Dominion Resources CEO Thomas Farrell's 2018 pay slips 3% to $15M
Dominion Resources reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
Dominion Resources reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, six executives at Dominion Resources received on average a compensation package of $5.4M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Dominion Resources
Thomas F. Farrell II, Chief Executive Officer, received $15M in total, which decreased by 3% compared to 2017. 50% of Farrell's compensation, or $7.5M, was in non-equity incentive plan. Farrell also received $1.6M in salary, $5.7M in stock awards, as well as $208K in other compensation.
For fiscal year 2018, the median employee pay was $103,761 at Dominion Resources. Therefore, the ratio of Thomas F. Farrell II's pay to the median employee pay was 144 to one.
Mark F. McGettrick, Executive Vice President, received a compensation package of $6.7M, which increased by 16% compared to previous year. 37% of the compensation package, or $2.5M, was in non-equity incentive plan.
Paul D. Koonce, Chief Executive Officer, earned $3.7M in 2018, a 15% decrease compared to previous year.
Diane Leopold, Chief Executive Officer, received $3.1M in 2018, which decreases by 11% compared to 2017.
Robert M. Blue, Chief Executive Officer, earned $2.9M in 2018, a 1% increase compared to previous year.
James R. Chapman, Chief Financial Officer, received $1.3M in 2018.
Related executives
Thomas Farrell
Dominion Resources
Chairman
James Chapman
Dominion Resources
Chief Financial Officer
Mark McGettrick
Dominion Resources
Executive Vice President
Paul Koonce
Dominion Resources
Executive Vice President and Strategic Advisor
Diane Leopold
Dominion Resources
Chief Operating Officer
Robert Blue
Dominion Resources
Chief Executive Officer
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Source: SEC filing on March 25, 2019.