TEGNA CEO David Lougee's 2021 pay rises 4% to $7M
TEGNA reports 2021 executive compensation
By ExecPay News
Published: May 12, 2022
TEGNA reported fiscal year 2021 executive compensation information on May 12, 2022.
In 2021, four TEGNA executives received on average a compensation package of $3.6M, a 1% increase compared to previous year.
Average pay of disclosed executives at TEGNA
David T. Lougee, Chief Executive Officer, received $7M in total, which increased by 4% compared to 2020. 63% of Lougee's compensation, or $4.4M, was in stock awards. Lougee also received $1.5M in bonus, $5.5K of change in pension value and nonqualified deferred compensation earnings, $975K in salary, as well as $141K in other compensation.
For fiscal year 2021, the median employee pay was $62,496 at TEGNA. Therefore, the ratio of David T. Lougee's pay to the median employee pay was 111 to one.
Victoria D. Harker, Chief Financial Officer, received a compensation package of $3.1M, which increased by 7% compared to previous year. 46% of the compensation package, or $1.4M, was in stock awards.
Lynn Beall, Chief Operating Officer, earned $2.7M in 2021, a 15% decrease compared to previous year.
Akin S. Harrison, General Counsel, received $1.7M in 2021, which increases by 12% compared to 2020.
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Source: SEC filing on May 12, 2022.