American Electric Power Co. CEO Nicholas Akins' 2019 pay rises 19% to $14M

American Electric Power Co. reports 2019 executive compensation

By ExecPay News

Published: March 11, 2020

American Electric Power Co. reported fiscal year 2019 executive compensation information on March 11, 2020.
In 2019, five executives at American Electric Power Co. received on average a compensation package of $6.4M, a 37% increase compared to previous year.
Average pay of disclosed executives at American Electric Power Co.
Nicholas K. Akins, Chief Executive Officer, received $14M in total, which increased by 19% compared to 2018. 61% of Akins' compensation, or $8.8M, was in stock awards. Akins also received $530K of change in pension value and nonqualified deferred compensation earnings, $3.6M in non-equity incentive plan, $1.5M in salary, as well as $112K in other compensation.
Brian X. Tierney, Chief Financial Officer, received a compensation package of $6.5M, which increased by 78% compared to previous year. 62% of the compensation package, or $4.1M, was in stock awards.
Lisa M. Barton, Executive Vice President- Utilities, earned $4.9M in 2019, a 103% increase compared to previous year.
David M. Feinberg, General Counsel, received $3.2M in 2019, which increases by 18% compared to 2018.
Lana L. Hillebrand, Chief Administrative Officer, earned $2.8M in 2019, a 25% increase compared to previous year.

Related executives

Nicholas Akins

American Electric Power Co.

Chief Executive Officer

Brian Tierney

American Electric Power Co.

Chief Financial Officer

David Feinberg

American Electric Power Co.

General Counsel

Lisa Barton

American Electric Power Co.

Executive Vice President- Utilities

Lana Hillebrand

American Electric Power Co.

Chief Administrative Officer

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Source: SEC filing on March 11, 2020.