Michael D. Garrett
2006
In 2006, Michael D. Garrett earned a total compensation of $2.9M as President, Georgia Power Company at Southern Company.
Compensation breakdown
| Bonus | $29,288 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $880,636 |
| Non-Equity Incentive Plan | $967,002 |
| Option Awards | $391,843 |
| Salary | $575,100 |
| Other | $47,183 |
| Total | $2,891,052 |
Garrett received $967K in non-equity incentive plan, accounting for 33% of the total pay in 2006.
Garrett also received $29.3K in bonus, $880.6K of change in pension value and nonqualified deferred compensation earnings, $391.8K in option awards, $575.1K in salary and $47.2K in other compensation.
Rankings
In 2006, Michael D. Garrett's compensation ranked 1,175th out of 7,022 executives tracked by ExecPay. In other words, Garrett earned more than 83.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,175 out of 7,022 | 83rd |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 154 out of 658 | 77th |
Major group Electric, Gas, And Sanitary Services | 64 out of 281 | 77th |
Industry group Electric Services | 35 out of 109 | 68th |
Industry Electric Services | 35 out of 109 | 68th |
Source: SEC filing on April 13, 2009.
Garrett's colleagues
We found five more compensation records of executives who worked with Michael D. Garrett at Southern Company in 2006.
2006
David Ratcliffe
Southern Company
Chief Executive Officer
2006
Thomas Fanning
Southern Company
Chief Operating Officer
2006
Charles McCrary
Southern Company
President, Alabama Power Company
2006
G Holland
Southern Company
General Counsel
2006
W Bowers
Southern Company