart, Senior Vice President, Chief Strategy and Corporate Development Officer, earned $1.3M in 2021, a 18% 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 15, 2021.