TEGNA CEO David Lougee's 2018 pay rises 2% to $4.9M
TEGNA reports 2018 executive compensation
By ExecPay News
Published: March 11, 2019
TEGNA reported fiscal year 2018 executive compensation information on March 11, 2019.
In 2018, four TEGNA executives received on average a compensation package of $3M, a 7% decrease compared to previous year.
Average pay of disclosed executives at TEGNA
David T. Lougee, Chief Executive Officer, received $4.9M in total, which increased by 2% compared to 2017. 56% of Lougee's compensation, or $2.7M, was in stock awards. Lougee also received $1M in bonus, $950K in salary, as well as $185K in other compensation.
For fiscal year 2018, the median employee pay was $58,144 at TEGNA. Therefore, the ratio of David T. Lougee's pay to the median employee pay was 84 to one.
Victoria D. Harker, Chief Financial Officer, received a compensation package of $3.2M, which decreased by 11% compared to previous year. 44% of the compensation package, or $1.4M, was in stock awards.
Lynn Beall, Chief Operating Officer, earned $2.1M in 2018, a 23% decrease compared to previous year.
Todd A. Mayman, Executive Vice President Chief Legal and Administrative Officer, received $2M in 2018, which decreases by 1% compared to 2017.
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Source: SEC filing on March 11, 2019.