American Electric Power Co. CEO Nicholas Akins' 2021 pay slips 3% to $15M
American Electric Power Co. reports 2021 executive compensation
By ExecPay News
Published: March 16, 2022
American Electric Power Co. reported fiscal year 2021 executive compensation information on March 16, 2022.
In 2021, seven executives at American Electric Power Co. received on average a compensation package of $5M, a 6% decrease compared to previous year.
Average pay of disclosed executives at American Electric Power Co.
Nicholas K. Akins, Chief Executive Officer, received $15M in total, which decreased by 3% compared to 2020. 66% of Akins' compensation, or $10M, was in stock awards. Akins also received $462K of change in pension value and nonqualified deferred compensation earnings, $2.9M in non-equity incentive plan, $1.5M in salary, as well as $248K in other compensation.
For fiscal year 2021, the median employee pay was $111,771 at American Electric Power Co.. Therefore, the ratio of Nicholas K. Akins' pay to the median employee pay was 135 to one.
Lisa M. Barton, Chief Operating Officer, received a compensation package of $4.4M, which increased by 28% compared to previous year. 56% of the compensation package, or $2.4M, was in stock awards.
Brian X. Tierney, Former Executive Vice President - Strategy, earned $3.8M in 2021, a 16% decrease compared to previous year.
Mark C. McCullough, Former Executive Vice President - Energy Delivery, received $3.3M in 2021, which increases by 9% compared to 2020.
David M. Feinberg, General Counsel, earned $3.1M in 2021, a 8% decrease compared to previous year.
Julia A. Sloat, Chief Financial Officer, received $3M in 2021.
Charles E. Zebula, Executive Vice President - Portfolio Optimization, earned $2.7M in 2021, a 10% decrease compared to previous year.
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Nicholas Akins
American Electric Power Co.
Chief Executive Officer
Julia Sloat
American Electric Power Co.
Chief Financial Officer
Lisa Barton
American Electric Power Co.
Chief Operating Officer
David Feinberg
American Electric Power Co.
General Counsel
Charles Zebula
American Electric Power Co.
Executive Vice President - Portfolio Optimization
Brian Tierney
American Electric Power Co.
Former Executive Vice President - Strategy
Mark McCullough
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Source: SEC filing on March 16, 2022.