CenturyLink CEO Jeffrey Storey's 2019 pay falls 52% to $17M

CenturyLink reports 2019 executive compensation

By ExecPay News

Published: April 8, 2020

CenturyLink reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at CenturyLink received on average a compensation package of $5.6M, a 49% decrease compared to previous year.
Average pay of disclosed executives at CenturyLink
Jeffrey K. Storey, Chief Executive Officer, received $17M in total, which decreased by 52% compared to 2018. 69% of Storey's compensation, or $12M, was in stock awards. Storey also received $3.5M in non-equity incentive plan, $1.8M in salary, as well as $109K in other compensation.
For fiscal year 2019, the median employee pay was $71,279 at CenturyLink. Therefore, the ratio of Jeffrey K. Storey's pay to the median employee pay was 242 to one.
Indraneel Dev, Chief Financial Officer, received a compensation package of $4M, which increased by 48% compared to previous year. 63% of the compensation package, or $2.5M, was in stock awards.
Stacey W. Goff, General Counsel, earned $3.4M in 2019, a 4% decrease compared to previous year.
Scott A. Trezise, EVP, Human Resources, received $1.7M in 2019, which decreases by 7% compared to 2018.
Shaun C. Andrews, Chief Marketing Officer, earned $1.7M in 2019.

Related executives

Jeffrey Storey

CenturyLink

Chief Executive Officer

Indraneel Dev

CenturyLink

Chief Financial Officer

Stacey Goff

CenturyLink

General Counsel

Scott Trezise

CenturyLink

EVP, Human Resources

Shaun Andrews

CenturyLink

Chief Marketing Officer

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Source: SEC filing on April 8, 2020.