William H. Spence

PPL

Chairman, President and Chief Executive Officer

Overview

William H. Spence received an average compensation of $9,131,321 at PPL from 2007 to 2018.

Annual data

2018

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,602,097
Non-Equity Incentive Plan$2,690,277
Salary$1,184,580
Stock Awards$5,740,353
Other$121,478
Total$11,338,785

In 2018, William H. Spence earned a total compensation of $11,338,785 as Chairman, President and Chief Executive Officer at PPL.

Spence received $5,740,353 in stock awards, which accounts for 50.63% of total compensation.

Spence also received $1,602,097 of change in pension value and nonqualified deferred compensation earnings, $2,690,277 in non-equity incentive plan, $1,184,580 in salary and $121,478 in other compensation.

William H. Spence's Pay$11,338,785
Median Employee's Pay$81,211
Pay Ratio140 : 1

For fiscal year 2018, the annual total compensation for William H. Spence was $11,338,785 and for the median employee at PPL was $81,211. The resulting ratio of William H. Spence's pay to the pay of median employee was 140 to one.

2017

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,417,579
Non-Equity Incentive Plan$2,255,772
Salary$1,183,469
Stock Awards$8,555,315
Other$128,196
Total$13,540,331

In 2017, William H. Spence earned a total compensation of $13,540,331 as Chairman, President and Chief Executive Officer at PPL.

Spence received $8,555,315 in stock awards, which accounts for 63.18% of total compensation.

Spence also received $1,417,579 of change in pension value and nonqualified deferred compensation earnings, $2,255,772 in non-equity incentive plan, $1,183,469 in salary and $128,196 in other compensation.

2016

Change in Pension Value and Nonqualified Deferred Compensation Earnings$5,418,856
Non-Equity Incentive Plan$2,506,225
Salary$1,154,712
Stock Awards$6,256,112
Other$171,354
Total$15,507,259

In 2016, William H. Spence earned a total compensation of $15,507,259 as Chairman, President and Chief Executive Officer at PPL.

Spence received $6,256,112 in stock awards, which accounts for 40.34% of total compensation.

Spence also received $5,418,856 of change in pension value and nonqualified deferred compensation earnings, $2,506,225 in non-equity incentive plan, $1,154,712 in salary and $171,354 in other compensation.

2015

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,994,822
Non-Equity Incentive Plan$1,838,953
Option Awards$727,355
Salary$1,127,500
Stock Awards$6,237,307
Other$54,075
Total$12,980,012

In 2015, William H. Spence earned a total compensation of $12,980,012 as Chairman, President and Chief Executive Officer at PPL.

Spence received $6,237,307 in stock awards, which accounts for 48.05% of total compensation.

Spence also received $2,994,822 of change in pension value and nonqualified deferred compensation earnings, $1,838,953 in non-equity incentive plan, $727,355 in option awards, $1,127,500 in salary and $54,075 in other compensation.

2014

Change in Pension Value and Nonqualified Deferred Compensation Earnings$3,808,318
Non-Equity Incentive Plan$2,134,132
Salary$1,126,760
Stock Awards$6,292,601
Other$27,445
Total$13,389,256

In 2014, William H. Spence earned a total compensation of $13,389,256 as Chairman, President and Chief Executive Officer at PPL.

Spence received $6,292,601 in stock awards, which accounts for 47.00% of total compensation.

Spence also received $3,808,318 of change in pension value and nonqualified deferred compensation earnings, $2,134,132 in non-equity incentive plan, $1,126,760 in salary and $27,445 in other compensation.

2013

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,144,007
Non-Equity Incentive Plan$2,519,440
Option Awards$1,526,000
Salary$1,098,846
Stock Awards$4,768,559
Other$52,868
Total$12,109,720

In 2013, William H. Spence earned a total compensation of $12,109,720 as Chairman, President and Chief Executive Officer at PPL.

Spence received $4,768,559 in stock awards, which accounts for 39.38% of total compensation.

