United States Cellular CEO Kenneth Meyers' 2019 pay rises 3% to $8.8M
United States Cellular reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
United States Cellular reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, six executives at United States Cellular received on average a compensation package of $3.3M, a 13% decrease compared to previous year.
Kenneth R. Meyers, Chief Executive Officer, received $8.8M in total, which increased by 3% compared to 2018. 74% of Meyers' compensation, or $6.6M, was in stock awards. Meyers also received $1.1M in bonus, $29K of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, as well as $88K in other compensation.
For fiscal year 2019, the median employee pay was $55,425 at United States Cellular. Therefore, the ratio of Kenneth R. Meyers' pay to the median employee pay was 160 to one.
Jay M. Ellison, Chief Operating Officer, received a compensation package of $2.9M, which increased by 2% compared to previous year. 57% of the compensation package, or $1.6M, was in stock awards.
Michael S. Irizarry, Chief Technology Officer, earned $2.8M in 2019, a 2% increase compared to previous year.
Steven T. Campbell, Chief Administrative Officer, received $2.8M in 2019, which increases by 2% compared to 2018.
Deirdre C. Drake, Chief Human Resources Officer, earned $1.9M in 2019, a 8% increase compared to previous year.
Douglas W. Chambers, Chief Financial Officer, received $340K in 2019.
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