Laclede Group CEO Suzanne Sitherwood's 2022 pay slips 11% to $5M
Laclede Group reports 2022 executive compensation
By ExecPay News
Published: December 14, 2022
Laclede Group reported fiscal year 2022 executive compensation information on December 14, 2022.
In 2022, five executives at Laclede Group received on average a compensation package of $2.2M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Laclede Group
Suzanne Sitherwood, Chief Executive Officer, received $5M in total, which decreased by 11% compared to 2021. 52% of Sitherwood's compensation, or $2.6M, was in stock awards. Sitherwood also received $362K of change in pension value and nonqualified deferred compensation earnings, $715K in non-equity incentive plan, $982K in salary, as well as $311K in other compensation.
For fiscal year 2022, the median employee pay was $95,900 at Laclede Group. Therefore, the ratio of Suzanne Sitherwood's pay to the median employee pay was 52 to one.
Steven L. Lindsey, Chief Operating Officer, received a compensation package of $2M, which decreased by 12% compared to previous year. 45% of the compensation package, or $884K, was in stock awards.
Steven P. Rasche, Chief Financial Officer, earned $1.5M in 2022, a 8% decrease compared to previous year.
Mark C. Darrell, Senior Vice President, Chief Legal and Compliance Officer, received $1.2M in 2022, which decreases by 13% compared to 2021.
Michael C Geiselhart, Senior Vice President, Chief Strategy and Corporate Development Officer, earned $1.2M in 2022, a 14% decrease 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 14, 2022.