Union Pacific CEO Lance Fritz's 2018 pay rises 1% to $14M
Union Pacific reports 2018 executive compensation
By ExecPay News
Published: March 31, 2021
Union Pacific reported fiscal year 2018 executive compensation information on March 31, 2021.
In 2018, eight executives at Union Pacific received on average a compensation package of $4.1M, a 24% decrease compared to previous year.
Lance M. Fritz, Chief Executive Officer, received $14M in total, which increased by 1% compared to 2017. 42% of Fritz's compensation, or $5.9M, was in stock awards. Fritz also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $3.9M in option awards, $1.1M in salary, as well as $115K in other compensation.
For fiscal year 2018, the median employee pay was $79,902 at Union Pacific. Therefore, the ratio of Lance M. Fritz's pay to the median employee pay was 174 to one.
Robert M. Knight, Jr, Chief Financial Officer, received a compensation package of $5.1M, which decreased by 31% compared to previous year. 40% of the compensation package, or $2M, was in stock awards.
Elizabeth F. Whited, Chief Human Resources Officer, earned $3.2M in 2018, a 23% increase compared to previous year.
Cameron Scott, Retired Vice President, received $3.1M in 2018, which decreases by 34% compared to 2017.
Rhonda S. Ferguson, Chief Legal Officer, earned $2.6M in 2018, a 14% increase compared to previous year.
Lynden L. Tennison, Retired EVP & Chief Strategy Officer h, received $2.2M in 2018, which decreases by 31% compared to 2017.
Kenny G. Rocker, EVP Marketing & Sales, earned $1.5M in 2018.
Jennifer L. Hamann, Chief Financial Officer, received $961K in 2018.
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