Michael D. Garrett
2010
In 2010, Michael D. Garrett earned a total compensation of $5.5M as President and Chief Executive Officer, Georgia Power at Southern Company, a 44% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,112,834 |
|---|---|
| Non-Equity Incentive Plan | $1,323,260 |
| Option Awards | $514,597 |
| Salary | $695,402 |
| Stock Awards | $771,870 |
| Other | $1,043,823 |
| Total | $5,461,786 |
Garrett received $1.3M in non-equity incentive plan, accounting for 24% of the total pay in 2010.
Garrett also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $514.6K in option awards, $695.4K in salary, $771.9K in stock awards and $1M in other compensation.
Rankings
In 2010, Michael D. Garrett's compensation ranked 903rd out of 10,439 executives tracked by ExecPay. In other words, Garrett earned more than 91.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 903 out of 10,439 | 91st |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 112 out of 909 | 88th |
Major group Electric, Gas, And Sanitary Services | 42 out of 401 | 90th |
Industry group Electric Services | 26 out of 155 | 83rd |
Industry Electric Services | 26 out of 155 | 83rd |
Source: SEC filing on April 13, 2011.
Garrett's colleagues
We found seven more compensation records of executives who worked with Michael D. Garrett at Southern Company in 2010.
2010
David Ratcliffe
Southern Company
Chief Executive Officer
2010
Thomas Fanning
Southern Company
Chief Executive Officer
2010
W Bowers
Southern Company
Chief Executive Officer
2010
Charles McCrary
Southern Company
Chief Executive Officer
2010
Anthony Topazi
Southern Company
Chief Operating Officer
2010
G Holland
Southern Company
General Counsel
2010
Art Beattie
Southern Company