Spence also received $2,144,007 of change in pension value and nonqualified deferred compensation earnings, $2,519,440 in non-equity incentive plan, $1,526,000 in option awards, $1,098,846 in salary and $52,868 in other compensation.

2012

Change in Pension Value and Nonqualified Deferred Compensation Earnings$3,324,089
Non-Equity Incentive Plan$2,623,238
Option Awards$972,475
Salary$1,049,039
Stock Awards$3,329,179
Other$76,169
Total$11,374,189

In 2012, William H. Spence earned a total compensation of $11,374,189 as Chairman, President and Chief Executive Officer at PPL.

Spence received $3,329,179 in stock awards, which accounts for 29.27% of total compensation.

Spence also received $3,324,089 of change in pension value and nonqualified deferred compensation earnings, $2,623,238 in non-equity incentive plan, $972,475 in option awards, $1,049,039 in salary and $76,169 in other compensation.

2011

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,382,023
Non-Equity Incentive Plan$1,125,800
Option Awards$445,085
Salary$788,951
Stock Awards$1,339,864
Other$70,033
Total$5,151,756

In 2011, William H. Spence earned a total compensation of $5,151,756 as Chairman, President and Chief Executive Officer at PPL.

Spence received $1,382,023 of change in pension value and nonqualified deferred compensation earnings, which accounts for 26.83% of total compensation.

Spence also received $1,125,800 in non-equity incentive plan, $445,085 in option awards, $788,951 in salary, $1,339,864 in stock awards and $70,033 in other compensation.

2010

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,217,857
Non-Equity Incentive Plan$1,178,100
Option Awards$475,129
Salary$692,492
Stock Awards$1,105,299
Other$64,793
Total$4,733,670

In 2010, William H. Spence earned a total compensation of $4,733,670 as Chairman, President and Chief Executive Officer at PPL.

Spence received $1,217,857 of change in pension value and nonqualified deferred compensation earnings, which accounts for 25.73% of total compensation.

Spence also received $1,178,100 in non-equity incentive plan, $475,129 in option awards, $692,492 in salary, $1,105,299 in stock awards and $64,793 in other compensation.

2009

Change in Pension Value and Nonqualified Deferred Compensation Earnings$632,953
Non-Equity Incentive Plan$1,122,000
Option Awards$609,612
Salary$685,385
Stock Awards$1,024,106
Other$44,110
Total$4,118,166

In 2009, William H. Spence earned a total compensation of $4,118,166 as Chairman, President and Chief Executive Officer at PPL.

Spence received $1,122,000 in non-equity incentive plan, which accounts for 27.25% of total compensation.

Spence also received $632,953 of change in pension value and nonqualified deferred compensation earnings, $609,612 in option awards, $685,385 in salary, $1,024,106 in stock awards and $44,110 in other compensation.

2008

Change in Pension Value and Nonqualified Deferred Compensation Earnings$382,460
Option Awards$530,100
Salary$657,664
Stock Awards$1,704,142
Other$48,279
Total$3,322,645

In 2008, William H. Spence earned a total compensation of $3,322,645 as Executive Vice President and Chief Operating Officer at PPL.

Spence received $1,704,142 in stock awards, which accounts for 51.29% of total compensation.

Spence also received $382,460 of change in pension value and nonqualified deferred compensation earnings, $530,100 in option awards, $657,664 in salary and $48,279 in other compensation.

2007

Change in Pension Value and Nonqualified Deferred Compensation Earnings$287,172
Non-Equity Incentive Plan$712,000
Option Awards$246,014
Salary$597,116
Stock Awards$127,877
Other$39,877
Total$2,010,057

In 2007, William H. Spence earned a total compensation of $2,010,057 as Executive Vice President and Chief Operating Officer at PPL.

Spence received $712,000 in non-equity incentive plan, which accounts for 35.42% of total compensation.

Spence also received $287,172 of change in pension value and nonqualified deferred compensation earnings, $246,014 in option awards, $597,116 in salary, $127,877 in stock awards and $39,877 in other compensation.