Union Pacific CEO Lance Fritz's 2020 pay rises 11% to $17M
Union Pacific reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
Union Pacific reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, six executives at Union Pacific received on average a compensation package of $5.9M, a 16% increase compared to previous year.
Average pay of disclosed executives at Union Pacific
Lance M. Fritz, Chief Executive Officer, received $17M in total, which increased by 11% compared to 2019. 38% of Fritz's compensation, or $6.3M, was in stock awards. Fritz also received $3.3M of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $4.2M in option awards, $1.1M in salary, as well as $117K in other compensation.
For fiscal year 2020, the median employee pay was $99,153 at Union Pacific. Therefore, the ratio of Lance M. Fritz's pay to the median employee pay was 168 to one.
Vincenzo J. Vena, Senior Advisor, received a compensation package of $5.6M, which decreased by 3% compared to previous year. 43% of the compensation package, or $2.4M, was in stock awards.
Elizabeth F. Whited, EVP & Chief Human Resource Officer, earned $4.6M in 2020, a 8% increase compared to previous year.
Jennifer L. Hamann, Chief Financial Officer, received $3.7M in 2020, which increases by 123% compared to 2019.
Kenny G. Rocker, EVP Marketing & Sales, earned $3.2M in 2020, a 22% increase compared to previous year.
Eric J. Gehringer, EVP Operations, received $1.5M in 2020, which increases by 29% compared to 2019.
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Source: SEC filing on March 31, 2021.