Michael D. Garrett
2007
In 2007, Michael D. Garrett earned a total compensation of $4.2M as President, Georgia Power Company at Southern Company, a 44% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,259,654 |
|---|---|
| Non-Equity Incentive Plan | $828,844 |
| Option Awards | $413,075 |
| Salary | $613,731 |
| Other | $47,440 |
| Total | $4,162,744 |
Garrett received $2.3M of change in pension value and nonqualified deferred compensation earnings, accounting for 54% of the total pay in 2007.
Garrett also received $828.8K in non-equity incentive plan, $413.1K in option awards, $613.7K in salary and $47.4K in other compensation.
Rankings
In 2007, Michael D. Garrett's compensation ranked 1,036th out of 8,700 executives tracked by ExecPay. In other words, Garrett earned more than 88.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,036 out of 8,700 | 88th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 138 out of 745 | 82nd |
Major group Electric, Gas, And Sanitary Services | 49 out of 330 | 85th |
Industry group Electric Services | 23 out of 112 | 80th |
Industry Electric Services | 23 out of 112 | 80th |
Source: SEC filing on April 13, 2010.
Garrett's colleagues
We found five more compensation records of executives who worked with Michael D. Garrett at Southern Company in 2007.
2007
David Ratcliffe
Southern Company
Chief Executive Officer
2007
Charles McCrary
Southern Company
President, Alabama Power Company
2007
Thomas Fanning
Southern Company
Chief Operating Officer
2007
G Holland
Southern Company
General Counsel
2007
W Bowers
Southern Company