ALABAMA POWER CO CEO Mark Crosswhite's 2019 pay jumps 66% to $8.2M
ALABAMA POWER CO reports 2019 executive compensation
By ExecPay News
Published: March 19, 2020
ALABAMA POWER CO reported fiscal year 2019 executive compensation information on March 19, 2020.
In 2019, five executives at ALABAMA POWER CO received on average a compensation package of $3.3M, a 72% increase compared to previous year.
Average pay of disclosed executives at ALABAMA POWER CO
Mark A. Crosswhite, Chief Executive Officer, received $8.2M in total, which increased by 66% compared to 2018. 45% of Crosswhite's compensation, or $3.7M, was of change in pension value and nonqualified deferred compensation earnings. Crosswhite also received $1.1M in non-equity incentive plan, $825K in salary, $2.5M in stock awards, as well as $53K in other compensation.
Zeke W. Smith, Executive Vice President, received a compensation package of $2.5M, which increased by 92% compared to previous year. 55% of the compensation package, or $1.4M, was of change in pension value and nonqualified deferred compensation earnings.
Philip C. Raymond, Chief Financial Officer, earned $2.5M in 2019, a 88% increase compared to previous year.
R. Scott Moore, Senior Vice President, received $1.8M in 2019, which increases by 86% compared to 2018.
Gregory J. Barker, Executive Vice President, earned $1.6M in 2019, a 43% increase compared to previous year.
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Source: SEC filing on March 19, 2020.